$798,000

$820,000For salePrice drop↓ $22,000 (3%)

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#MPH07 7 Lorraine Drive, Toronto (Willowdale West) - Single Family for Sale

#MPH07 7 Lorraine Drive, Toronto (Willowdale West), Ontario, M2N7H2

4 beds2 baths parking

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Listed by FOREST HILL REAL ESTATE INC.

#508 5168 Yonge Street, Toronto (Willowdale West), Ontario, M2N5P6

For saleJust listed

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$530K

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1 bd1 ba550 ft²+$409/mo

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#212 503 Beecroft Road, Toronto (Willowdale West), Ontario, M2N0A2

For saleJust listed

Yesterday

$470K

#212 503 Beecroft Road, Toronto (Willowdale West), Ontario, M2N0A2

2 bd1 ba1 pk650 ft²+$767/mo

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$798,000

Toronto

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Description

Luxurious Sonata corner penthouse unit, 3 bedrooms and a den. Desirable Layout, master bedroom flooring was replaced Mar 2026, walls painted Jul 2026. Parking spot right by elevator entrance. 24 hours concierge, indoor pool, full exercise room, party room. Located in the heart of North York, easy access to public transportation and amenities. 2nd parking space available as a separate purchase at additional cost and is not included with sale of condo unit. (id:66096)

Property Details

MLS®: C13680270
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,011/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,800.6/yr
Listed: 82 days ago

Market Timing

Days on market

82d

Toronto (Willowdale West) listings, avg age

73d

Price / ft²

$614

List price

$798K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M2N)

This home lists at $798,000, about 9.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $155,877 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$798,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,800.00

Min 6.87%50%

Mortgage payment$4,120/mo

↳ CMHC premium ($29,728 capitalized)

Property tax (est.)$317/mo

Condo fee$1,011/mo

Total monthly$5,448

Cash Needed to Close

Down payment (6.87%)$54,800

Land transfer tax$24,870

Est. closing costs$4,894

Total cash needed$84,564

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#MPH07 7 Lorraine Drive, Toronto (Willowdale West) - Single Family for Sale

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Neighbourhood profile (M2N)

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