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807 - 7 LORRAINE DRIVE, Toronto (Willowdale West) — listed at $399,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! Flooring was newly replaced 3 years ago. The stove is 2 years old, and The range hood is 1 year old (It is fully automatic with motion-sensor activation and operation), The refrigerator is brand new (installed this year) (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,038.58, a condo/maintenance fee of $535.88/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $399,900, this is priced in starter-home territory for Toronto (Willowdale West). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Who is 807 - 7 LORRAINE DRIVE best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What do the condo/maintenance fees cover?+
The $535.88/mo fee covers: Common Area Maintenance, Heat, Water, Insurance, Parking.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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