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7 Lorraine Drive 807: condo for sale

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$399,900

2 bedrooms, 1 bathroom, Condo Apartment · Willowdale West · near Finch West

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From the listing brokerage

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),

Facts on the listing

Square feet500-599
StyleApartment
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$536
Property tax$2,039
Tax year2025
LockerOwned
PetsYes-with Restrictions
ExposureWest
Fee includesHeat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
BalconyOpen
LaundryEnsuite
Interior featuresOther
Floor7

Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP. MLS® C13858316.

More about 7 Lorraine Drive: every unit for sale in the building, fees and amenities

About this condo apartment

7 Lorraine Drive 807 is a 2 bedroom condo apartment in TRREB's Willowdale West community in North York, listed for sale at $399,900. The listing shows 1 bathroom and 500-599 square feet. The unit faces west. It comes with 1 parking space and a locker (owned) according to the listing. The nearest main intersection given is Finch West.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

What it costs to buy 7 Lorraine Drive 807

At the asking price of $399,900, a buyer in the City of Toronto pays two land transfer taxes on closing. North York is inside the City, so both apply.

Asking price$399,900
Ontario land transfer tax$4,474
Toronto municipal land transfer tax$4,474
Both taxes$8,948
First-time buyer relief, if you qualifyup to $8,474
Minimum down payment$19,995

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$536 a month
Property tax (2025)$2,039 a year, about $170 a month
Fee and tax togetherabout $706 a month

The listing says the maintenance fee includes heat, water, upkeep of the common elements, building insurance and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Maintenance fees are set each year in the condo corporation's budget and can go up. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 101 condo apartment sales in district Toronto C07 in Q2 2026, at a median of $580,000 and an average of $619,683. This unit is listed at $399,900, which is $180,100 below that median. In August 2026 the district had 25 condo apartment sales at a median of $560,000.

A district median covers every size and age of unit, so it is a reference point and not a valuation of this home. Size, floor, parking, condition and the building's finances all move the price. Our North York condo prices page has the figures for every district.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented, and get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and whether it calls for higher contributions.
  5. Get your financing in writing. A lender looks at the fee and the property tax as well as the price.
  6. See it in person. photos do not show noise, light at different hours or the state of the hallways and elevators.

Our guide to buying a condo in North York walks through each step.

About Willowdale and North York Centre

This is the stretch of Yonge Street from Sheppard Avenue to Finch Avenue, with three Line 1 stations. Willowdale East and Willowdale West had 188 condo apartment sales between them in the second quarter of 2026 (TRREB).

Transit: Line 1 Yonge-University at Sheppard-Yonge, North York Centre and Finch stations. Sheppard-Yonge also serves Line 4 Sheppard. Finch has a GO and York Region bus terminal

TRREB figureMedianSales and average
Condo apartments, Toronto C14 (includes Willowdale East), Q2 2026$570,000174 sales, average $597,444
Condo apartments, Toronto C07 (includes Willowdale West), Q2 2026$580,000101 sales, average $619,683
All home types, Willowdale East, Q2 2026$630,000214 sales, average $953,036. 153 were condo apartments and 22 were condo townhouses
All home types, Willowdale West, Q2 2026$764,00060 sales, average $1,087,371. 35 were condo apartments

Questions about Willowdale and North York Centre

How much is a condo in Willowdale?

TRREB reports condo-only prices by district. In the second quarter of 2026 the median condo apartment price was $570,000 in Toronto C14, where Willowdale East supplied 153 of 174 sales. It was $580,000 in Toronto C07, where Willowdale West supplied 35 of 101 sales.

Is North York Centre the same as Willowdale?

North York Centre is a Line 1 station at 5102 Yonge Street. For statistics, TRREB uses the communities Willowdale East and Willowdale West. Its Condo Market Report also defines a North York City Centre sub-market, which is districts Toronto C07 and Toronto C14 together.

Which subway stations serve Willowdale?

There are three Line 1 stations: Sheppard-Yonge at 20 Sheppard Avenue West, North York Centre at 5102 Yonge Street and Finch at 5600 Yonge Street. Sheppard-Yonge is where you change to Line 4 and Finch is the end of Line 1.

What size of condo sells in North York City Centre?

In the second quarter of 2026 TRREB counted 85 two-bedroom sales, 66 one-bedroom plus den, 62 two-bedroom plus den, 40 one-bedroom and 22 three-bedroom in its North York City Centre sub-market. TRREB showed prices by bedroom only as a chart without dollar labels, so we do not quote them.

How many homes in Willowdale are condos?

It varies by City neighbourhood. In the 2021 Census condominiums made up 89% of occupied dwellings in Yonge-Doris, 90% in Avondale, 52% in Willowdale West and 24% in East Willowdale.

What do condos rent for in this area?

In the second quarter of 2026 TRREB recorded 419 one-bedroom condo apartment leases in Toronto C14 at an average rent of $2,273 and 290 two-bedroom leases at an average of $2,954. Those are district figures for one quarter and they say nothing about what a particular unit will earn.

What should I check before buying a resale condo here?

Ask for the status certificate. The Condominium Authority of Ontario says a condominium corporation can charge up to $100 for it and must provide it within 10 days. It includes the budget, the reserve fund statement, common expenses for the unit and any special assessments. Have your lawyer review it.

Read the Willowdale and North York Centre condo guide · All Willowdale and North York Centre condos for sale

Similar condos for sale in Willowdale and North York Centre

Questions about 7 Lorraine Drive 807

How much is land transfer tax on 7 Lorraine Drive 807?

At the asking price of $399,900 the Ontario tax is $4,474 and the Toronto tax is $4,474, $8,948 in total. A first-time buyer who qualifies can get up to $8,474 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 7 Lorraine Drive 807?

$19,995 at the asking price of $399,900, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 7 Lorraine Drive 807?

The listing shows $536 a month, including heat, water, upkeep of the common elements, building insurance and parking. Check the current fee in the status certificate.

How much is the property tax on 7 Lorraine Drive 807?

The listing shows $2,039 a year for 2025, about $170 a month.

Is 7 Lorraine Drive 807 priced above or below the area median?

It is listed at $399,900. The Q2 2026 median for condo apartments in TRREB district Toronto C07 was $580,000 across 101 sales, so the asking price is $180,100 lower. The median covers all unit sizes.

How do I book a showing for 7 Lorraine Drive 807?

Use the button on this page or call us. Quote MLS® C13858316. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 7 Lorraine Drive 807 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

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Nothing here is legal, tax, mortgage or investment advice.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.

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