Vu Condos

High-Rise Condo For Sale

From $697,990

116 GEORGE ST , Toronto, ON, M5A 3S9

Condo Description

VU is a high rise residential condominium project set to be located in downtown Toronto close to St. James Park in at the corner at Jarvis and Adelaide. VU condos will be an elegant glass, brick, metal and stone multi tower construction designed by Hariri Pontarini and Young Wright architects.

Life life to the fullest in this cosmopolitan downtown within walking distance to restaurants, shopping and TTC access.

Residential condo units will have 9 foot ceilings with nulofts and penthouses featuring 10 foot ceilings along with all units having floor to ceiling windows. Entry into suites will be designed by Cecconi Simone and each suite will have individual control over heating and air conditioning. Flooring options include either laminate or carpeting throughout with porcelain floor tiles in the bathrooms.

All residential suites at VU will have a large balcony with one exterior electricity receptacle, water hose and light fixture.

Penthouses and nulofts will have a fireplace installed.

Kitchens in condos at VU come with granite counter tops, ceramic backsplashes, European styled cabinetry and all major appliances in your choice of stainless steel, white or black.

VU will have 530 total residential units spread over a 24 storey high rise construction and will come in sizes ranging from 1,195 sq ft up to 2,582 sq ft.

Property Features

Amenities: Gym, Air Conditioning, Community Barbecues, Meeting Room, Concierge, Games Room, Garden, Multimedia Room, Events Room, and Security System	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer
Floor Covering: Carpet, Laminate	Bathroom: Bath and shower, Bath Tub
Location Details: Near Park, Near Schools, Super Market, Banks, Gas Stations, Restaurants, George Brown College

Building/Unit Information

Project Name: Vu Condos	Total Units: 530
Total Floors: 24	Unit Types: 2 bed, 2 bed + den
Unit Sizes: 1,195 - 2,582 sq. ft

Location Map

Map		Neighborhood Information		Street View

We respect your email privacy

Get More Information

Save

Property Summary
Property ID:	9350
Property Cat:	High-Rise Condo
Property Type:	Condos
Ceiling Height:	9 ft.
Year of Construction:	2011

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $697,990.00 is $20,120.00 and the annual property tax based on Assessment value of $697,990.00 is $5,535.00."

* 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 $697,990.00

Total Tax is: $5,535.00*
$1,612.00 goes to Education
$3,922.00 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%.

Related Real Estate