Luxury Condo For Sale
27 Rean Drive 708, Toronto, ON, M2K0A6
Luxury 2 year old condo located at bayview and sheppard very close to Bayview subway and 401 just across street from Bayview village mall. One of the best 2 bedroom 2 full bathrooms in the building , corner unit, 240 square feet of private Terrace. on top floor (7th floor) of Merci condos by Daniels
Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer
Bath and shower, Bath Tub, Separate Toilet
Close to All Services
|Year of Construction: ||2|
Property Tax Calculation
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $492,900.00 is $11,916.00 and the annual property tax based on Assessment value of $492,900.00 is $3,908.00."
* 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 $492,900.00
Total Tax is: $3,908.00*
$1,139.00 goes to Education
$2,770.00 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%.