House For Sale
Reduced Price On Fantastic Income Property In Toronto C2 Area!
1079 Davenport Road , Toronto, ON, M6G 2C2
This is a great rental investment in the heart of Toronto. The price was reduced by $20,000 for a quick sale! Walking distance from George Brown Casa Loma campus, steps to two 24-hour grocery stores, Hill Crest park, a public library and a TTC stop.
Living room 3.35m x 3.8m
Kitchen 4.3m x 2.62m
Bedroom 3.3m x 4m
Living room 2.95m x 3.35m
Kitchen 3.35m x 3.75m
Bedroom 3.3m x 3.45m
Living room 5.25m x 4.2m
Bedroom 3.75m x 2.65m
Potential Monthly Rental Income:
Low = $750 | Average = $850 | High = $900
Low = $900 | Average = $1000 | High = $1100
Low = $1300 | Average = $1400 | High = $1500
Total Potential Monthly Rental Income:
Low = $2950 | Average = $3250 | High = $3500
This Listings Can Be Viewed on Realtors website MLS.ca ID# C2157142
Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer
Carpet, Hardwood, Laminate
Apartment, Partially Finished
Bath and shower, Bath Tub
Close to All Services, Near Park, Near Schools
$2,640 / year
$146 / month
$43 / month
||1,550 sq. ft|
|Property Width: ||19.00 ft|
|Property Length: ||84.00 ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $559,000.00 is $14,560.00 and the annual property tax based on Assessment value of $559,000.00 is $4,432.00."
* 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%
* 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 $559,000.00
Total Tax is: $4,432.00*
$1,291.00 goes to Education
$3,141.00 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%.