TIP TOP LOFTS! Remarkable Loft Conversion
of a historically significant 1920`s ART DECO building
A very sought-after premier property
GREAT DOWNTOWN LOCATION --
6TH FLOOR 640 SQ. FT. Bright + Modern
open concept 1 BEDROOM /
17 FT. from floor to ceiling /
132 SQ. FT. N facing BALCONY w exciting
city views + view of waterfront park + Princes` Gates of Exhibition Place
FLOOR TO CEILING windows / light hardwood coloured floor
STAINLESS STEEL kitchen appliances, granite countertop
dishwasher, washer + dryer
central air + CUSTOM BLINDS
24 hr. concierge / magnificent lobby entrance
Amenities include weight/exercise room + jacuzzi, multi-use party room with catering kitchen + outdoor terrace
right beside bike/jogging path, Coronation Park + waterfront,
TTC across the street
"The Land Transfer Tax in Toronto, Ontario based on the selling price of $319,900.00 is $6,197.50 and the annual property tax based on Assessment value of $319,900.00 is $2,536.56."
* 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 $319,900.00
Total Tax is: $2,536.56* $738.97 goes to Education $1,797.59 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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