812-7 Lorraine Avenue, Toronto, ON
Willowdale West, Toronto · MLS® C13580048
About this home
Welcome to Sonata Condominiums! Bright and spacious 3-bedroom, 2-bath suite offering approximately 873 sq. ft. of thoughtfully designed living space in the heart of North York. This beautifully updated unit features an open-concept layout, modern kitchen with quartz countertops, stylish backsplash, breakfast bar, upgraded laminate flooring, renovated bathrooms, and a large private balcony with northeast city views. Includes one underground parking space and ensuite laundry. Residents enjoy exceptional building amenities including 24-hour concierge, indoor pool, gym, sauna, party room, guest suites, and visitor parking. Unbeatable Yonge & Finch location just steps to Finch Subway Station, TTC, restaurants, cafes, shopping, grocery stores, parks, and top-rated schools, with easy access to Hwy 401. An outstanding opportunity to lease a spacious condo in one of North York's most convenient and sought-after neighbourhoods. Tenant to pay hydro. No smoking. AAA tenants preferred.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13580048
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 800-899
- Cross streets
- Yonge & Finch
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- North East
- Days on market
- 4
- Listing brokerage
- KINGSWAY REAL ESTATE
Rooms
laminate · large window · closet
laminate · combined w/dining · open concept
laminate · large window · closet
laminate · combined w/dining · open concept
laminate · 4 pc ensuite · large window
ceramic floor · backsplash · quartz counter
Listed at $3,200/mo, this rental is about 6% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In Willowdale West lately, landlords have been getting about 98% of asking and homes lease in about 26 days.
Based on 85 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 85 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, leased for $2,900/mo
- Adjusts to $2,900/mo
That comparable adjusts to $2,900/mo; the $3,024/mo estimate above is the median of all 85 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
Total price vs nearby homes. Fair value about $3,024/mo, median of 85 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Willowdale West, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $2,560 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16
- Toronto municipal land transfer tax
- $16
- Estimated closing costs
- $32
Plus your down payment of $640. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $820
- Principal paid down
- $326
- Interest paid
- $494
- Balance remaining
- $2,234
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KINGSWAY REAL ESTATE. MLS®/PropTx.