7 Lorraine Drive Unit MPH07, Toronto C07

Price: $820,000

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13680270

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.

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$820,000 - 7 Lorraine Drive Unit MPH07, Willowdale

Condo for Sale in Willowdale

Popular Listing

Neighbourhood: Willowdale West

4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13680270
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,207.03/mo

Includes CMHC insurance ($22,878)

$
$
5%10%50%

5-yr fixed avg.

Principal: $738,000Interest: $501,230
Mortgage Amount$760,878
Total Interest$501,230
Est. Property Tax$581/mo
Total Cost$1,262,108

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

7 Lorraine Drive Unit MPH07, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$581
Insurance (est.)-$171
Net Cash Flow+$1,788

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 $683/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.

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 $3,417 (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.

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    7 Lorraine Drive Unit MPH07 | $820,000 | Battaglia Team