Condominium For Sale
Toronto Living For Under $300k
260 Sackville St , Toronto, ON, M5A 0B3
It is a brand new condo part of a big city revitalization program. The property is available for occupancy in September, and closing end of September/Early October.
I will co-operate with buyer agent.
The condo has one parking and one locker.
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Close to All Services, Public Transportation, Recreational/Community center
||484 sq. ft|
|Ceiling Height: ||9 ft.|
|Year of Construction: ||2011|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $266,375.00 is $4,859.00 and the annual property tax based on Assessment value of $266,375.00 is $2,112.00."
* 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 $266,375.00
Total Tax is: $2,112.00*
$615.00 goes to Education
$1,497.00 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%.