38 The Esplanade 1401
Waterfront Communities C8, Downtown Toronto, M5E 1A5
FOR SALE
$539,800
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Unbeatable Value! London on the Esplanade: a high-end, luxurious residence in the heart of St. Lawrence Market. Steps to Union Subway, the Financial District, GO Station, fine dining, restaurants, shopping, and supermarkets. This is an extremely rare find: a south-facing unit with lake views. Junior 1 bedroom featuring large windows, 9' ceilings, stainless steel appliances, engineered hardwood flooring (no carpet), a kitchen with granite island and countertops, a white marble bathroom, designer roller shades, and more!Includes TWO extra-large lockers! Enjoy 1st class amenities: 24-hour concierge, outdoor pool, guest room, steam room, whirlpool spa, fitness center, massage room, aerobics and yoga rooms. This is a well-managed, exclusive community. Low maintenance fee, with hydro being the only separate bill. Available for an immediate move-in.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-02-12 | 2021-02-22 | 10 | $1,500 | $1,500 | Leased |
| 2020-09-10 | 2020-12-10 | 91 | $1,675 | - | Expired |
| 2020-06-09 | 2020-09-09 | 92 | $1,850 | - | Expired |
| 2018-12-17 | 2018-12-20 | 3 | $1,900 | $1,900 | Leased |
Extras
TWO [2] Extra Large Lockers included
Nearby Intersections
Front & Church (16)
Yonge & Front (32)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,017 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.60' x 12.01' | Hardwood Floor, Large Window |
| Dining | Flat | 10.60' x 12.01' | Hardwood Floor, Combined W/Living |
| Kitchen | Flat | 10.60' x 12.01' | Hardwood Floor, Centre Island, Combined W/Dining |
| Br | Flat | 8.60' x 9.25' | Hardwood Floor, Large Window, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 The Esplanade 1401 is a 1-bedroom 1-bathroom condo listed for sale at $539,800, which is $26,277 (4.6%) lower than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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