$888,000 - 23 Lorraine Drive Unit 1906, Willowdale
Condo for Sale in Willowdale
Neighbourhood: Willowdale West
- MLS Number
- C13650834
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
A Must See! Rare Luxurious 3 Bedroom + Den Condo @ Prime North York Location. Bright & Spacious, Uniquely Redesigned Open Concept & Fully Renovated Unit With Beautiful Unobstructed View Overlooking Treetops & Houses. Engineering Hardwood Floor Throughout The Unit. Custom Made Huge Kitchen With Pot Lights, Extra Large Island & Breakfast Bar, 2 Spacious Pantry With B/I Soft-close Drawers, Lazy Susan, Granite Countertops, Backsplash, Soft Close Doors & Drawers. Pot Lights & B/I Wall Units in the Living Room. B/I Wall Unit in Primary BR. Split Bedroom Plan & Fully Renovated Washrooms .2 Side-By-Side Parking Space & Large Locker Room in P1 Level. 24/7 Concierge, Visitor Parking, Sauna, Gym, Party Room, Billiard Room, Indoor Swimming Pool, and Guest suits. Steps To Yonge & Finch Subway, Go, TTC, Park, Schools, Shops, Restaurants, Library & More, Easy Access To Highway 401. Very low maintenance Fee (Everything Included Except For Cable TV And Tax).
Estimate your monthly payments for this property
Estimated Payment
$4,555.90/mo
Includes CMHC insurance ($24,775)
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 1906, Thornhill / Willowdale
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Rental income estimator & ROI calculator
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 $888/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 16 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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.