2609-36 Zorra Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13830468

$599,999
For Sale
Listed 24 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this exceptional brand-new corner residence offering modern finishes, impressive ceiling heights, and an abundance of natural light through expansive windows.
  • The beautifully designed U31 Interiors kitchen features integrated appliances, contemporary cabinetry, and soft-close drawers for a sleek, polished look.
  • Residents can enjoy an outstanding collection of amenities, including a fitness centre, outdoor pool, games room, co-working lounge, party room, and rooftop terrace.

Welcome to this exceptional brand-new corner residence offering modern finishes, impressive ceiling heights, and an abundance of natural light through expansive windows. The beautifully designed U31 Interiors kitchen features integrated appliances, contemporary cabinetry, and soft-close drawers for a sleek, polished look. A flexible den provides the perfect space for a home office, additional storage, or a functional work area. Step outside onto the spacious wrap-around balcony and take in sweeping views of Central Etobicoke. Residents can enjoy an outstanding collection of amenities, including a fitness centre, outdoor pool, games room, co-working lounge, party room, and rooftop terrace. Ideally situated near Sherway Gardens, restaurants, parks, entertainment, and convenient transit options, this stylish suite offers an incredible combination of comfort, convenience, and modern urban living!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13830468
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
The Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$508/mo
Exposure
South West
Property tax
$3,161 / 2026
Days on market
24
Listing brokerage
P2 REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$584Klikely sale price

Listed at $599,999. Going by how homes in Islington-City Centre West have actually closed against their asking prices (about 97%, 91 local closings in 90 days), the likely sale price is near $584K, if it sells. A realistic range is $550K to $632K.

Independent value check: $603K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $561K and $634K).

Why $603K. The typical condo sold in Islington-City Centre West over the past year went for about $518K (415 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,161 a year; the typical home sold here pays about $2,400.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$550KBelow recent closings$632KAbove recent closings

Total price vs nearby homes. Likely closing about $584K, from 91 recent closings in this pocket.

The market behind the math:

91sold nearby · 90 days
$501Kmedian sold price
97%of asking, on average
−7%prices vs a year ago
~24 dayshomes like this take to sell
24days on market so far
$2,848/moest. rent · 5 leases
5.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 62 condo apartment homes for sale in the area against 91 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $706/sqft against an area asking average of $723/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 91 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $610K. Condition and finishes remain an in-person call.

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 5 homes sold in this building over the past 15 months, from 500 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$580kavg asking

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

Per square foot, these ask about $701/sqft; this home lists at $706/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k610k569k540k579kThis home vs active comparables

Sold price trend

Median sold price for condos in Islington-City Centre West: $500K in September 2026, down 3% from a year ago, on 400 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$540K40
November 2025$535K36
December 2025$480K25
January 2026$480K19
February 2026$540K34
March 2026$504K32
April 2026$501K40
May 2026$548K26
June 2026$522K50
July 2026$510K30
August 2026$505K31
September 2026$500K37

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.

Markland Wood
$680K
Little Portugal
$549K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$690K
Waterfront Communities C1
$625K

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
Also nearby: 12 more schools within 2.5 km
Norseman Junior Middle School · Public elementary1.7 km · 77% at standard
St Louis Catholic School · Catholic elementary1.8 km · 76% at standard
George R Gauld Junior School · Public elementary1.9 km · 73% at standard
Etobicoke School of the Arts · Public secondary1.9 km · 80% at standard
Lakeshore Collegiate Institute · Public secondary2.0 km · 58% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.1 km · 88% at standard
St Leo Catholic School · Catholic elementary2.1 km · 82% at standard
Lanor Junior Middle School · Public elementary2.2 km · 79% at standard
John English Junior Middle School · Public elementary2.4 km · 73% at standard
Twentieth Street Junior School · Public elementary2.4 km · 70% at standard
Second Street Junior Middle School · Public elementary2.4 km · 69% at standard
The Holy Trinity Catholic School · Catholic elementary2.5 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,735/mo
$126KIncome needed
4.8×Price ÷ income
$631Weekly cost
$16,950Land transfer tax, one-time (Ontario + Toronto)
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 $2,735Property tax $263Condo fee $508Total carry $3,506

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,654per month

Mortgage amount $479,999 · 4.49% over 25 years

$120,000Down payment (20.0%)
$479,999Loan before insurance
$0CMHC premium
$3,425Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$263
Condo / maintenance fees
$508
Heating
$0
Estimated monthly cost
$3,425

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

One-time closing costs

Ontario land transfer tax
$8,475
Toronto municipal land transfer tax
$8,475
Estimated closing costs
$16,950

Plus your down payment of $120,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,200Total interest paid
$796,199Total of all payments
Principal $479,999 Interest $316,200
YearPrincipalInterestBalance
1$10,712$21,136$469,288
2$11,198$20,650$458,090
3$11,706$20,142$446,383
4$12,238$19,610$434,146
5$12,793$19,055$421,352
6$13,374$18,474$407,978
7$13,982$17,866$393,996
8$14,616$17,232$379,380
9$15,280$16,568$364,100
10$15,974$15,874$348,126
11$16,699$15,149$331,427
12$17,457$14,391$313,969
13$18,250$13,598$295,720
14$19,079$12,769$276,641
15$19,945$11,903$256,696
16$20,850$10,998$235,846
17$21,797$10,051$214,049
18$22,787$9,061$191,262
19$23,821$8,027$167,441
20$24,903$6,945$142,538
21$26,034$5,814$116,504
22$27,216$4,632$89,288
23$28,451$3,397$60,837
24$29,743$2,105$31,094
25$31,094$754$0

At the end of your 5-year term

Total paid over the term
$159,240
Principal paid down
$58,647
Interest paid
$100,593
Balance remaining
$421,352

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
From 5 whole-home leases in Islington-City Centre West$2,848/mo
$34,176Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,506 to $3,190Typical rent range
~19 daysTo find a tenant, on average

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

Talk about the numbers

The last 5 whole-home leases in Islington-City Centre West signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,848. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.7%
Gross yield
− Property tax $3,161− Condo fees $6,101− Insurance $600− Vacancy & upkeep $3,759Net operating income $20,554

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of P2 REALTY INC.. MLS®/PropTx.

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