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Listed 7 days ago

1706 - 23 Lorraine Drive

Willowdale West, Toronto

$798,000

Condo Apartment |
3 + 1 | 2 | 1 | 1
About this home

3 bed + open plan den, 2 full WCs, 1148 SQFT, parking, locker and stunning unobstructed panoramic west views from every room. Rarely do you step inside the perfect condo featuring everything you want and need. Unit 1706 has the highly desired perfect layout, having been lovingly renovated and maintained to impeccable condition by the owner occupier. Natural light floods every room with unobstructed breathtaking west views overlooking lush Willowdale. Kitchen is well laid out for efficiency, the living/dining room is perfect for all extended family gatherings, and it features a split bedroom floor plan with no wasted space. The suite features many updates throughout, including wood flooring (no carpets), removal of popcorn ceiling, kitchen backsplash and tiles, a full bathroom renovation, and new light fixtures throughout. A rare and special opportunity that won't last. Only a handful of sales of this unique unit layout have occurred in the last 10 years which is not surprising. Also, Symphony Square is a reputable well managed building with low turnover, extremely low inclusive maintenance fees and a healthy reserve.There is an abundance of amenities including a 24 hour concierge, visitor parking inside and out, library, billiards, indoor pool, sauna, gym, guest suites, and on site management. The building has a great community enhanced by an established long term management and concierge team. It is conveniently located only a three-minute walk to a 3.5-hectare park, tennis courts, children's playground and the Finch TTC subway/bus terminal. With grocery, shopping, entertainment, leisure, transit and huge green spaces all on your doorstep, can you think of a "reason not to" make this your next home? parking P2 # 120 ( unit 122 level B) locker P2 #44 (unit 213 level B) open house sunday 11 oct 12-3

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$896
LockerOwned
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,668
mls© NumberC13866318
Listed BySUTTON GROUP-ASSOCIATES REALTY INC.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,085
Property tax
$306
Heat allowance
$150
Condo fees, half counted
$448
Housing costs
$4,988 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,600
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,358 / mo
Cash down
$159,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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