$699,000 - 36 Zorra Street Unit 1509, Etobicoke
Condo for Sale in Etobicoke
141 days on market- MLS Number
- W12479887
- Property Type
- Condo
- Status
- active
- Days on Site
- 141
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Experience refined luxury living at 36 Zorra Street, where contemporary design meets everyday comfort. This stunning corner suite showcases unobstructed lake and sunset views from every room, offering a sophisticated retreat in the heart of Etobicoke. Thoughtfully upgraded and meticulously maintained, this 2+1 bedroom, 2-bath residence includes a premium parking space and features over 800 sq ft of interior living space, complemented by a wrap-around 300 sq ft balcony-ideal for sunset cocktails or morning coffee above the city skyline.The intelligently designed open-concept layout maximizes functionality without compromising style. Floor-to-ceiling windows bathe every room in natural light, while smooth cabinetry, sleek black fixtures, and elegant finishes create a cohesive, modern aesthetic. Both bedrooms are generously sized, and the spacious den offers a versatile space-perfect for a home office, studio, or guest area. Every inch of this suite reflects thoughtful design and understated elegance.Residents enjoy access to over 9,500 sq ft of resort-style amenities, including a 7th-floor rooftop pool with cabanas, BBQ and fire pit areas, a state-of-the-art gym, yoga studio, sauna, kids' club, hobby room, arcade, and multiple entertainment lounges. Additional conveniences include 24-hour security, guest suites, and a private resident shuttle to Kipling subway station for seamless downtown access.Ideally located in The Queensway, one of Etobicoke's most dynamic neighbourhoods, you'll love the walkability to restaurants, cafes, Sherway Gardens, and the ease of major highway access.A perfect blend of luxury, location, and lifestyle-this residence redefines elevated urban living at 36 Zorra.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
5-yr fixed avg.
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.
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
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.
36 Zorra Street Unit 1509, Etobicoke (Islington / Rexdale)
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $874/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 141 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 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 $2,913 (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.