1203-15 Zorra St
Islington-City Centre West, Toronto, Ontario M8Z 0C1
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $890at the range’s middle
- Tax a year
- $1,7492026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 1203-15 Zorra St
1203-15 Zorra St is a 1+1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $489,000 (MLS® W14162272).
Attractive 1 Bedroom + 1 Den Unit at Park Towers Condominiums! Located in Islington-City Centre West. Commuter's Dream having a quick and easy access to transit routes such as TTC Bus Services along the Queensway and easy to reach Kipling Subway Station. Steps away from various restaurants and Longo's Supermarket. Building amenities include 24-hour Concierge Service, Indoor Swimming Pool, Fully Equipped Fitness Centre/Gym, Party Room and Meeting/Games Room, Rooftop deck/garden with outdoor terrace and BBQs. Don't Miss Out on This Opportunity!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even51/100−$243/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 91 condos with 2 bedrooms for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,749 / 2026
- MLS® number
- W14162272
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Microwave, Stainless Steel Dishwasher, Washer, Dryer, All Built-In Shelving, All Existing Window Coverings, All Existing Light Fixtures
- Condo maint.
- $466
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.01 × 3.3 m | Combined W/Dining, Open Concept | Flat |
| Dining | 5.01 × 3.3 m | Combined W/Living, Open Concept | Flat |
| Kitchen | 2.55 × 3.3 m | Combined W/Dining, Open Concept | Flat |
| Br | 3.63 × 3.3 m | Closet, Laminate | Flat |
| Den | 2.55 × 1.98 m | Laminate | Flat |
Listing history
Buy/sell history for 1203-15 Zorra St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $489,000 | N/A | For Sale | W14162272 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $97,800
- Total mortgage amount
- $391,200
- Total interest payment
- $278,100
- Total purchase cost
- $767,100
- Mortgage payment
- $2,231/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
29%Monthly carrying cost
$2,843- Rent $2,600
- Shortfall $243
Rental income opens at $2,600, the median asking rent of 91 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,255
- Toronto municipal land transfer tax
- $6,255
- Total land transfer tax
- $12,510
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,035
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $489,000
- $1,780
- Ontario total
- $6,255
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,255.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
New BuildingClosed
REVISIN 01 re; East Tower Emergency boxes fire rating.Phase II - Proposal to construct two 24 storey apartment building towers with 3 storey connection podium and four (4) levels of underground parking garagewith total of 520 dwelling units (Tower A-228 units, Tower B-292 units) and indoor amenity area.
Issued January 12, 2017
Building Permit Related(MS)Closed
HVAC - Phase II - Proposal to construct two 24 storey apartment building towers with 3 storey connection podium and four (4) levels of underground parking garagewith total of 520 dwelling units (Tower A-228 units, Tower B-292 units) and indoor amenity area.
Issued June 10, 2016
Building Permit Related(PS)Closed
Plumbing - Proposal to construct two 24 storey apartment building towers with 3 storey connection podium and four (4) levels of underground parking garagewith total of 459 dwelling units and indoor amenity area.
Issued September 23, 2015
Building Permit Related (DR)Inspection
Drain - Phase II - Proposal to construct two 24 storey apartment building towers with 3 storey connection podium and four (4) levels of underground parking garagewith total of 520 dwelling units (Tower A-228 units, Tower B-292 units) and indoor amenity area.
Issued September 23, 2015
DemolitionClosed
Proposal to demolish existing detached dwelling currently used as site construction office.
Issued March 31, 2015
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
60 ST LAWRENCE AVEOfficial plan or zoning amendmentOMB Appeal
Proposed amendments to the Official Plan and Etobicoke Zoning Code to permit the development of three residential apartments (26-, 34- and 43-storeys) on a 5-storey podium containing 1,166 residential units and approximately 505 square metres of retail gross floor area (GFA) at-grade. A total of 496 parking spaces are proposed within three levels of underground parking.
150 m away40 ST LAWRENCE AVEOfficial plan or zoning amendmentOMB Appeal
Proposed amendments to the Official Plan and Etobicoke Zoning Code to permit the development of three residential apartments (26-, 34- and 43-storeys) on a 5-storey podium containing 1,166 residential units and approximately 505 square metres of retail gross floor area (GFA) at-grade. A total of 496 parking spaces are proposed within three levels of underground parking.
200 m away1230 THE QUEENSWAYSite planUnder Review
The proposed redevelopment includes a 13-storey mixed-use building containing 175 purpose-built residential rental units with ground floor retail. The development proposes a total gross floor area of 13,341 square metres, consisting of 225 square metres of commercial retail area and 13,115 square metres of residential are
210 m away50 ST LAWRENCE AVEOfficial plan or zoning amendmentOMB Appeal
Proposed amendments to the Official Plan and Etobicoke Zoning Code to permit the development of three residential apartments (26-, 34- and 43-storeys) on a 5-storey podium containing 1,166 residential units and approximately 505 square metres of retail gross floor area (GFA) at-grade. A total of 496 parking spaces are proposed within three levels of underground parking.
230 m away1049 THE QUEENSWAYSite planUnder Review
Site Plan Approval - Proposed development of a 12-storey mixed use building containing 321 dwelling units, 715 square metres of retail space at grade, and two levels of underground parking with a total of 214 parking spaces. There will be a total gross floor area of 23,005 square metres.
300 m away1045 THE QUEENSWAYSite planUnder Review
Site Plan Approval - Proposed development of a 12-storey mixed use building containing 321 dwelling units, 715 square metres of retail space at grade, and two levels of underground parking with a total of 214 parking spaces. There will be a total gross floor area of 23,005 square metres.
330 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Islington-City Centre West right now
- For sale now
- 162
- Median asking price
- $500K
- New in 7 days
- 23
- Price cuts
- 20%
Middle half: $449K to $600K
64 in 28 days
33 listings
This home is asking 2% below the median.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 2 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 2.1 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2.7 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Long Branch GO | GO Transit train: Lakeshore West | 3.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Angels Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 950 m | 82%Grade 6 average |
| Castlebar Junior SchoolToronto DSB | Public · grades JK–5 | 1.2 km | 82%Grade 3 average |
| Norseman Junior Middle SchoolToronto DSB | Public · grades JK–8 | 1.5 km | 85%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.1 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.8 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.9 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.2 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.4 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.