45 days on Market

7 Lorraine Dr #2209, Toronto, Ontario M2N 7H2

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$579,999
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$898/sqft

Est. Mortgage$2,491/mo

Maintenance fees$513/mo

Tax Amount (2023)$2,217/yr

Days On Market45 days


Description

Welcome to this exceptional urban retreat - this 1 bedroom + den condo that perfectly captures the essence of vibrant living in Toronto! Just steps from Yonge St, Finch TTC Subway, Viva Transit, Highway 401, and an array of shops and amenities, this location is unbeatable for those seeking convenience and connectivity. Spanning over 630 square feet, this rare and thoughtfully designed floorplan provides both comfort and functionality. The open concept living and dining is truly impressive with its bright space boasting floor-to-ceiling windows featuring laminate flooring that pairs seamlessly with a modern kitchen, a generously sized primary bedroom, and access to a quiet & large walkout balcony with sunset views. The spacious den is perfect for a home office. Terrific hotel style amenities - gym, visitor's parking, indoor pool, hot tub, guest suites & more. Unit includes a parking. Well managed building with low maintenance fees. Must see video & virtual tour!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10412178
Community NameWillowdale
Data SourceTRREB
Listing byUNION CAPITAL REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

4.00 x 3.10

Laminate / Open Concept / W/O To Balcony

Kitchen

2.76 x 2.75

Breakfast Bar / B/I Microwave / Combined W/Living

Den

3.00 x 2.40

Open Concept / Combined W/Living / Laminate

Prim Bdrm

3.35 x 2.75

Laminate / Large Window / Large Closet


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


19Story
Amenities

Concierge, Gym, Indoor Pool, Party/Meeting Room, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by UNION CAPITAL REALTY, Brokerage

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Market Data - Willowdale

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2023

40 days

2022

35 days

2021

16 days

New Listings

Past 30 days

324 listings

Compared to

2023

226 listings

2022

165 listings

2021

69 listings

Units sold

Past 30 days

71 units

Compared to

2023

63 units

2022

61 units

2021

142 units

Median Sold Price

Past 30 days

$689,000

Compared to

2023

$715,000

2022

$710,000

2021

$690,100


Population and Demographics

Overview

Total population 97265
Average household income $123,619

Age (%)

20 to 34
27%
35 to 49
21%
50 to 64
18%
65 and plus
17%
0 to 19
16%

Household composition (%)

Single family
57%
Single person
35%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
37%
Mandarin
15%
Iranian Persian
10%
Korean
10%
Yue (Cantonese)
8%
Russian
5%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Spanish
2%
Arabic
1%

House tenancy (%)

Owners
56%
Renters
44%

Schools and amenities

Estimated Budget