23 Lorraine Drive 1809, Toronto C07

$599,000
23 Lorraine Drive 1809

$599,000

New
9d
Condo ApartmentApartment

23 Lorraine Drive 1809, Toronto C07

Total Monthly Obligation $3,554

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
9d
Score
18
Yield
5.7%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-C14031758
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,869.74 (2026)
Maintenance-$698.72/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY YMSL REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Willowdale West
Title-Residential Condo & Other

No agent assigned

Welcome to Symphony Square! Ideally located in the prime Yonge & Finch neighbourhood, this bright, west-facing 2-bedroom plus den, 2-full-bathroom suite offers approximately 852 sq. ft. of functional living space. Enjoy expansive floor-to-ceiling windows, sleek laminate flooring, modern stainless steel kitchen appliances, and an open balcony with beautiful west-facing views. One parking space and one storage locker are included in the purchase price. Maintenance fees cover all utilities, offering added convenience and value. Residents enjoy premium amenities, including 24-hour concierge, indoor swimming pool, fully equipped gym, and visitor parking. Unbeatable location just steps to Finch Subway Station and bus terminal, top rated schools, parks, restaurants, cafés, and shopping. An ideal home for a couple or small family seeking comfort, convenience, and urban living in the heart of North York!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,554/mo
Mortgage $2,416
Monthly Loss $2,918
Principal$636
Interest$1,780
Property Tax$239
Condo Fees$699
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,924/yr
NOI
$16,877/yr
Net Cash Flow
-$1,010/mo
Cash Margin
-35.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 23 Lorraine Drive 1809

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.