1506-23 Lorraine Drive, Toronto, ON

Willowdale West, Toronto · MLS® C13797540

$638,800
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Luxury Living at Symphony Square - 2-Bedroom Gem in the Heart of North York with Great Sunset View.
  • Step into a modern open-concept living and dining area, featuring elegant laminate flooring, upgraded appliances, and quality finishes.
  • Great Amenities, Concierge/Security, Location: Situated in the heart of North York, just steps to Finch Subway, TTC, restaurants, parks, schools, and shopping.

Luxury Living at Symphony Square - 2-Bedroom Gem in the Heart of North York with Great Sunset View! See Photos. Welcome to this stunning 2-bedroom, 2-bathroom suite in the highly sought-after Symphony Square. Bright, spacious, and beautifully maintained. This sun-filled unit offers the perfect blend of style, comfort, and convenience. Step into a modern open-concept living and dining area, featuring elegant laminate flooring, upgraded appliances, and quality finishes. A stylish chandelier adds a sophisticated touch to the space. The beautifully kitchen is a showstopper, complete with quartz countertops, stainless steel appliances, upgraded faucet. Enjoy your morning coffee in the breakfast area overlooking unobstructed west views. The split-bedroom layout ensures maximum privacy-ideal for families or professionals working from home. Step out to your private balcony - an ideal extension of your living space. This unit also includes the convenience of in-suite laundry. Low maintenance fees covering utilities-offering exceptional value and peace of mind. Features Include: Ensuite Laundry, Parking & Locker Included. Great Amenities, Concierge/Security, Location: Situated in the heart of North York, just steps to Finch Subway, TTC, restaurants, parks, schools, and shopping. Quick and easy access to Highways. A rare opportunity to own a turnkey, spacious condo in one of North York's most convenient and great communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13797540
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge / Finch
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$708/mo
Exposure
West
Property tax
$2,985 / 2026
Days on market
32
Listing brokerage
RE/MAX CROSSROADS REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Willowdale West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 1.2 km awayAbove the GTA average · 78% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Cyril Catholic School · Catholic elementary0.2 km · 90% at standard
McKee Public School · Public elementary0.6 km · 86% at standard
Avondale Secondary Alternative School · Public secondary1.0 km
R J Lang Elementary and Middle School · Public elementary1.0 km · 60% at standard
Drewry Secondary School · Public secondary1.1 km
Churchill Public School · Public elementary1.2 km · 83% at standard
Earl Haig Secondary School · Public secondary1.3 km · 90% at standard
Claude Watson School for the Arts · Public elementary1.5 km · 96% at standard
Yorkview Public School · Public elementary1.6 km · 52% at standard
Cummer Valley Middle School · Public elementary1.7 km · 79% at standard
Cardinal Carter Academy for the Arts · Catholic secondary1.7 km · 92% at standard
Cardinal Carter ES · Catholic elementary1.7 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,911/mo
$136KIncome needed
4.7×Price ÷ income
$672Weekly cost
$18,502Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

75%mortgage
Mortgage $2,911Property tax $249Condo fee $708Total carry $3,868

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,826per month

Mortgage amount $511,040 · 4.49% over 25 years

$127,760Down payment (20.0%)
$511,040Loan before insurance
$0CMHC premium
$3,782Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,826
Property tax
$249
Condo / maintenance fees
$708
Heating
$0
Estimated monthly cost
$3,782

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,251
Toronto municipal land transfer tax
$9,251
Estimated closing costs
$18,502

Plus your down payment of $127,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,420/monthPayment at the qualifying rate

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

$336,648Total interest paid
$847,688Total of all payments
Principal $511,040 Interest $336,648
YearPrincipalInterestBalance
1$11,404$22,503$499,636
2$11,922$21,985$487,714
3$12,463$21,444$475,250
4$13,029$20,878$462,221
5$13,621$20,287$448,600
6$14,239$19,668$434,361
7$14,886$19,022$419,475
8$15,562$18,346$403,914
9$16,268$17,639$387,645
10$17,007$16,901$370,639
11$17,779$16,129$352,860
12$18,586$15,321$334,273
13$19,430$14,477$314,843
14$20,312$13,595$294,531
15$21,235$12,673$273,296
16$22,199$11,709$251,097
17$23,207$10,701$227,891
18$24,260$9,647$203,630
19$25,362$8,546$178,269
20$26,513$7,394$151,755
21$27,717$6,190$124,038
22$28,976$4,932$95,062
23$30,291$3,616$64,771
24$31,667$2,241$33,104
25$33,104$803$0

At the end of your 5-year term

Total paid over the term
$169,538
Principal paid down
$62,440
Interest paid
$107,098
Balance remaining
$448,600

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.

Let's connect

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.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
2.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.1%
Gross yield
− Property tax $2,985− Condo fees $8,497− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,754

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.

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