Loft Condominium For Sale
127 Queen Street East , Toronto, ON, M5C
Glasshouse Lofts is a modern boutique loft condominium project designed by Karl Fisher Architects set to be located on the south side of Queen St East just west of Jarvis in the downtown core of Toronto.
Glasshouse Lofts will consist of a 12 storey tower that will house 86 loft condominiums ranging in size from 430 to 1200 square feet and coming 1 bed, 1 bed plus den and 2 bed configurations.
The location of Glasshouse Lofts is very convenient only a short walk from St James Park, The Eaton Center, St Lawrence Market and the Financial District. There is a Queen streetcar stop right in front of the building and the Queen Subway station a short walk away.
Suites within Glasshouse Lofts have 9 foot ceilings and will come with hardwood flooring and a complete set of appliances along with ensuite laundry.
Gym, Lobby, Terrace, Lounge
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Bath and shower, Bath Tub
Near Park, Near Schools, Aveda Institute Canada, Harris Institute, Ryerson University, St. James Park, Restaurants, Banks, SuperMarket, Gas Stations
Karl Fisher Architects
1 bed, 1 bed + den, 2 bed
430 - 1,200 sq. ft
|Ceiling Height: ||9 ft.|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $250,000.00 is $4,450.00 and the annual property tax based on Assessment value of $250,000.00 is $1,982.00."
* 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 $250,000.00
Total Tax is: $1,982.00*
$578.00 goes to Education
$1,405.00 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%.