Luxury Condo For Sale in Toronto, Ontario - 27 Rean Drive
 

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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
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Name:
 Hanif Arkian

 
(416) 871-6060
Phone:
Email:
Message:
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Listing Owner
 Hanif Arkian

(416) 871-6060
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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%.



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See Also: Toronto Real Estate     Toronto Condos For Sale     Toronto Luxury Condo For Sale


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