38 The Esplanade 1301
Waterfront Communities C8, Downtown Toronto, M5E 1A5
FOR SALE
$549,988
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Property Description
Experience luxurious downtown living in this stunning 1-bedroom condo located in the heart of the city at London On The Esplanade. Offering an impressive layout with floor-to-ceiling windows, this bright and spacious unit boasts breathtaking south-facing views, including glimpses of the lake. The open-concept living space flows seamlessly into a modern kitchen featuring a stylish granite island and sleek stainless steel appliances.With its unbeatable location, you're just steps away from the Financial District, St. LawrenceMarket, Union Station, and Torontos renowned Path system. Surrounded by parks, premier shopping like Eaton Centre, and endless dining options, this condo puts you at the center of it all.Residents enjoy an array of upscale amenities, including a state-of-the-art gym, library, outdoor pool, BBQ terrace, theatre room, guest suites, party room, billiards, meeting rooms, and 24-hour concierge service. Low maintenance fees make this a perfect opportunity to live your ideal downtown lifestyle
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-31 | 2023-06-16 | 16 | $599,990 | - | Terminated |
| 2023-05-03 | 2023-05-30 | 27 | $639,990 | - | Terminated |
Extras
Heat Pump Is Owned
Nearby Intersections
Front & Church (19)
Yonge & Front (31)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,182 (2024)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Electric
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 | 9.97' x 12.01' | Large Window, Hardwood Floor, South View |
| Kitchen | Main | 7.87' x 8.07' | Stainless Steel Appl, Centre Island, Granite Counter |
| Dining | Main | 9.97' x 12.01' | Open Concept, Hardwood Floor |
| Prim Bdrm | Main | 8.99' x 9.84' | Closet, Hardwood Floor, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 The Esplanade 1301 is a 1-bedroom 1-bathroom condo listed for sale at $549,988, which is $20,843 (3.7%) lower than the average sold price of $570,831 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,245 (0.2%) compared to the previous 30 day period (September 23 - October 22) and down $18,306 (3.1%) from the same time one year ago.Inventory Change
There were 1,217 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 3.1% compared with the previous 30 day period (September 23 - October 22) and down 5.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,815) (1.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $2,467 increase compared to the previous 30 day period (September 23 - October 22) and ($13,538) 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 (October 23 - November 21) stood at 50.3%, up from 44.5% over the previous 30 days (September 23 - October 22) and up from 34.3% 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 31 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with New Era Real Estate
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