$699,000 - 23 Lorraine Drive Unit 502, Willowdale
Condo for Sale in Willowdale
Popular ListingNeighbourhood: Willowdale West
- MLS Number
- C13493928
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Thornhill / Willowdale
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to Symphony Square - where space, location, and value come together in the heart of North York! This bright and spacious 3 bedroom, 2 bathroom suite offers an impressive 1,115 sq. ft. of well-designed living space, making it one of the best values in the highly sought after Yonge & Finch neighbourhood. Featuring an efficient, family-friendly layout, large principal rooms, expansive windows that fill the home with natural light, and tasteful updates throughout, this residence is move-in ready while offering outstanding potential to personalize. The generous eat-in kitchen provides ample cabinetry and a sunny breakfast area, while the open-concept living and dining rooms create the perfect setting for everyday living and entertaining. 3 spacious bedrooms, 2 full bathrooms, ensuite laundry, parking, and a locker complete this exceptional package. Residents enjoy first-class amenities including a 24-hour concierge, indoor pool, sauna, fitness centre, party room, billiards, visitor parking, and beautifully maintained common areas. Just steps to Finch Subway Station, TTC, GO Bus Terminal, parks, cafes, restaurants, shopping, supermarkets, and top-rated schools, this unbeatable location offers the perfect blend of vibrant city living and everyday convenience. Whether you're a first-time buyer, growing family, downsizer, or investor, this is an outstanding opportunity to own a spacious home in one of North York's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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 502, 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
Competitive Pricing
At $699/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.
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.
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.
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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.