| Heat Included | |
| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New6 hours ago
807 - 7 Lorraine Drive
Willowdale West, Toronto
$470,000
Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home
Welcome to this bright and beautifully updated 1+Den suite at the highly sought-after 7 Lorraine Drive in the heart of North York. Featuring a functional open-concept layout with no wasted space, the suite offers updated kitchen appliances, flooring and lighting, plus a spacious living area with walk-out to a private balcony. Enjoy convenient access to Finch Subway Station, GO Transit, Metro, restaurants, cafés, parks, banks, and shops. Residents have access to excellent amenities including 24-hour concierge, indoor pool, sauna, gym, billiards, guest and party rooms, visitor parking, and bike racks. Includes an extra-large locker and owned parking space conveniently located close to the elevators. Move-in ready and enjoy the best of Yonge & Finch living!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $536 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $101,929 |
| mls© Number | C13708886 |
| Listed By | PROMPTON REAL ESTATE SERVICES CORP. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,406
- Property tax
- $8,494
- Heat allowance
- $150
- Condo fees, half counted
- $268
- Housing costs
- $11,318 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $94,000
25-yr amortization
Income needed
$348,000
gross annual household income
- Payment at 4%
- $1,978 / mo
- Cash down
- $94,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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