Luxury Condo For Sale

$492,900

27 Rean Drive 708, Toronto, ON, M2K0A6

Owner`s Description

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

Property Features

Appliances: Built-in dishwasher, Dryer, Fridge, Microwave, Stainless steel appliances, Stove, Washer	Bathroom: Bath and shower, Bath Tub, Separate Toilet
External Facing: Brick	Parking Spaces: 1
Exposure: North East	Location Details: Close to All Services

Property Costs

Condo Fees:
$560 / month

Location Map

Map		Neighborhood Information		Street View

Name:

Hanif Arkian

(416) 871-6060

Phone:

Email:

Message:

Also create free propertysold profile

Enter Number

Listing Owner

Hanif Arkian

(416) 871-6060

Having trouble reaching owner?

Request a Showing

Save

Property Summary
Property ID:	9937
Property Cat:	Luxury Condo
Property Type:	Condos
Beds:	2
Baths:	2
Size:	840 240Terrace
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%

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 $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%.

Related Real Estate