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    23 Lorraine Drive

    Symphony Square Condos
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    4for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    21
    Number of Units:
    317
    Condo Completion:
    2000
    Condo Demand:
    High
    Unit Size Range:
    540 - 3,300 SQFT
    Unit Availability:
    Medium

    Listing History for Symphony Square Condos

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    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 23 Lorraine DriveSymphony Square Condos

    Symphony Square Condos was completed in 2000 by Ghods Builders Inc.. While some buyers associate high maintenance fees with older buildings, maintenance fees at 23 Lorraine Drive are only $0.64 per-square-foot. These Willowdale condos for sale offer floor plans that are more spacious than most modern condos; there are 317 suites in this 21-storey residence, and units range from 540 square feet to 3300 square feet.

    This condo has an excellent Walk Score of 92 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.64 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 23 Lorraine Drive: 16 units have been sold in the past 12 months, and 20 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $799 and units tend to sell for -1.46% below the list price. Units at 23 Lorraine Drive have a medium probability of receiving more than one offer. On average, a suite will spend 16 days on the market.

    The Neighbourhood

    This is a great choice for foodies — with restaurants like Kayagum Restaurant, Huh Ga Ne and Subway 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, Mr.Sun and Hi Art School Toronto 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.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Lorraine Drive Park, Olive Square Park and Olive Square are less than 4 minutes walking distance from 23 Lorraine Drive.

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

    If you’re tired of the usual neighbourhood attractions, then perhaps having GallerySunami, Gibson House Museum and Irena Art Gallery less than a 3-minute drive away will give you a lift. Cineplex Cinemas Empress Walk is just a short drive away for movie nights.

    There are plenty of nearby school choices — McKee Public School, Churchill Public School and Yorkview Public School — with more in neighbouring areas so you can find the best school for your child’s needs. This location is a great choice for families who are seeking top-notch educational institutions like Jonas High School, Horizons Secondary School and Fun with Langugaes Kids Learning Program.

    Transportation

    Residents have transit options in the Willowdale neighbourhood; A light transit stop at Yonge St. @ Kempford Blvd. can carry you to your destination in no time at all. Transit riders will love living just 0 minutes from Finch Station.

    Curious about similar condos in the area? Check out 5508 Yonge Street, 503 Beecroft Road and 5500 Yonge Street — all within walking distance.

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    Explore Willowdale

    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
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    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

    Symphony Square Condos vs The Willowdale Area

    Days on Strata

    Units at Symphony Square Condos spend an average of
    16
    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
    4.7
    YEARS before being sold again

    Property Value

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

    Price Ranking

    59th
    Highest price per SQFT out of 109 condos in the Willowdale area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 23 Lorraine Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$505,000 - $700,000$730,000 - $767,500$672,000 - $925,000No Data$1,045,000
    Avg. Cost Per SqftNo Data$858$728$828No Data$756
    Avg. Wait for Unit AvailabilityNo Data419 Days108 Days45 Days177 Days1419 Days
    Ratio of Units in Building2%7%28%51%11%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Willowdale