23 Lorraine Drive Unit 1908, Toronto C07

Price: $698,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: C13852194

Welcome to this bright and spacious 2+1 bedroom suite at Symphony Square! Featuring a well-designed and functional layout with generous living and dining areas, a versatile den ideal for a home office, study or guest space, and abundant natural light throughout. A spacious masteroom and well-separated bedrooms provide comfortable and practical living for families or professionals. Enjoy the benefits of a well established and professionally managed building with an excellent selection of amenities, including 24-hour concierge/security, indoor pool, gym, sauna, party room and visitor parking. The building is well maintained by an experienced management team and has consistently maintained very reasonable low maintenance fees, which include heat, hydro, water, central A/C, building insurance, common elements and parking - offering exceptional value and keeping monthly ownership costs attractive. Ideally located in the heart of Yonge & Finch, just steps to Finch Subway Station, transit, restaurants, shopping, parks and everyday conveniences. A fantastic opportunity to own a bright, spacious and highly functional 2+1 in a well-managed community offering excellent overall value.

23 Lorraine Drive Unit 1908 - Condo photo 1 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 2 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 3 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 4 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 5 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 6 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 7 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 8 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 9 of 21 in Thornhill / Willowdale, Ontario
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23 Lorraine Drive Unit 1908 - Condo photo 13 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 14 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 15 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 16 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 17 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 18 of 21 in Thornhill / Willowdale, Ontario
23 Lorraine Drive Unit 1908 - Condo photo 19 of 21 in Thornhill / Willowdale, Ontario
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$698,000 - 23 Lorraine Drive Unit 1908, Willowdale

Condo for Sale in Willowdale

New — Listed 3 days ago

Neighbourhood: Willowdale West

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
C13852194
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Thornhill / Willowdale
Taxes (2026)
$2,985
Maintenance Fees
$726/mo
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Welcome to this bright and spacious 2+1 bedroom suite at Symphony Square! Featuring a well-designed and functional layout with generous living and dining areas, a versatile den ideal for a home office, study or guest space, and abundant natural light throughout. A spacious masteroom and well-separated bedrooms provide comfortable and practical living for families or professionals. Enjoy the benefits of a well established and professionally managed building with an excellent selection of amenities, including 24-hour concierge/security, indoor pool, gym, sauna, party room and visitor parking. The building is well maintained by an experienced management team and has consistently maintained very reasonable low maintenance fees, which include heat, hydro, water, central A/C, building insurance, common elements and parking - offering exceptional value and keeping monthly ownership costs attractive. Ideally located in the heart of Yonge & Finch, just steps to Finch Subway Station, transit, restaurants, shopping, parks and everyday conveniences. A fantastic opportunity to own a bright, spacious and highly functional 2+1 in a well-managed community offering excellent overall value.

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Estimate your monthly payments for this property

Estimated Payment

$3,581.10/mo

Includes CMHC insurance ($19,474)

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5%10%50%

5-yr fixed avg.

Principal: $628,200Interest: $426,656
Mortgage Amount$647,674
Total Interest$426,656
Est. Property Tax$494/mo
Total Cost$1,074,331

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.

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Neighbourhood Guide: Willowdale West

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

23 Lorraine Drive Unit 1908, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$726
Property Tax (est.)-$494
Insurance (est.)-$145
Net Cash Flow+$1,315

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $776/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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. The $726/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    23 Lorraine Drive Unit 1908 | $698,000 | Battaglia Team