Loading neighbourhood intel…
Loading neighbourhood intel…
$798,000
Sonata · 7 Lorraine Drive · Toronto · Ontario M2N 7H2
69 days on market
Luxurious Sonata corner penthouse unit, 3 bedrooms and a den. Desirable Layout, master bedroom flooring was replaced Mar 2026, walls painted Jul 2026. Parking spot right by elevator entrance. 24 hours concierge, indoor pool, full exercise room, party room. Located in the heart of North York, easy access to public transportation and amenities. 2nd parking space available as a separate purchase at additional cost and is not included with sale of condo unit.
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $22KPrice reduction
MLS shows the seller reduced the asking price by $22,000 (from $820,000 to $798,000).
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: HOMELIFE LANDMARK REALTY INC.
Source: TRREB/PROPTX · MLS® C13680270
Do you own a home in Toronto?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,300 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 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $36,328 | $3,027/mo |
| Government & taxes | ||
| Property tax | $3,801 | $317/mo |
| Land transfer tax(closing) | $12,435 | $1,036/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%) | $7,980 | $665/mo |
| Condo fees | ||
| Condo / HOA fees | $12,131 | $1,011/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 | $83,335 | $6,945/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.