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    Toronto / North York / Willowdale

    708 - 7 Lorraine Dr

    For RentSonata Condos
    $2,600/mth
    1 Bed
    1 Bath
    1 Parking
    645 SQFT
    8 Days on Strata
    Est Lease Timeframe
    13 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    10.04 x 9.97ft
    Den
    10.14 x 7.45ft
    Kitchen
    7.87 x 9.06ft

    About this Listing

    Welcome to 7 Lorraine Drive, Unit 708, Toronto. This unit features a thoughtfully designed layout with a spacious primary bedroom offering his-and-her closets, and a den that serves as a separate room with a closet, sliding doors, and a large windowperfect as a second bedroom or bright home office. Enjoy the sun-drenched west exposure, filling the space with natural light. Move-in ready, the unit is freshly upgraded with laminate flooring throughout, stylish window coverings, and an open-concept living and dining area. The kitchen is a chef's delight, featuring quartz countertops, a modern backsplash, and stainless steel appliances. Situated at the vibrant Yonge & Finch intersection, you'll have seamless access to the subway, GO transit, and a variety of local amenities, including trendy restaurants, cafes, and bars. Embrace the convenience and lifestyle this dynamic neighbourhood offers-your new home awaits!

    right at home realtyMLS® #C10425284

    Amenities

    Indoor Pool
    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Sonata Condos vs The Willowdale Area

    Building Trends At Sonata Condos

    Days on Strata

    Units at Sonata Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    4.3
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    40th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Sonata Condos offers the
    ?
    best value out of 109 condos in the Willowdale neighbourhood

    Appreciation Rank

    Sonata Condos has the
    ?
    highest ROI out of 109 condos in the Willowdale neighbourhood

    Rental Yield

    Sonata Condos yields the
    ?
    highest rent prices out of 109 condos in the Willowdale neighbourhood

    High Demand

    Sonata Condos is the
    ?
    most popular building out of 109 condos in the Willowdale neighbourhood

    Transaction Insights at 7 Lorraine Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$540,000 - $605,000No Data$960,000$752,000 - $800,000No Data
    Avg. Cost Per SqftNo Data$835No Data$632$901No Data
    Avg. Wait for Unit AvailabilityNo Data100 Days92 Days78 Days50 Days522 Days
    Ratio of Units in Building2%19%19%25%33%5%

    Transactions vs Inventory

    Total number of units listed and leased in Willowdale