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.
3 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $683 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 7 Lorraine Dr #MPH07
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
7 Lorraine Dr #MPH07 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13680270$820,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Lorraine Dr #MPH07 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,028
/mo
based on the purchase price of $820,000
$164,000 cash
$656,000 financed
$552,524 total interest
Principal54%$656,000
Interest46%$552,524
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2-bed homes for sale in Toronto around $820K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,316Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 2 for rent at 7 Lorraine Dr — plus its sale and lease history.
7 Lorraine Dr #MPH07 is listed at $820,000 (MLS® C13680270). Summitly updates the price as soon as the MLS® record changes.
Is $820,000 a good price for 7 Lorraine Dr #MPH07?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7 Lorraine Dr #MPH07 changed?
No — 7 Lorraine Dr #MPH07 is still listed at its original asking price of $820,000.
How many bedrooms and bathrooms does 7 Lorraine Dr #MPH07 have?
7 Lorraine Dr #MPH07 has 3 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.
Is 7 Lorraine Dr #MPH07 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 300 m (about a 4-minute walk) in a straight line. North York Centre Station is about 1.2 km (about a 15-minute walk), and Sheppard-Yonge Station is about 2.0 km (about a 25-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7 Lorraine Dr #MPH07?
About $4,028 a month — principal and interest on $820,000 with 20% down ($164,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7 Lorraine Dr #MPH07 compare with other homes in Toronto?
Its asking price of $820,000 is about 3% below the median sold price in Toronto over the last 90 days, $849,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7 Lorraine Dr #MPH07 been sold before?
Summitly has no earlier MLS® sale or lease of 7 Lorraine Dr #MPH07 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Lorraine Dr #MPH07?
7 Lorraine Dr #MPH07 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Lorraine Dr #MPH07 been on the market?
61 days — 7 Lorraine Dr #MPH07 was listed on August 15, 2026.
What is the price per square foot of 7 Lorraine Dr #MPH07?
About $586 to $683 per square foot: the asking price of $820,000 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 7 Lorraine Dr #MPH07 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
