Condominium For Sale

$5,000 Cash Bank

$299,800

225 Sherway Gardens Road , Toronto, ON, M9C 0A3

Owner`s Description

This empty, yet perfectly maintained Sherway penthouse features a warm and bright atmosphere, while boasting a 9 ft. ceiling all throughout the property space. While primarily located in a fresh and peaceful environment, this 1 bedroom condo suite is perfect for students and bachelors due to its modern contemporary design all over. The best thing about this condo suite is probably the balcony area which gives off a fantastic view of the lake and green areas across Toronto -- just too magnificent to leave out.

The condo suite is approximately 650 square ft and includes an excellent parking space. Enjoy its interior features such as the granite countertops, shiny hardwood flooring, top notch stainless steel appliances and a whole lot more! Sherway is conveniently located near all important places and centres for all your living needs.

Property Features

Appliances: Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer	Floor Covering: Ceramic, Hardwood
Bathroom: Bath and shower, Bath Tub	Driveway Details: Underground
Parking Spaces: 1	Location Details: Near Schools, Minutes from the QEW, Hwy. 427 and TTC service , St. Ambrose Separate School, Bisset Park, Restaurants, Gas Stations, SuperMarket, Banks

Property Costs

Property Taxes:
$1,800 / year

Location Map

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Danny Gregoric

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Listing Owner

Danny Gregoric

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Property Summary
Property ID:	9478
Property Cat:	Condo
Property Type:	Condos
Beds:	1
Baths:	1
Size:	650 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $299,800.00 is $5,695.00 and the annual property tax based on Assessment value of $299,800.00 is $2,377.00."

* 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 $299,800.00

Total Tax is: $2,377.00*
$693.00 goes to Education
$1,685.00 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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