Condominium For Sale
1 Bedroom Den Assignment - Art Condo
40 Dovercourt Road , Toronto, ON, M6J 3C2
This is a private assignment sale in a new pre construction project called Art Condos. The building is currently under construction and the move in estimated to be between May and September of 2012.
The unit is a 1 bedroom den 664 square feet with two balconies on the 6th floor facing West.
Parking can be purchased for 30,000 4,000 for a locker.
Please call for more information.
Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer
Bath and shower, Bath Tub
Conservation area, Near Park, Near Schools, Public Transportation, SuperMarket
||664 sq. ft|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $324,990.00 is $6,325.00 and the annual property tax based on Assessment value of $324,990.00 is $2,577.00."
* 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 $324,990.00
Total Tax is: $2,577.00*
$751.00 goes to Education
$1,826.00 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%.