Pier 27 Residences

High Rise Luxury Condo For Sale

From $618,000

25 Queens Quay E , Toronto, ON, M5E 1L7

Condo Description

Pier 27 Residences is a captivating waterfront luxury condominium development located right at the foot of Yonge Street directly on the shoreline in downtown Toronto.

Pier 27 will consist of two 15 storey towers connected by a SkyBridge which will also contain luxury condo suites. Amenities at Pier 27 will be world class and will include a health club, spa, games room and a private theater.

Pier 27 will feature a total of 303 total units ranging in size from 507 sq ft up to 4563 square feet and will come in 1 bed, 1 bed plus den, 2 bed, 2 bed plus den, 3 bed, 3 Bed plus Den and Penthouse configurations.

The residents of Pier 27 will have easy access to the Gardiner Expressway allowing residents easy access to the main traffic arteries to get around Toronto.

Suites in Pier 27 will have spectaculur finishes including engineered hardwood flooring, granite kitchen countertops, 10 foot ceilings, sculpted glass balcony, appliances, custom kitchen cabinetry and ensuite laundry units.

Property Features

Amenities: Gym, Sauna, Concierge, Fire Feature,Games Room, Garden, Guest Suite, Multimedia Room, Events Room, Pool - Indoor, Steam Room, Valet Parking, and Visitor Parking	Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer
Floor Covering: None, Engineered Hardwood floors	Bathroom: Bath and shower, Bath Tub
Location Details: Near Park, Near Schools, DancAir Flight School Inc., Aveda Institute Canada, Berczy Park, Restaurants, Banks, Gas Stations

Building/Unit Information

Project Name: Pier 27 Residences	Total Units: 303
Total Floors: 15	Architect: architectsAlliance
Unit Types: 1 bed, 1 bed + den, 2 bed, 2 bed + den, 3 bed, Penthouse, 3 Bed Den	Unit Sizes: 507 - 4,563 sq. ft

Location Map

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Property Summary
Property ID:	9403
Property Cat:	High Rise Luxury Condo
Property Type:	Condos

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $618,000.00 is $16,920.00 and the annual property tax based on Assessment value of $618,000.00 is $4,900.00."

* 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 $618,000.00

Total Tax is: $4,900.00*
$1,428.00 goes to Education
$3,473.00 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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