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$599,900
DOM84days7 Lorraine Drive · Toronto · Ontario M2N 7H2
84 days on market
Act Now, Spacious Split Style Condo In Demand Location. Open Concept Living And Dining With Laminate Flooring, Modern Kitchen With S/S Appliances. Den Easily Accommodates A Home Office, Large Master With Closet And A 4 Piece Ensuite. Second Bedroom With Laminate Flooring And Additional Closet Space. Close To All Amenities Including Shopping And Schools, Subway At The Door, Building Has Hotel Like Amenities, Must See Upgraded Unit, Won't Last!
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX WEST REALTY INC.
Source: TRREB/PROPTX · MLS® C13625200
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $27,310 | $2,276/mo |
| Government & taxes | ||
| Property tax | $2,970 | $248/mo |
| Land transfer tax(closing) | $8,473 | $706/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,999 | $500/mo |
| Condo fees | ||
| Condo / HOA fees | $8,755 | $730/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $64,167 | $5,347/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.