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    Toronto / North York / Willowdale

    1501 - 7 LORRAINE Dr

    For RentSonata Condos
    $2,900/mth
    2 Beds + 1
    2 Bath
    1 Parking
    800 - 899 SQFT
    17 Days on Strata
    Est Lease Timeframe
    13 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    0 x 0ft
    Dining
    Combined with Living, Laminate
    0 x 0ft
    Kitchen
    Open Concept, Ceramic Floor
    0 x 0ft

    About this Listing

    Welcome To This Beautiful 2 + Den Unit In The Luxury 'Sonata' Condo At Yonge & Finch, It Offers A Splendid Lifestyle In The Heart Of Toronto , Steps To Subway, Transit, Schools, Restaurants, Groceries And So Much More. All Walls Will Be Repainted Before Occupancy, Unit Will Be Professionally Cleaned.

    tradeworld realty incMLS® #C11883674

    Amenities

    Concierge
    Indoor Parking
    Indoor Pool
    Party Room
    Rec Room
    Guest Suites

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    32,007
    Average Individual Income
    $57,784
    Average Household Size
    3 persons
    Average Age
    54
    Average Household Income
    $98,978
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    22%
    65+
    23%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    21%
    Semi Detached
    20%
    Low Rise Apartment
    10%
    Duplex
    8%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    51%
    Cantonese
    18%
    Mandarin
    13%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Sonata Condos vs The Willowdale Area

    Building Trends At Sonata Condos

    Days on Strata

    Units at Sonata Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Willowdale

    Turnover of Units

    On average, each unit is owned for
    4.3
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    35th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    35
    Units were Rented over the past twelve months

    Best Value Rank

    Sonata Condos offers the
    ?
    best value out of 109 condos in the Willowdale neighbourhood

    Appreciation Rank

    Sonata Condos has the
    ?
    highest ROI out of 109 condos in the Willowdale neighbourhood

    Rental Yield

    Sonata Condos yields the
    ?
    highest rent prices out of 109 condos in the Willowdale neighbourhood

    High Demand

    Sonata Condos is the
    ?
    most popular building out of 109 condos in the Willowdale neighbourhood

    Transaction Insights at 7 Lorraine Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$540,000 - $605,000No DataNo Data$752,000 - $800,000No Data
    Avg. Cost Per SqftNo Data$835No DataNo Data$901No Data
    Avg. Wait for Unit AvailabilityNo Data100 Days92 Days78 Days50 Days522 Days
    Ratio of Units in Building2%18%19%25%33%5%

    Transactions vs Inventory

    Total number of units listed and leased in Willowdale