23 Lorraine Drive Unit 1706, Toronto C07

Price: $698,000

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13222676

3 bed + open plan den, 2 full WCs, 1148 SQFT, parking, locker and stunning unobstructed panoramic west views from every room. Rarely do you step inside the perfect condo featuring everything you want and need. Unit 1706 has the highly desired perfect layout, having been lovingly renovated and maintained to impeccable condition by the owner occupier. Natural light floods every room with unobstructed breathtaking west views overlooking lush Willowdale. Kitchen is well laid out for efficiency, the living/dining room is perfect for all extended family gatherings, and it features a split bedroom floor plan with no wasted space. The suite features many updates throughout, including wood flooring (no carpets), removal of popcorn ceiling, kitchen backsplash and tiles, a full bathroom renovation, and new light fixtures throughout. A rare and special opportunity that won't last. Only a handful of sales of this unique unit layout have occurred in the last 10 years which is not surprising. Also, Symphony Square is a reputable well managed building with low turnover, extremely low inclusive maintenance fees and a healthy reserve. There is an abundance of amenities including a 24 hour concierge, visitor parking inside and out, library, billiards, indoor pool, sauna, gym, guest suites, and on site management. The building has a great community enhanced by an established long term management and concierge team. It is conveniently located only a three-minute walk to a 3.5-hectare park, tennis courts, children's playground and the Finch TTC subway/bus terminal. With grocery, shopping, entertainment, leisure, transit and huge green spaces all on your doorstep, can you think of a "reason not to" make this your next home? Open house sat and sun 12-3

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New Listing
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$698,000 - 23 Lorraine Drive Unit 1706, Willowdale

Condo for Sale in Willowdale

New — Listed 3 days ago
4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13222676
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Description

3 bed + open plan den, 2 full WCs, 1148 SQFT, parking, locker and stunning unobstructed panoramic west views from every room. Rarely do you step inside the perfect condo featuring everything you want and need. Unit 1706 has the highly desired perfect layout, having been lovingly renovated and maintained to impeccable condition by the owner occupier. Natural light floods every room with unobstructed breathtaking west views overlooking lush Willowdale. Kitchen is well laid out for efficiency, the living/dining room is perfect for all extended family gatherings, and it features a split bedroom floor plan with no wasted space. The suite features many updates throughout, including wood flooring (no carpets), removal of popcorn ceiling, kitchen backsplash and tiles, a full bathroom renovation, and new light fixtures throughout. A rare and special opportunity that won't last. Only a handful of sales of this unique unit layout have occurred in the last 10 years which is not surprising. Also, Symphony Square is a reputable well managed building with low turnover, extremely low inclusive maintenance fees and a healthy reserve. There is an abundance of amenities including a 24 hour concierge, visitor parking inside and out, library, billiards, indoor pool, sauna, gym, guest suites, and on site management. The building has a great community enhanced by an established long term management and concierge team. It is conveniently located only a three-minute walk to a 3.5-hectare park, tennis courts, children's playground and the Finch TTC subway/bus terminal. With grocery, shopping, entertainment, leisure, transit and huge green spaces all on your doorstep, can you think of a "reason not to" make this your next home? Open house sat and sun 12-3

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,581.10/mo

Includes CMHC insurance ($19,474)

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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: Thornhill / Willowdale

Discover Thornhill / Willowdale

Thornhill / Willowdale 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 Thornhill / Willowdale

  • 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

Thornhill / Willowdale 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 1706, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$494
Insurance (est.)-$145
Net Cash Flow+$1,871

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 $698/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. 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.

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 $2,908 (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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    23 Lorraine Drive Unit 1706, Th… — $698,000 | Battaglia Team