8 The Esplanade 2712
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$798,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC11919323
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Property Description
Welcome to the prestigious L Tower! South-facing 1+1 condo unit with a lake view, boasting 747 square feet of luxurious living space. The unit features soaring 9-foot ceilings, gleaming hardwood floors, upgraded ceramics, and granite counters throughout. The modern gourmet kitchen is equipped with a stylish backsplash and top-of-the-line stainless steel appliances. The impressively large primary bedroom comes with its own ensuite bathroom, while the spacious living room and versatile den, which functions as a secondary bedroom with a nearby full bathroom, offer comfort and flexibility. Located at the heart of Toronto, this condo is just steps from Union Station, Scotiabank Arena, the Financial District, St. Lawrence Market, Harbourfront, and the Eaton Centre, providing unparalleled access to the city's best amenities. Freshly Painted & Move-In Ready!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-03 | 2024-12-31 | 119 | $789,000 | - | Expired |
Extras
Stove, Fridge, Dishwasher, washer/dryer, all Elfs & existing window coverings
Nearby Intersections
Yonge & Wellington (23)
Yonge & Front (22)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,306 (2024)
Basement
None
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level E 47)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 10.50' x 17.03' | Combined W/Dining, Hardwood Floor, W/O To Deck |
| Dining | Ground | 10.50' x 17.03' | Combined W/Living, Hardwood Floor, Open Concept |
| Kitchen | Ground | 7.91' x 8.40' | Ceramic Floor, Stainless Steel Appl, Modern Kitchen |
| Prim Bdrm | Ground | 8.99' x 12.60' | Hardwood Floor, W/I Closet, 4 Pc Ensuite |
| Den | Ground | 7.61' x 8.01' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 2712 is a 1-bedroom 2-bathroom condo listed for sale at $798,000, which is $231,436 (40.8%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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