15 Zorra Street Unit 209, Toronto W08

Price: $649,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13034538

Imagine a home that feels like a private sanctuary, where the bustle of the city fades the moment you step through a long, private entrance hallway designed specifically to act as a quiet buffer from the world outside. This condo is a rare split-bedroom layout that ensures maximum privacy, featuring a primary suite large enough for a King-size bed and a second bedroom that comfortably fits a Queen, making it the perfect high-end home office or a bedroom for your roommate or teenager. Every room is bathed in natural light thanks to expansive floor-to-ceiling windows that perfectly frame your surroundings and invite the outdoors in. The true showstopper is the massive 500-square-foot wraparound balcony. This is your personal "private acreage in the city," a rare luxury that is nearly impossible to find elsewhere. Picture yourself hosting an unforgettable Saturday dinner party under the stars, sipping wine as the sun sets, or spending a lazy Sunday afternoon in a hammock. This outdoor oasis is where your best memories will be made. Living here means belonging to an exclusive community with a full resort experience located just one floor above you. You can spend your mornings at the infinity pool, recharge in the sauna, or hit the gym without ever needing to use the elevator. With Longos just a two-minute walk away and seamless access to major transit and the highway, you are perfectly connected to everything the city offers while remaining tucked away at the end of a quiet hall for maximum peace. This is more than just a place to live; it is a unique opportunity to secure a lifestyle that combines space, style, and the ultimate outdoor terrace

15 Zorra Street Unit 209 - Condo photo 1 of 34 in Etobicoke (Islington / Rexdale), Ontario
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$649,900 - 15 Zorra Street Unit 209, Etobicoke

Condo for Sale in Etobicoke

56 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13034538
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Imagine a home that feels like a private sanctuary, where the bustle of the city fades the moment you step through a long, private entrance hallway designed specifically to act as a quiet buffer from the world outside. This condo is a rare split-bedroom layout that ensures maximum privacy, featuring a primary suite large enough for a King-size bed and a second bedroom that comfortably fits a Queen, making it the perfect high-end home office or a bedroom for your roommate or teenager. Every room is bathed in natural light thanks to expansive floor-to-ceiling windows that perfectly frame your surroundings and invite the outdoors in. The true showstopper is the massive 500-square-foot wraparound balcony. This is your personal "private acreage in the city," a rare luxury that is nearly impossible to find elsewhere. Picture yourself hosting an unforgettable Saturday dinner party under the stars, sipping wine as the sun sets, or spending a lazy Sunday afternoon in a hammock. This outdoor oasis is where your best memories will be made. Living here means belonging to an exclusive community with a full resort experience located just one floor above you. You can spend your mornings at the infinity pool, recharge in the sauna, or hit the gym without ever needing to use the elevator. With Longos just a two-minute walk away and seamless access to major transit and the highway, you are perfectly connected to everything the city offers while remaining tucked away at the end of a quiet hall for maximum peace. This is more than just a place to live; it is a unique opportunity to secure a lifestyle that combines space, style, and the ultimate outdoor terrace

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

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5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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 209, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,150

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 $928/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.

Negotiation Opportunity

At 56 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 700 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 $2,708 (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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    15 Zorra Street Unit 209 | $649,900 | Battaglia Team