15 Zorra Street Unit 2202, Toronto W08

Price: $574,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13436370

Bright Delight! The 2 bedroom corner unit you've been waiting for in the heart of South Etobicoke! 15 Zorra Street Suite 2202 offers stylish condo living with beautiful lake views, incredible natural light, and a functional layout designed for everyday living. This bright and airy 2 bedroom, 2 bathroom corner suite offers 735 sq.ft. with North, East, and South exposures, creating sunlight throughout the entire space.The open concept kitchen, living, and dining area flow seamlessly together with calming water views and a peaceful atmosphere that instantly feels like home. Floor-to-ceiling windows and the corner layout make this suite feel bright, open, and inviting from every angle. The spacious primary bedroom features generous closet space and a private ensuite bathroom. The second bedroom, complete with corner windows, is filled with natural light and works perfectly for guests, a home office, or growing families. Step outside onto your private balcony and enjoy fresh air along with beautiful open lake views. Residents enjoy access to excellent amenities including a fitness centre, indoor pool, hot tub, sauna, theatre room, music room, games room, lounge/party rooms, outdoor terrace with BBQs, 24 hour concierge, and tons of visitor parking. Located just off The Queensway, you are minutes to TTC, major highways, Sherway Gardens, grocery stores, cafes, restaurants, pharmacies, parks, and top rated schools nearby perfect for families. Plus, enjoy the added convenience of being just a 2 minute walk to the brand new Longo's plaza. Parking and locker conveniently located on P2, no long ramp drives! A fantastic opportunity to own in one of South Etobicoke's fastest growing communities with easy access to downtown Toronto.

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active
New Listing
1/23

$574,000 - 15 Zorra Street Unit 2202, Etobicoke

Condo for Sale in Etobicoke

New — Listed yesterday
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13436370
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
North East
Balcony
Enclosed
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Bright Delight! The 2 bedroom corner unit you've been waiting for in the heart of South Etobicoke! 15 Zorra Street Suite 2202 offers stylish condo living with beautiful lake views, incredible natural light, and a functional layout designed for everyday living. This bright and airy 2 bedroom, 2 bathroom corner suite offers 735 sq.ft. with North, East, and South exposures, creating sunlight throughout the entire space.The open concept kitchen, living, and dining area flow seamlessly together with calming water views and a peaceful atmosphere that instantly feels like home. Floor-to-ceiling windows and the corner layout make this suite feel bright, open, and inviting from every angle. The spacious primary bedroom features generous closet space and a private ensuite bathroom. The second bedroom, complete with corner windows, is filled with natural light and works perfectly for guests, a home office, or growing families. Step outside onto your private balcony and enjoy fresh air along with beautiful open lake views. Residents enjoy access to excellent amenities including a fitness centre, indoor pool, hot tub, sauna, theatre room, music room, games room, lounge/party rooms, outdoor terrace with BBQs, 24 hour concierge, and tons of visitor parking. Located just off The Queensway, you are minutes to TTC, major highways, Sherway Gardens, grocery stores, cafes, restaurants, pharmacies, parks, and top rated schools nearby perfect for families. Plus, enjoy the added convenience of being just a 2 minute walk to the brand new Longo's plaza. Parking and locker conveniently located on P2, no long ramp drives! A fantastic opportunity to own in one of South Etobicoke's fastest growing communities with easy access to downtown Toronto.

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Estimated Payment

$2,944.92/mo

Includes CMHC insurance ($16,015)

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5-yr fixed avg.

Principal: $516,600Interest: $350,861
Mortgage Amount$532,615
Total Interest$350,861
Est. Property Tax$407/mo
Total Cost$883,475

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 2202, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,218

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 $820/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 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 $2,392 (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 2202, Etob… — $574,000 | Battaglia Team