23 Lorraine Drive, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Willowdale West. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $584,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this bright and beautifully refreshed 2+1 bedroom including den. 2 full bathrooms. This suite offers 865 sq. ft. of comfortable living space in the heart of the highly desirable Yonge and Finch neighbourhood. Situated on the 7th floor with an easterly view, this vacant, move-in-ready home is perfect for buyers looking for convenience, comfort, and value. Freshly professionally painted throughout, the unit has been thoughtfully updated with engineered flooring, new drapery, new taps, and new shower heads, giving it a fresh, modern feel. The functional layout features two spacious bedrooms, two full bathrooms, and a separate den that's ideal for a home office, study area, or guest space. The open-concept living and dining area is filled with natural light, creating a warm and welcoming atmosphere. The kitchen comes equipped with stainless steel appliances, including a fridge, stove, and built-in dishwasher, making everyday living and entertaining easy. Additional features include an underground parking space conveniently located near the elevator and a private locker for extra storage. The maintenance fee includes heat, hydro, water, parking, locker, building insurance, and common elements, offering excellent value and peace of mind. Residents enjoy access to a great selection of amenities, including an indoor swimming pool, fitness centre, billiards room, and recreation room. Located just steps to Finch Subway Station, TTC, shopping, restaurants, parks, and everyday conveniences, this home offers an exceptional lifestyle in one of North York's most convenient locations. Just move in, unpack, and enjoy everything this wonderful community has to offer.
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Carpet Free
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Lorraine Drive 718, Toronto C07, ON M2N 6Z6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $584,900 in Toronto, the legal minimum down payment is $33,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,173 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,173 also applies, bringing the total estimated land transfer taxes to $16,346.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
