15 Zorra Street Unit 1807, Toronto W08

Price: $649,900

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13694114

Welcome to 15 Zorra St #1807, a bright and spacious 2 bedroom+den, 2 full bath condo in the heart of Etobicoke. It has 830sqft Interior and 118 sqft exterior balcony, offering a functional split bedroom layout with plenty of space for comfortable living, working from home, or entertaining. This beautiful unit boasts luxury finishes like Stainless Steel Appliances, Custom Blackout blinds, and Wainscoting in the Living Room and Primary Bedroom. This suite is an excellent opportunity for first-time buyers, downsizers, professionals or investors. Enjoy the convenience of having everything you need close by. Grocery stores, shopping, restaurants, banks, IKEA, Cineplex Movie Theatre, and major retail amenities are all within easy reach. Commuters will appreciate the easy access to Kipling and Islington subway stations- less than 10 mins away, as well as bus transit, major highways including the Gardiner Expressway, QEW and Highway 427. The area also offers convenient access to Sherway Gardens Shopping Centre and a wide variety of shops, dining, and entertainment options. Convenient City Living, less than 20 mins from downtown Toronto. A fantastic Etobicoke location that combines space, convenience and connectivity, with an abundance of everyday amenities right at your doorstep.

15 Zorra Street Unit 1807 - Condo photo 1 of 34 in Etobicoke (Islington / Rexdale), Ontario
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active

$649,900 - 15 Zorra Street Unit 1807, Etobicoke

Condo for Sale in Etobicoke

49 days on market

Neighbourhood: Islington-City Centre West

3Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
W13694114
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$2,808
Maintenance Fees
$722/mo
Locker
Owned
Exposure
South West
Balcony
Enclosed
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 15 Zorra St #1807, a bright and spacious 2 bedroom+den, 2 full bath condo in the heart of Etobicoke. It has 830sqft Interior and 118 sqft exterior balcony, offering a functional split bedroom layout with plenty of space for comfortable living, working from home, or entertaining. This beautiful unit boasts luxury finishes like Stainless Steel Appliances, Custom Blackout blinds, and Wainscoting in the Living Room and Primary Bedroom. This suite is an excellent opportunity for first-time buyers, downsizers, professionals or investors. Enjoy the convenience of having everything you need close by. Grocery stores, shopping, restaurants, banks, IKEA, Cineplex Movie Theatre, and major retail amenities are all within easy reach. Commuters will appreciate the easy access to Kipling and Islington subway stations- less than 10 mins away, as well as bus transit, major highways including the Gardiner Expressway, QEW and Highway 427. The area also offers convenient access to Sherway Gardens Shopping Centre and a wide variety of shops, dining, and entertainment options. Convenient City Living, less than 20 mins from downtown Toronto. A fantastic Etobicoke location that combines space, convenience and connectivity, with an abundance of everyday amenities right at your doorstep.

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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: Islington-City Centre West

Discover Islington-City Centre West

Islington-City Centre West 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 Islington-City Centre West

  • •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

Islington-City Centre West 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 1807, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$722
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,283

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 $812/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 49 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. The $722/month fees should cover building insurance, common elements, and reserve contributions.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Islington-City Centre West

I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    15 Zorra Street Unit 1807 | $649,900 | Battaglia Team