Condominium For Sale in Toronto, Ontario - 770 Bay St
 

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Condominium For Sale

Lumiere Condo Located On Bay And College

$495,000
770 Bay St 1402, Toronto, ON, M5G 2J9
Owner`s Description
Lumiere units have always been known to be a fine mixture of class, luxury, and sophistication, and with a "Daylight" label on this Unit #1402, you will notice the perfectly integrated lighting fixtures as well as the large windows that allow a huge amount of natural light inside the condo suite.

This 2 bedroom condo suite is located at Bay/College which is directly just across College Park. Having approximately 763 square ft. of area space, 2 full bathrooms have been built for the satisfaction of every resident. Only one locker is included in this 2 bedroom condo suite, while parking spots will need to be purchased separately.

For more information, please call: Shamez Dosani (905) 999 1630.

Property Features
Appliances:
Built-in dishwasher, Built-in Oven, Dryer, Fridge, Microwave, Stove, Washer
Floor Covering:
Ceramic, Hardwood
Bathroom:
Bath and shower, Bath Tub
Location Details:
Near Park, Near Schools, Public Transportation, St Joseph College, Ryerson University, College Park, Restaurants, Gas Stations, SuperMarket, Banks
Location Map
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Name:
 Shamez Dosani

 
Home Phone(905) 999-1630
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Email:
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Listing Owner
 Shamez Dosani

Home Phone(905) 999-1630
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Property Summary
Property ID:  9490
Property Cat:  Condo
Property Type:  Condos
Beds:  2
Baths:  2
Size:  763 sq. ft

Property Tax Calculation

"The Land Transfer Tax in Toronto, Ontario based on the selling price of $495,000.00 is $12,000.00 and the annual property tax based on Assessment value of $495,000.00 is $3,925.00."


* 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 $495,000.00


Total Tax is: $3,925.00*
$1,143.00 goes to Education
$2,782.00 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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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Condominium For Sale


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