Condominium For Sale

1 Bedroom Den Assignment - Art Condo

$324,990

40 Dovercourt Road , Toronto, ON, M6J 3C2

Owner`s Description

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.

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Ceramic, Hardwood
Basement: None	Bathroom: Bath and shower, Bath Tub
Garage: None	Driveway Details: Underground
Parking Spaces: 1	Exposure: West
Location Details: Conservation area, Near Park, Near Schools, Public Transportation, SuperMarket

Location Map

Map		Neighborhood Information		Street View

Name:

Gary Kenning

(519) 590-8600

Phone:

Email:

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Listing Owner

Gary Kenning

(519) 590-8600

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Property Summary
Property ID:	9429
Property Cat:	Condominium
Property Type:	Condos
Beds:	1
Baths:	1
Size:	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%

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 $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%.

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