Mortgage Brokers in Toronto

Toronto features

If western Lake Macquarie had a capital, it would be Toronto.

Established as a waterside retreat from the big smoke of Sydney, Toronto offers the best of all worlds. Sitting right on the lake, you’ve got scenic walking routes, cafes with stunning views and easy access to the water. On the other side of the suburb, you’ll find bushland and walking trails to fill every weekend of the year.

Toronto is one of the few suburbs in Lake Mac to have an old fashioned high street with a huge number of shops. From supermarkets and chain stores to op shops and boutiques, everything you could want is here. Cafes, restaurants and takeaways are also in plentiful supply.

As well as the foreshore, there’s also plenty of green space in Lions Park where you’ll find regular markets throughout the year. Much like the Fernleigh Track in Newcastle, Toronto marks the start (or end) point of the Greenway Pathway, a a walking/cycling trail that makes use of an old rail line out to Fassifern.

You’d think with all this on your doorstep, plus homes with decent sized gardens, you’d have to spend millions. But Toronto remains one of the most affordable suburbs in the area. As of April 2024, the median house price is $825,250 (units are $741,000) giving you prices that most parts of Newy just can’t match (nevermind Sydney).

On the waterfront sits the Royal Motor Yacht Club, occupying Lake Holme — the former lakeside home of William Arnott, who founded the biscuit company. A suburb with a nineteenth-century waterfront estate at its centre has a fixed shape, which is part of why so little of the stock here changes hands in any year.

Where the concession is worth the most

Toronto sits at the valuable end of a band most people treat as a single thing. Its median house reads $825,250 as at August 2026, just above the $800,000 where a first home buyer stops being exempt from transfer duty altogether — and the concession that replaces the exemption is largest right there, then shrinks all the way to nothing at $1,000,000.

The size of it is the point. An eligible buyer pays $4,950 in duty at this median. Anybody else pays $31,326. The concession is worth $26,376, which is eighty-four per cent of the bill, and it is the most valuable position in the band of any suburb we cover.

A fifth of the price is $165,050, so about $196,700 to have ready at full duty and considerably less for a first home buyer. Units read $741,000, back inside the full exemption. A suburb with a high street this varied has stock across all three positions, and the stamp duty calculator shows what each is worth.