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    7 Lorraine Drive

    Sonata Condos
    4for Sale
    7for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    26
    Number of Units:
    303
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    547 - 1,500 SQFT
    Unit Availability:
    Medium

    Listing History for Sonata Condos

    Receive listing updates for Willowdale

    Amenities

    Security System
    Guest Suites
    Visitor Parking
    Sauna
    Games Room
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7 Lorraine DriveSonata Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Sonata Condos at 7 Lorraine Drive. Ghods Builders Inc. completed this building back in 2003, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.94 per-square-foot. The building is 26 storeys tall and is home to 303 suites. Units start at 547 square feet on the low end, and can go up to 1500 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 92 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 7 Lorraine Drive are $0.94 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for units at 7 Lorraine Drive is $859, based on the past 12 months of sales, and units tend to sell within 31 days of being listed. 30 units have been rented in the previous 12 months, and 10 units have been sold. Suites often sell for -0.72% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    This is a great choice for foodies — with restaurants like Huh Ga Ne, Rosey J Cafe. and Cheers Chicken & Beers (Finch Ave. W) nearby, the only issue will be picking just one. If you’ve come to Willowdale for the coffee, then you’re in the right place — as both Mr. Chu, Café Princess and Starbucks are just steps away.

    There are a number of grocery stores within a short drive, including Metro, H Mart North York and Food Basics.

    Residents here can stop by BMO Bank of Montreal and CIBC Business Contact Centre on their way home from work, so they can take care of their financial needs.

    Getting some fresh air is a breeze when you live at 7 Lorraine Drive because excellent green spaces like Lorraine Drive Park, Olive Square and Olive Square Park are walkable in under 3 minutes.

    Those who love to shop will appreciate all the options nearby with Collaboht Branding, Yonge Connaught Plaza and North York Centre just 3 minutes from here.

    When the weekend rolls around, GallerySunami, Gibson House Museum and Irena Art Gallery are within a short 3-minute drive away. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    Sonata Condos is a short drive away from McKee Public School, Churchill Public School and Yorkview Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Jonas High School, Horizons Secondary School and Fun with Langugaes Kids Learning Program.

    Transportation

    Transit users will love the Willowdale neighbourhood with convenient light transit routes like Finch Ave West At Yonge St nearby. Transit riders will love living just 0 minutes from Finch Station.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 509 Beecroft Road, 7-15 Greenview Avenue and 503 Beecroft Road.

    Sonata Condos Reviews

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    Listings For Sale

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    Listings For Rent

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    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 condos

    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%

    Maintenance Fees

    Sonata Condos vs The Willowdale Area

    Days on Strata

    Units at Sonata Condos spend an average of
    31
    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

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    37th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    31
    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 - $605,000$610,000 - $660,000$960,000$752,000 - $800,000No Data
    Avg. Cost Per SqftNo Data$835$913$632$901No Data
    Avg. Wait for Unit AvailabilityNo Data100 Days92 Days78 Days50 Days522 Days
    Ratio of Units in Building2%19%19%25%33%5%

    Unit Sales vs Inventory

    Total number of units listed and sold in Willowdale