8 The Esplanade 1104
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$689,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS3 + 1
ROOMSC11823815
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Property Description
Designed by starchitect Daniel Libeskind, the L Tower stands out in Toronto's skyline. Located in the historic St. Lawrence Market area of east downtown, you'll be close to the Esplanade strip, Financial District, GO Bus, Union Station, highways, St. Lawrence Market, and parks, as well as steps to the coming CIBC Square II and the coming Path extension. This highly functional 1+1 luxury condo boasts a Studio Munge-designed modern kitchen with built-in Miele appliances, island storage, and generously-sized kitchen uppers, plus 10 ft. ceilings in the main living area and remote blind on main window. The king-sized bedroom, enhanced with a Hue light strip over top of remote controlled blackout blind adds great ambiance and relaxation, and there is a walk-in closet. Includes 1 parking and 1 locker. Embrace city living in style!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-16 | 2024-11-30 | 75 | $700,000 | - | Expired |
| 2020-10-20 | 2020-12-09 | 50 | $739,900 | - | Terminated |
| 2020-09-24 | 2020-10-19 | 25 | $755,900 | - | Terminated |
Extras
Includes Miele appliances: Fridge, Cooktop, Oven, Dishwasher, microwave, washer, and dryer. Additional features include remote-controlled blinds, den could fit a small bed, a Hue light strip in the bedroom, and **
Nearby Intersections
Yonge & Wellington (30)
Yonge & Front (30)
Property Features
Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,549 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (Level F Unit 10)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 12.47' x 8.86' | W/I Closet, Laminate, Large Window |
| Living | Flat | 12.80' x 9.84' | Laminate |
| Kitchen | Flat | 8.86' x 9.84' | Centre Island |
| Den | Flat | 7.22' x 6.56' | Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 1104 is a 1-bedroom 1-bathroom condo listed for sale at $689,000, which is $125,310 (22.2%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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