2202-36 Zorra Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13147378

$499,999
For Sale
Listed 64 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome To Thirty Six Zorra, Where Modern Design Meets Elevated Living. This Stunning 1 + DenSuite On The 22nd Floor Features 9 Ft Ceilings And Breathtaking, Unobstructed West Facing ViewsOf The City Skyline And Lake Ontario. Enjoy Premium Amenities Including A Rooftop Pool AndDeck, Sauna, Fitness Centre, Outdoor BBQ Areas, Games Room, Guest Suites, And 24/7 Concierge.Conveniently Located With Quick Access To The Gardiner Expressway, Hwy 427, QEW, PearsonAirport, GO Transit, And A Complimentary Shuttle Bus To Kipling Station. Surrounded ByShopping, Dining, Parks, And Everyday Conveniences Including Sherway Gardens And IKEA. An Excellent Opportunity To Own In A Prime Location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13147378
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
The Queensway & Islington Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$365/mo
Exposure
West
Property tax
$2,164 / 2025
Days on market
64
Listing brokerage
CIRCLE REAL ESTATE
Our TakeTeam Asgarian · Broker
Above comparables
$449Kest. value

Listed at $499,999, and my independent estimate is about 11% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$415KGreat deal$500KOverpriced

Total price vs nearby homes. Fair value about $449K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $394K, a bit lower.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

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

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$477kavg asking

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

1104-225 Sherway Gardens Road$500k1609-235 Sherway Gardens Road$480k3206-36 Zorra Street$470k606-1 Michael Power Place$495k3402-36 Zorra Street$440k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home500k480k470k495k440kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $475K
$910this home / sqft
53active listings nearby
64days on market
95sold nearby · 90 days
$529Kmedian sold price
96%of asking, on average

This home lists 18% above the area average of $771/sqft.

63 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Mimico
$541K
Niagara
$572K
Waterfront Communities C1
$604K
Bay Street Corridor
$560K
Church-Yonge Corridor
$598K

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
$2,279/mo
$103KIncome needed
4.9×Price ÷ income
$526Weekly 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.

81%mortgage
Mortgage $2,279Property tax $180Condo fee $365Total carry $2,824

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,135per month

Mortgage amount $399,999 · 4.14% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$2,680Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,135
Property tax
$180
Condo / maintenance fees
$365
Heating
$0
Estimated monthly cost
$2,680

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

One-time closing costs

Ontario land transfer tax
$6,475
Toronto municipal land transfer tax
$6,475
Estimated closing costs
$12,950

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,593/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

$240,364Total interest paid
$640,363Total of all payments
Principal $399,999 Interest $240,364
YearPrincipalInterestBalance
1$9,371$16,244$390,629
2$9,763$15,852$380,866
3$10,171$15,444$370,695
4$10,596$15,018$360,099
5$11,040$14,575$349,059
6$11,501$14,113$337,558
7$11,982$13,632$325,575
8$12,484$13,131$313,092
9$13,006$12,609$300,086
10$13,550$12,065$286,536
11$14,117$11,498$272,420
12$14,707$10,907$257,713
13$15,322$10,292$242,390
14$15,963$9,651$226,427
15$16,631$8,984$209,796
16$17,327$8,288$192,470
17$18,051$7,563$174,419
18$18,806$6,808$155,612
19$19,593$6,022$136,019
20$20,412$5,202$115,607
21$21,266$4,348$94,341
22$22,156$3,459$72,185
23$23,083$2,532$49,102
24$24,048$1,566$25,054
25$25,054$561$0

At the end of your 5-year term

Total paid over the term
$128,073
Principal paid down
$50,940
Interest paid
$77,133
Balance remaining
$349,059

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.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
2.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.1%
Gross yield
− Property tax $2,164− Condo fees $4,376− Insurance $600− Vacancy & upkeep $2,244Net operating income $11,016

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CIRCLE REAL ESTATE. MLS®/PropTx.

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