Fashion House Condos

Mid-Rise Condo For Sale

From $334,900

556 King Street W , Toronto, ON, M5V 1K4

Condo Description

Fashion House Condos is a new mid rise residential condo project by Freed Developments set to grace the skyline of the Entertainment District in downtown Toronto. Architectural design is by the award winning team at Core Architects Inc. helping ensure this condo project will be one of the most sought after residences in the downtown core.

Fashion House Condos will be located near the corner of King and Spadina at 560 King Street West. This mid rise condominium tower will have a total of 334 units spread over 14 floors with 1 bed, 2 bed and 3 bed configurations ranging in size from 600 sq ft to over 2000 sq ft.

Suites in Fashion House will come complete with 9 and 10 ft ceilings in one storey units with 18 ft ceilings in the two level townhomes. Kitchens will have a European contemporary design complete with stainless steel appliances (with white ensuite laundry unit). Countertops in the kitchen will be contemporary stone. Ceilings will be natural exposed concrete everywhere except in the bathrooms and foyer.

Flooring throughout the living room, dining room, kitchen, den and bedrooms will be a stylish pre finished hardwood flooring that will include an acoustic underlay to dampen sound between suites. Bathroom flooring will be porcelain tiles as well as in the laundry area.

Bathrooms will be 4 piece configurations with soaker tubs and a separate shower only unit. Shower enclosures will be completed using porcelain tiles. A Corian sink and countertop along with full height vanity mirror complete the luxurious bathroom design.

Property Features

Amenities: Gym, Security 24/7, Rooftop patio, Lounge	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Floor Covering: None, pre-finished engineered hardwood	Bathroom: Bath and shower, Bath Tub, Porcelain Tiles
Location Details: Near Park, Near Schools, Alpha Alternative School, Toronto School of Art, Restaurants, banks, Gas Stations, SuperMarket

Building/Unit Information

Project Name: Fashion House Condos	Total Units: 334
Total Floors: 12	Architect: Core Architects
Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den, 3 bed	Unit Sizes: 464 - 3,356 sq. ft

Location Map

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Property Summary
Property ID:	9394
Property Cat:	Mid-Rise Condo
Property Type:	Condos
Ceiling Height:	9 ft.

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $334,900.00 is $6,572.00 and the annual property tax based on Assessment value of $334,900.00 is $2,655.00."

* 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 $334,900.00

Total Tax is: $2,655.00*
$774.00 goes to Education
$1,882.00 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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