8 The esplanade 1908
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$680,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Welcome to your urban oasis at The 8 Esplanade, Toronto ON #1908. This stunning unit boasts breathtaking views of the southeast end of Toronto through floor-to-ceiling windows, flooding the space with natural sunlight all day long. Perfect for entertaining, the oversized kitchen island beckons gatherings and culinary delights. Beyond the unit, the vibrant Esplanade neighborhood offers a dynamic blend of culture, dining, and entertainment, with its historic charm and modern amenities. Enjoy the convenience and luxury of this prime location, complemented by the abundance of amenities within the building itself. Welcome home to luxury living in the heart of Toronto's bustling landscape.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,137 (2023)
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The esplanade 1908 is a 1-bedroom 1-bathroom condo listed for sale at $680,000, which is $76,819 (12.7%) higher than the average sold price of $603,181 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $9,759 (1.6%) compared to the previous 30 day period (May 1 - May 30) and down $37,543 (5.9%) from the same time one year ago.Inventory Change
There were 1,659 1-bedroom condos listed in Downtown Toronto over the last 30 days (May 31 - June 29), which is down 10.0% compared with the previous 30 day period (May 1 - May 30) and up 9.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,910) (1.8%) below asking price over the last 30 days (May 31 - June 29), which represents a $3,101 decrease compared to the previous 30 day period (May 1 - May 30) and ($278) 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 (May 31 - June 29) stood at 32.1%, down from 33.0% over the previous 30 days (May 1 - May 30) and down from 71.2% 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 25 days when successfully sold over the last 30 days (May 31 - June 29), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Unreserved
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