627-36 Zorra Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13859526

$439,999
For Sale
Listed 15 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • This 2 bedroom 2 bathroom unit features clean, modern contemporary design, high-end finishes, and top-of-the-line amenities.
  • The open-concept layout, high ceilings, and expansive windows facing South, provide unobstructed lake views and allow natural light to flood the space all day.
  • The interiors are designed by U31, who thoughtfully curated special features such as built in appliances and sleek cabinetry with soft-close drawers in the kitchen.
  • Enjoy amenities that include a fitness room, outdoor pool and cabanas, games room, co-working lounge, party room, and roof terrace.

This 2 bedroom 2 bathroom unit features clean, modern contemporary design, high-end finishes, and top-of-the-line amenities. The open-concept layout, high ceilings, and expansive windows facing South, provide unobstructed lake views and allow natural light to flood the space all day. The interiors are designed by U31, who thoughtfully curated special features such as built in appliances and sleek cabinetry with soft-close drawers in the kitchen. Enjoy amenities that include a fitness room, outdoor pool and cabanas, games room, co-working lounge, party room, and roof terrace. This prime location provides easy access to public transportation, Sherway Gardens shopping, local dining experiences, numerous parks, and entertainment. Be the first to enjoy this vibrant new condo in the heart of Central Etobicoke!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13859526
Bedrooms
2
Bathrooms
2
Size
500-599 sq ft
Cross streets
The Queensway & Islington Ave
Parking
1 garage (underground)
Basement
Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$409/mo
Exposure
South
Days on market
15
Listing brokerage
P2 REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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

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.

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
$2,005/mo
$97KIncome needed
4.5×Price ÷ income
$463Weekly cost
$10,550Land 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.

75%mortgage
Mortgage $2,005Estimated property tax $275Condo fee $409Total carry $2,689

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)
$1,946per month

Mortgage amount $351,999 · 4.49% over 25 years

$88,000Down payment (20.0%)
$351,999Loan before insurance
$0CMHC premium
$2,630Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,946
Estimated property tax
$275
Condo / maintenance fees
$409
Heating
$0
Estimated monthly cost
$2,630

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

One-time closing costs

Ontario land transfer tax
$5,275
Toronto municipal land transfer tax
$5,275
Estimated closing costs
$10,550

Plus your down payment of $88,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,356/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

$231,880Total interest paid
$583,879Total of all payments
Principal $351,999 Interest $231,880
YearPrincipalInterestBalance
1$7,855$15,500$344,144
2$8,212$15,143$335,932
3$8,585$14,771$327,348
4$8,974$14,381$318,373
5$9,382$13,973$308,991
6$9,808$13,547$299,184
7$10,253$13,102$288,930
8$10,719$12,636$278,212
9$11,205$12,150$267,006
10$11,714$11,641$255,292
11$12,246$11,109$243,046
12$12,802$10,553$230,244
13$13,383$9,972$216,861
14$13,991$9,364$202,870
15$14,626$8,729$188,244
16$15,290$8,065$172,953
17$15,985$7,371$156,969
18$16,710$6,645$140,259
19$17,469$5,886$122,790
20$18,262$5,093$104,527
21$19,091$4,264$85,436
22$19,958$3,397$65,478
23$20,864$2,491$44,614
24$21,812$1,544$22,802
25$22,802$553$0

At the end of your 5-year term

Total paid over the term
$116,776
Principal paid down
$43,008
Interest paid
$73,768
Balance remaining
$308,991

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%Cap rate after taxes and upkeep

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.

4.6%
Gross yield
− Property tax $3,080− Condo fees $4,904− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,572

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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