Mid-Rise Condo For Sale
560 Front Street West , Toronto, ON, M5V 3N5
Reve is a mid rise residential development condo project in Toronto located in the heart of downtown on King Street West. Centrally located, Reve boasts a plethora of activities within walking distance including many options for shopping, dining, nightlife and cultural attractions.
Reve will feature a truly stylish design and includes many luxury amenities including a fitness and yoga center, spa like sauna and a designer decorated roof top terrace with excellent views of the downtown Toronto skyline. Reve will have a built in theater which residents can reserve for movie nights with family and a full featured party lounge for that special get together.
Reve is truly a stunning residential condominium project with unit sizes from 550 sq ft to over 1455 sq ft. The project will have 305 total units split over 13 floors.
Sauna, Security 24/7, Party Lounge, Meeting Room, Billiards Room, Theatre, Yoga Centre, Wellness Centre, Rooftop Terrace
Stainless steel appliances
Close to All Services, Highway Access, Near Park, Near Schools, Bars, Restaurants, Rogers Centre, The world-famous Second City comedy club, Roy Thompson Hall and more
1 bed, 1 bed + den, 2 bed, 3 bed
550 - 1,455 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 $340,000.00 is $6,700.00 and the annual property tax based on Assessment value of $340,000.00 is $2,696.00."
* 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 $340,000.00
Total Tax is: $2,696.00*
$785.00 goes to Education
$1,911.00 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%.