15 Zorra Street Unit #1907, Toronto W08

Price: $710,800

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13434940

Welcome Home to this absolutely stunning 2 Bed 2 Bath located in a highly coveted Etobicoke neighbourhood. A rare split bedroom layout with South & West facing views of the lake & skyline! The floor to ceiling windows invite the natural light and stars at night! A chef's kitchen overlooks the living & dining areas - perfect for entertaining! There is no unit that offers this value in the neighbourhood! Looking to relax after a long day? A full resort experience featuring an infinity pool, sauna, gym at your convenience! A lifestyle like no other! Shopping? Longos is a 2 minute walk as well as Transit and Major Highways! A must see corner unit! Shows 10+++

15 Zorra Street Unit #1907 - Condo photo 1 of 30 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$710,800 - 15 Zorra Street Unit #1907, Etobicoke

Condo for Sale in Etobicoke

New — Listed 2 days ago
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13434940
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

Welcome Home to this absolutely stunning 2 Bed 2 Bath located in a highly coveted Etobicoke neighbourhood. A rare split bedroom layout with South & West facing views of the lake & skyline! The floor to ceiling windows invite the natural light and stars at night! A chef's kitchen overlooks the living & dining areas - perfect for entertaining! There is no unit that offers this value in the neighbourhood! Looking to relax after a long day? A full resort experience featuring an infinity pool, sauna, gym at your convenience! A lifestyle like no other! Shopping? Longos is a 2 minute walk as well as Transit and Major Highways! A must see corner unit! Shows 10+++

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,646.77/mo

Includes CMHC insurance ($19,831)

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5-yr fixed avg.

Principal: $639,720Interest: $434,480
Mortgage Amount$659,551
Total Interest$434,480
Est. Property Tax$503/mo
Total Cost$1,094,032

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Etobicoke (Islington / Rexdale)

  • Convenient location in Etobicoke (Islington / Rexdale)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

15 Zorra Street Unit #1907, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$503
Insurance (est.)-$148
Net Cash Flow+$1,029

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $889/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,962 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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