1 The Esplanade 2607
Waterfront Communities C8, Downtown Toronto, M5E 0A8
FOR SALE
$679,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC11906810
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Property Description
Premium and upscale condo located in the heart of the city. Spacious 655 sq ft, 1 bedroom plus den unit with luxury upgrades throughout! The unit has a very functional layout overlooking the beautiful east and south views of the city. Lots of natural light with floor to ceiling windows. Modern open concept kitchen with quartz countertops and very large upgraded island and breakfast bar! S/S Appliances. Locker is a private room located in front of a premium parking spot above ground on level 3. 24 hour concierge included! Amenities include a fully equipped gym, movie room, party room, guest suites among others. Steps away from Berczy Park, coffee shops, groceries, Scotiabank Arena, St. Lawrence Market, TTC, waterfront, financial core and more! Excellent option for owners and tenants alike! Unit is currently tenanted until Feb 10. Pictures taken when the unit was vacant.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-04 | 2022-09-07 | 3 | $2,750 | $2,850 | Leased |
Extras
S/S Fridge, Modern Electric Stove, Built In S/S Dishwasher, Microwave Oven and Range, Premium Roller Blinds, Washer, Dryer, and Above Ground Indoor Parking On Premium Level 3 With Private Locker In Front Of Parking Spot.
Nearby Intersections
Yonge & Front (19)
Yonge & Lakeshore (38)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,469 (2024)
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.01' x 18.14' | Combined W/Dining, W/O To Balcony, Window Flr to Ceil |
| Dining | Main | 10.01' x 18.14' | Combined W/Living, East View, Window Flr to Ceil |
| Kitchen | Main | 10.17' x 11.81' | Quartz Counter, Stainless Steel Appl, Centre Island |
| Prim Bdrm | Main | 12.27' x 10.79' | Large Window, Mirrored Closet, Se View |
| Den | Main | 7.97' x 8.20' | Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
1 The Esplanade 2607 is a 1-bedroom 1-bathroom condo listed for sale at $679,000, which is $112,567 (19.9%) higher than the average sold price of $566,433 in the last 30 days (December 10 - January 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,102 (0.5%) compared to the previous 30 day period (November 10 - December 9) and down $23,908 (4.0%) from the same time one year ago.Inventory Change
There were 612 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 10 - January 8), which is down 47.0% compared with the previous 30 day period (November 10 - December 9) and up 43.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,011) (2.5%) below asking price over the last 30 days (December 10 - January 8), which represents a $2,222 decrease compared to the previous 30 day period (November 10 - December 9) and ($16,186) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (December 10 - January 8) stood at 59.3%, up from 47.1% over the previous 30 days (November 10 - December 9) and down from 71.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 10 - January 8), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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