38 The Esplanade 1108
Waterfront Communities C8, Downtown Toronto, M5E 1A5
FOR SALE
$800,000
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BEDROOMS1
BATHROOMS1
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Property Description
This is NOT your ordinary, cookie-cutter condo. The unit underwent an extensive renovation that produced a sophisticated yet comfortable space that has a London speakeasy-esque vibe to it, which matches the character of the building - which just so happens to be called London on the Esplanade. You'll be stunned by the gorgeous, but highly functional, banquette that serves as the perfect space for enjoying your favourite meal and your best cocktail recipe with your friends, and the wood build-ins let you show off whatever you like. And don't miss the hidden storage under the benches. You'll appreciate the thoughtful kitchen overhaul that includes appliances integrated with the cabinets, and the tasteful finishes carry over to the bathroom which also has that wow factor you're looking for. A high-end murphy bed was installed in the den to increase the functionality of the space - it doubles as an office and a guest suite, and the proper interior door provides privacy for both options.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-09-03 | 2019-12-01 | 89 | $729,900 | $705,000 | Sold |
Extras
Restaurants, bars, St Lawrence Market, Meridian Hall for shows and concerts, all within a short walk. Add a few more steps and you can be at Union Station, Sugar Beach Park, the lake, or Distillery District in less than a 15 minute walk.
Nearby Intersections
Front & Church (20)
Yonge & Front (31)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,932 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level G, Unit 1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.19' x 11.71' | Renovated, Tile Floor, Quartz Counter |
| Dining | Main | 16.14' x 10.66' | B/I Bookcase, Renovated, Hardwood Floor |
| Living | Main | 16.14' x 10.66' | Hardwood Floor, East View, W/O To Balcony |
| Prim Bdrm | Main | 14.14' x 10.04' | Hardwood Floor, East View, Double Closet |
| Den | Main | 7.58' x 6.76' | Murphy Bed, B/I Desk, Swing Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 The Esplanade 1108 is a 1-bedroom 1-bathroom condo listed for sale at $800,000, which is $197,702 (32.8%) higher than the average sold price of $602,298 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $90 (0.0%) compared to the previous 30 day period (March 2 - March 31) and down $26,238 (4.2%) from the same time one year ago.Inventory Change
There were 1,797 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 38.1% compared with the previous 30 day period (March 2 - March 31) and up 73.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,081) (1.3%) below asking price over the last 30 days (April 1 - April 30), which represents a $2,791 increase compared to the previous 30 day period (March 2 - March 31) and ($2,921) less 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 (April 1 - April 30) stood at 39.1%, down from 44.3% over the previous 30 days (March 2 - March 31) and down from 74.7% 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 27 days when successfully sold over the last 30 days (April 1 - April 30), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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