8 The Esplanade 5307
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$619,000
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BEDROOMS1
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KITCHENS4
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Property Description
Spectacular and recognizable, welcome to the Iconic L Tower, designed by Daniel Libeskind. This functional and spacious 1 bedroom unit within this stunning building is complete with stunning views... as well as large closets, a breakfast bar, a laundry "room", parking and locker... and did we mention the views? City lights from above are the lullaby that will lull you to sleep and beautiful sunrises over the lake will fill you for your day. It's not only the striking unit and building, outside your door is the Old Town neighbourhood that will also own your heart. Connected to Meridian Hall, across the street from the Hockey Hall of Fame & the PATH or Berczy Park & the Flatiron Building. A 5 minute walk to Harbourfront, the ferry terminal or Union Station. Great restaurants, shops, cafes and our favourite, the famed St. Lawrence Market (named one of the best food markets in the world by National Geographic!) The list of excellence is endless. See it for yourself.
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Extras
A+ parking spot - right beside the elevator! Locker is on the 10th floor. Stellar amenities include: indoor pool, sauna, gym, 24 hour concierge, party room, meeting room, guest suites, visitors parking.
Nearby Intersections
Yonge & Wellington (36)
Yonge & Front (35)
Property Features
Clear View, Library, Marina, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,908 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (F)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.06' x 9.19' | Open Concept, W/O To Balcony, Hardwood Floor |
| Dining | Main | 17.06' x 9.19' | Breakfast Bar, Combined W/Kitchen, Hardwood Floor |
| Kitchen | Main | 9.19' x 6.56' | B/I Appliances, Open Stairs, Hardwood Floor |
| Br | Main | 10.83' x 8.86' | Large Closet, Sliding Doors, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 5307 is a 1-bedroom 1-bathroom condo listed for sale at $619,000, which is $51,285 (9.0%) higher than the average sold price of $567,715 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,635 (0.6%) compared to the previous 30 day period (July 29 - August 27) and down $51,851 (8.4%) from the same time one year ago.Inventory Change
There were 1,657 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 28 - September 26), which is up 42.1% compared with the previous 30 day period (July 29 - August 27) and up 4.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,417) (1.8%) below asking price over the last 30 days (August 28 - September 26), which represents a $2,719 decrease compared to the previous 30 day period (July 29 - August 27) and ($7,754) 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 28 - September 26) stood at 29.7%, down from 43.7% over the previous 30 days (July 29 - August 27) and up from 27.8% 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 32 days when successfully sold over the last 30 days (August 28 - September 26), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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