$730K
$121,743
Confidence
High
High
$715,000
Medium
$690,000
Low
$665,000
Confidence
High
"Just a short stroll from Charlton Christian College and the Greenway Track, which connects Toronto to Fassifern Station, this versatile duallevel home has plenty of potential. Currently set up for separate living on both floors, it features two kitchens and two bathrooms. The lower level has already had some modern touches and flows into a bright, versatile sunroom, offering 37sqm of flexible space. Upstairs, youll find three bedrooms and an openplan living area that spills out onto a fulllength balconyperfect for soaking up the morning sun and enjoying pleasant district views and lake glimpses. There are so many options here. You could live on one level while renting out the other, or even rent out both floors for maximum returns, especially with a few modern updates. Its also ideal for housing grown children or ageing parents. With some simple modifications, the home could easily transform into a spacious, duallevel sanctuary for a growing family. Just five minutes from Torontos vibrant town centre, Blackalls Park offers a wonderful lifestyle with its local shopping centre, schools, parks, and recreational spaces. Plus, the nearby Blackalls Park Foreshore Reserve is perfect for picnics, leisurely strolls, or fun on the water. Versatile dual level home, 612sqm block Flexible lower level with own entrance, kitchenette, bathroom, two rooms sunroom Three bedrooms, timber kitchen, bathroom, lounge and verandah with views upstairs Single carport and generous front and rear yards 2km to Toronto CBD with its choice of lakeside shopping and eateries Five minutes to Fassifern Train Station, 75 mins to Sydney 1.8km Blackalls Park Public School, 4km Toronto High, 500m Charlton Christian College, 6km St Pauls Catholic College Avery Property Professionals are proud to present this home to the market. Please contact Bruce Avery today to secure your inspection. Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
81.3%
$715K
5.1%
-$40,000
-$15,877
3.8%
2.8%
-13.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$730,000
Estimated Purchase Price
$730,000
Stamp Duty
$27,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$73,000
Reg. Mortgage
$164
LMI Premium
$18,798
Renovation Costs
-
Total Cash/Equity Required
$121,743
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,560
$39,226
Property Management
+7.7% PA
$2,122
$3,020
Rates
+3.0% PA
$1,381
$1,802
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$20,680
$29,998
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$22,682
-$13,364
Depreciation
-
-
Tax Offset
-$6,805
-$4,009
Net Cashflow After Tax
-$15,877
-$9,355
Assumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$657,000
$657,000
$79,920
$675,176
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price