611-36 Zorra Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13859516

$679,999
For Sale
Listed 15 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Discover modern living in this stunning, brand-new 3-bedroom, 2-bathroom suite in the heart of Central Etobicoke.
  • Featuring an open-concept layout, high ceilings, and expansive windows, this beautifully finished condo is filled with natural light and offers panoramic views.
  • The kitchen, designed by U31 Interiors, features built-in appliances and sleek, soft-close cabinetry, combining contemporary style with everyday functionality.
  • Enjoy exceptional amenities, including a fitness room, outdoor pool with cabanas, games room, co-working lounge, party room, and rooftop terrace.
  • Conveniently located close to public transit, Sherway Gardens, restaurants, parks, and entertainment, this suite offers the perfect blend of comfort and convenience.

Discover modern living in this stunning, brand-new 3-bedroom, 2-bathroom suite in the heart of Central Etobicoke. Featuring an open-concept layout, high ceilings, and expansive windows, this beautifully finished condo is filled with natural light and offers panoramic views. The kitchen, designed by U31 Interiors, features built-in appliances and sleek, soft-close cabinetry, combining contemporary style with everyday functionality. Enjoy exceptional amenities, including a fitness room, outdoor pool with cabanas, games room, co-working lounge, party room, and rooftop terrace. Conveniently located close to public transit, Sherway Gardens, restaurants, parks, and entertainment, this suite offers the perfect blend of comfort and convenience. Be among the first to call this vibrant new community home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13859516
Bedrooms
3
Bathrooms
2
Size
900-999 sq ft
Cross streets
The Queensway & Islington Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$665/mo
Exposure
North West
Days on market
15
Listing brokerage
P2 REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$662Klikely sale price

Listed at $679,999 with no offer date. Going by how homes here have actually closed against their asks, the likely sale price is $662K, typically $624K to $716K. Comparable closings on their own put this home around $593K, about 13% below the ask.

List price
$624KBelow recent closings$716KAbove recent closings

Total price vs nearby homes. Likely closing about $662K, 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
15days on market so far
$3,097/moest. rent · 5 leases
5.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 37 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 $716/sqft against an area asking average of $700/sqft.

How this estimate is builtthe short version

I take the 91 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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.

What the listing highlights4 points 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($716/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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
$684kavg 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 $720/sqft; this home lists at $716/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
680kThis home660k647k695k700k719kThis 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
$667K

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
$3,099/mo
$148KIncome needed
4.6×Price ÷ income
$715Weekly cost
$20,150Land 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.

74%mortgage
Mortgage $3,099Estimated property tax $425Condo fee $665Total carry $4,190

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)
$3,008per month

Mortgage amount $543,999 · 4.49% over 25 years

$136,000Down payment (20.0%)
$543,999Loan before insurance
$0CMHC premium
$4,098Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,008
Estimated property tax
$425
Condo / maintenance fees
$665
Heating
$0
Estimated monthly cost
$4,098

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

One-time closing costs

Ontario land transfer tax
$10,075
Toronto municipal land transfer tax
$10,075
Estimated closing costs
$20,150

Plus your down payment of $136,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,641/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

$358,360Total interest paid
$902,359Total of all payments
Principal $543,999 Interest $358,360
YearPrincipalInterestBalance
1$12,140$23,955$531,859
2$12,691$23,403$519,169
3$13,267$22,827$505,901
4$13,870$22,225$492,032
5$14,499$21,595$477,533
6$15,158$20,937$462,375
7$15,846$20,249$446,529
8$16,565$19,529$429,964
9$17,317$18,777$412,646
10$18,104$17,991$394,543
11$18,926$17,169$375,617
12$19,785$16,309$355,832
13$20,683$15,411$335,149
14$21,622$14,472$313,526
15$22,604$13,490$290,922
16$23,630$12,464$267,292
17$24,703$11,391$242,588
18$25,825$10,269$216,763
19$26,998$9,097$189,766
20$28,223$7,871$161,543
21$29,505$6,590$132,038
22$30,844$5,250$101,193
23$32,245$3,849$68,948
24$33,709$2,385$35,239
25$35,239$855$0

At the end of your 5-year term

Total paid over the term
$180,472
Principal paid down
$66,467
Interest paid
$114,005
Balance remaining
$477,533

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$3,097/mo
$37,164Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,725 to $3,469Typical 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 $3,097. 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.

5.5%
Gross yield
− Property tax $4,760− Condo fees $7,985− Insurance $600− Vacancy & upkeep $4,088Net operating income $19,731

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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