$848,000 - 23 Lorraine Drive Unit 1706, Willowdale
Condo for Sale in Willowdale
35 days on marketNeighbourhood: Willowdale West
- MLS Number
- C13222676
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
3 bed + open plan den, 2 full WCs, 1148 SQFT, parking, locker and stunning unobstructed panoramic west views from every room. Rarely do you step inside the perfect condo featuring everything you want and need. Unit 1706 has the highly desired perfect layout, having been lovingly renovated and maintained to impeccable condition by the owner occupier. Natural light floods every room with unobstructed breathtaking west views overlooking lush Willowdale. Kitchen is well laid out for efficiency, the living/dining room is perfect for all extended family gatherings, and it features a split bedroom floor plan with no wasted space. The suite features many updates throughout, including wood flooring (no carpets), removal of popcorn ceiling, kitchen backsplash and tiles, a full bathroom renovation, and new light fixtures throughout. A rare and special opportunity that won't last. Only a handful of sales of this unique unit layout have occurred in the last 10 years which is not surprising. Also, Symphony Square is a reputable well managed building with low turnover, extremely low inclusive maintenance fees and a healthy reserve. There is an abundance of amenities including a 24 hour concierge, visitor parking inside and out, library, billiards, indoor pool, sauna, gym, guest suites, and on site management. The building has a great community enhanced by an established long term management and concierge team. It is conveniently located only a three-minute walk to a 3.5-hectare park, tennis courts, children's playground and the Finch TTC subway/bus terminal. With grocery, shopping, entertainment, leisure, transit and huge green spaces all on your doorstep, can you think of a "reason not to" make this your next home? parking P2 # 120 ( unit 122 level B) locker P2 #44 (unit 213 level B) July 1st main fee increased to $896.18
Estimate your monthly payments for this property
Estimated Payment
$4,350.68/mo
Includes CMHC insurance ($23,659)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Willowdale West
Willowdale West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Willowdale West
- •Convenient location in Thornhill / Willowdale
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Willowdale West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
23 Lorraine Drive Unit 1706, Thornhill / Willowdale
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $848/sqft, this property is priced in line with current Willowdale market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Willowdale. Good resale value as demand remains consistent.
About Willowdale West
I know Willowdale West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.