3008-36 ZORRA Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13139388

$1,600/mo
For Lease
Listed 65 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

READ DESCRIPTION!~**SHORT & MID TERM RENTAL** ~WEEKLY $1,600 ~MONTHLY $5,500 l ~ Not shared ~ Experience the epitome of luxury living in Central Etobicoke's vibrant Queensway with this Brand New FULLY FURNISHED High floor 3bedroom 2-bathroom condo with one EV parking ~ This modern space exudes comfort, promising a delightful stay ~ Embrace a world of amenities ~from the full modern kitchen~ to the arcade games and recreational room for leisure. ~The highlight is our rooftop oasis ~ a mesmerizing retreat featuring a luxurious pool, cabana lounges, BBQ areas, and inviting fire pits against a backdrop of breathtaking city views. ~ Remote workers and hustlers will appreciate the dedicated co-working spaces, blending productivity with comfort. ~Amidst the city's hustle, find your sanctuary here, don't miss on this opportunity to experience a place that offers luxury w/ functionality! ~

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13139388
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
The Queensway & Islington Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Exposure
South East
Days on market
65
Listing brokerage
AVION REALTY INC.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

Its public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$3,265avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

909-1007 THE QUEENSWAY Avenue$3,175514-1007 The Queensway$3,3001528-5 Mabelle Avenue$3,200207-3 MICHAEL POWER Place$3,2002304-60 Central Park Roadway$3,450

The 5 closest active listings nearby.

See all comparable homes
1,600This home3,1753,3003,2003,2003,450This home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $3K
30active listings nearby
65days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Islington-City Centre West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$2K
Niagara
$4K
Bay Street Corridor
$2K
Waterfront Communities C1
$3K
Annex
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Castlebar Junior School
82%
Castlebar Junior SchoolPublic · Elementary · 1.4 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$7/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $7Property tax $1Total carry $8

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7per month

Mortgage amount $1,280 · 4.14% over 25 years

$320Down payment (20.0%)
$1,280Loan before insurance
$0CMHC premium
$8Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8
Toronto municipal land transfer tax
$8
Estimated closing costs
$16

Plus your down payment of $320. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$769Total interest paid
$2,049Total of all payments
Principal $1,280 Interest $769
YearPrincipalInterestBalance
1$30$52$1,250
2$31$51$1,219
3$33$49$1,186
4$34$48$1,152
5$35$47$1,117
6$37$45$1,080
7$38$44$1,042
8$40$42$1,002
9$42$40$960
10$43$39$917
11$45$37$872
12$47$35$825
13$49$33$776
14$51$31$725
15$53$29$671
16$55$27$616
17$58$24$558
18$60$22$498
19$63$19$435
20$65$17$370
21$68$14$302
22$71$11$231
23$74$8$157
24$77$5$80
25$80$2$0

At the end of your 5-year term

Total paid over the term
$410
Principal paid down
$163
Interest paid
$247
Balance remaining
$1,117

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AVION REALTY INC.. MLS®/PropTx.

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