Condominium For Sale in Toronto, Ontario - 525 Wilson Avenue
 

Toronto Condos & Lofts For Sale By Owner

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Condominium For Sale

Gramercy Park Condos - 1 Bedroom Assignment For Sale By Owner

$265,000
525 Wilson Avenue , Toronto, ON, M3K 1E3
Property Features
Appliances:
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Stove, Washer
Garage:
Heated
Driveway Details:
Underground
Parking Spaces:
1
Location Details:
Highway Access, Public Transportation, close to Yorkdale
Property Costs
Condo Fees:
$250 / month
Location Map
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Name:
 R. Stransky

 
Home Phone(905) 660-4203
Phone:
Email:
Message:
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Listing Owner
 R. Stransky

Home Phone(905) 660-4203
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Property Summary
Property ID:  8575
Property Cat:  Condo
Property Type:  Condos
Beds:  1
Baths:  1
Size:  590 sq. ft
Year of Construction: 2012

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $265,000.00 is $4,825.00 and the annual property tax based on Assessment value of $265,000.00 is $2,101.00."


* The land transfer tax formula for Ontario

$0 to $55,000.00 - land transfer tax is 0.5% plus $55,000.00 to $250,000.00 - land transfer tax is 1.0%  plus $250,000.00 to $400,000.00 - land transfer tax is 1.5% plus $400,000.00 and up - land transfer tax is 2.0%


Plus


* The land transfer tax formula for Toronto, ON

$0 to $55,000.00 - land transfer tax is 0.5%  plus $55,000.01 to $400,000.00 - land transfer tax is 1.0%  plus $400,000.00 and up - land transfer tax is 2.0%


The annual property tax for Toronto ON


Assessment Value of $265,000.00


Total Tax is: $2,101.00*
$612.00 goes to Education
$1,489.00 goes to the City


The total property tax is divided between city tax and education tax. A portion of this tax goes to fund the Province's Education system.


For 2011 the municipal tax rate is 0.5619218%.
For 2011 the education tax rate is 0.231000%.
The total tax rate for 2011 is 0.7929218%.



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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Condominium For Sale


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