3206-36 Zorra Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13593458

$469,900
For Sale
Listed 1 day ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Welcome to Thirty Six Zorra Condos At The Queensway . This unit offers a blend of modern design, craftsmanship, and unrivaled convenience. Includes one parking spot. $$$ in Upgrades with Fantastic Finishes, Perfect Floor Plan And Amazing over sized balcony over looking the city. Transit, Highways, Shopping, Dining And Entertainment Are All Right At Your Doorstep. Beautifully Designed 36-Storey Building With Over 9,500 Sqft Of Amenity Space Including A Gym, Party Room, Concierge, Outdoor Pool, Guest Suites, Direct Shuttle Bus To Subway Station, Kids Room, Pet Wash, Rec Room, Co-Working Space & Much More. EV Parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13593458
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
KIPLING AVE/THE QUEENSWAY
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$393/mo
Exposure
East
Property tax
$2,450 / 2025
Days on market
1
Listing brokerage
RE/MAX PARAMOUNT REALTY

Rooms

DenMain2.13 × 2.13 m
Living RoomMain6.09 × 3.35 m

combined w/dining · open concept · w/o to balcony

Primary BedroomMain2.80 × 0.00 m

Closet

Dining RoomMain6.09 × 3.35 m

combined w/living · open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
Above comparables
$433Kest. value

Listed at $469,900, and my independent estimate is about 8% above what comparable homes suggest.

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

List price
$410KGreat deal$470KOverpriced

Total price vs nearby homes. Fair value about $433K, median of 57 comparables.

How this estimate is builtthe short version

I take the 57 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 $489K, a bit higher.

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 57 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$464kavg asking

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

1609-235 Sherway Gardens Road$480k3402-36 Zorra Street$440k1104-225 Sherway Gardens Road$500k708-235 Sherway Gardens Road$430kPH06-15 Michael Power Place$470k

The 5 closest of 8 active listings nearby.

See all comparable homes
470kThis home480k440k500k430k470kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $480K
$855this home / sqft
52active listings nearby
1days on market
95sold nearby · 90 days
$529Kmedian sold price
96%of asking, on average

This home lists 11% above the area average of $771/sqft.

0 days faster 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
$578K

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
$2,142/mo
$99KIncome needed
4.7×Price ÷ income
$494Weekly 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.

78%mortgage
Mortgage $2,142Property tax $204Condo fee $393Total carry $2,739

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)
$2,006per month

Mortgage amount $375,920 · 4.14% over 25 years

$93,980Down payment (20.0%)
$375,920Loan before insurance
$0CMHC premium
$2,603Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,006
Property tax
$204
Condo / maintenance fees
$393
Heating
$0
Estimated monthly cost
$2,603

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

One-time closing costs

Ontario land transfer tax
$5,873
Toronto municipal land transfer tax
$5,873
Estimated closing costs
$11,746

Plus your down payment of $93,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,437/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

$225,895Total interest paid
$601,815Total of all payments
Principal $375,920 Interest $225,895
YearPrincipalInterestBalance
1$8,807$15,266$367,113
2$9,175$14,898$357,939
3$9,559$14,514$348,380
4$9,958$14,114$338,422
5$10,375$13,698$328,046
6$10,809$13,264$317,238
7$11,261$12,811$305,976
8$11,732$12,340$294,244
9$12,223$11,850$282,021
10$12,734$11,338$269,287
11$13,267$10,806$256,020
12$13,822$10,251$242,199
13$14,400$9,673$227,799
14$15,002$9,070$212,797
15$15,630$8,443$197,167
16$16,283$7,789$180,883
17$16,965$7,108$163,919
18$17,674$6,398$146,245
19$18,413$5,659$127,831
20$19,184$4,889$108,648
21$19,986$4,086$88,661
22$20,822$3,250$67,839
23$21,693$2,380$46,146
24$22,600$1,472$23,546
25$23,546$527$0

At the end of your 5-year term

Total paid over the term
$120,363
Principal paid down
$47,874
Interest paid
$72,489
Balance remaining
$328,046

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.

4.3%
Gross yield
− Property tax $2,450− Condo fees $4,713− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,393

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

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