Curse or blessing- the Oakville Showcase home. I have been reading to find what the property taxes might be on the showcase home at 1306 Cambridge Drive, Oakville. I have read postings by people suggesting perhaps $20,000 to $50,000 for the yearly property taxes alone on the grand prize.
The property taxes chart below is a little scary even down to the minute.
I would like some feedback from real estate agents selling in the Oakville area for a possible current list value, estimated sales value, time on market and commissioned charged. Any idea what someone could walk away with?
This could be lots of FREE exposure for your business. I feel lucky and may be in the market to sell this home after I win it.
Anyone in the insurance industry, I would like a quote to insure this place.
If you win this week’s $50 Million on Lotto Max you could afford to keep this place if you win it.
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Saw your request for information on property taxes etc. As a general rule, when purchasing a new property in Toronto, and the taxes have not been assessed yet, they say allow 1.25% of purchase price for property taxes. Oakville is marketed as a posh suburb, and the residential taxes are higher outside Toronto city limits. Here, the burden is placed on commercial and industrial properties, but that is slowly changing. I believe the taxes in Oakville are closer to 1.35% of assessed value, remember to exclude the price of furniture and decor. Toronto has many duplicated taxes, ie the land transfer tax, vehicle registration tax, compulsory license fees for pets, etc. jon
I am just wondering what the insurance would be for a male driver, clean record , but with only 3 years of insurance history, on that $300,000 car from the Princess Margret Hospital Lottery, fall 2009? Anyone? City of residence, Toronto.
Saw your property tax challenge for “the mistake on the lake” as it has become to be referred to, by some, or the PMHF Oakville Showhome, if you prefer. When purchasing a new property in Toronto the tax’s are not always assessed, so as a general rule they say allow 1.25% of purchase price for annual property tax. Toronto has among the lowest residential property taxes in the CMA. The bulk of the tax burden is placed on commercial and industrial properties, but this is slowly changing. Oakville is marketed as a posh suburb and the property taxes here reflect that reality. In Oakville I believe the figure is closer to 1.35% of purchase price. Remember to remove the price of the furniture and decor, when calculating estimated property taxes.
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