8 The Esplanade St 1802
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$1,165,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC11968917
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Property Description
Opportunity knocks! Rarely offered large 2+den corner suite at L Tower which stands as an iconic high-rise residential building at Yonge & Front, offering views of downtown Toronto and Lake Ontario. Residents can easily access the Union Station, express train to Pearson Airport, Scotia Bank Arena, St. Lawrence Market, the PATH, fine dining, and the best that Toronto has to offer! This well-designed southwest facing 2-bedroom + den corner suite is bright and spacious. The extra large den can easily be your home office or your hobby room. The suite features designer kitchen cabinetry, engineered hardwood flooring, 9' smooth ceilings, luxury Miele stainless steel kitchen appliances, stainless steel powerful exhaust hood fan and a full-sized Miele stacked washer/dryer. The modern kitchen boasts granite countertops with valance lighting and undermount sinks. The amenities are top-notch and include a fully equipped catering kitchen, a private dining room, library, cinema, luxurious spa facilities, saunas, lap pool, yoga studio, state-of-the-art fitness facility & a 24-hour concierge for added security. Two designer-decorated guest suites and visitors parking are also available. Additionally, one parking space is included in the price. Explore the epitome of urban living in this extraordinary residence!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-09 | 2019-03-21 | 12 | $3,400 | $3,400 | Leased |
| 2019-02-01 | 2019-03-09 | 36 | $3,500 | - | Terminated |
Nearby Intersections
Yonge & Wellington (36)
Yonge & Front (36)
Property Features
Arts Centre, Part Cleared, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$5,901 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (LVL F)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.76' x 20.18' | Hardwood Floor, W/O To Balcony, South View |
| Dining | Flat | 14.76' x 20.18' | Hardwood Floor, Combined W/Living, West View |
| Kitchen | Flat | 7.05' x 10.33' | Hardwood Floor, Stainless Steel Appl, Modern Kitchen |
| Prim Bdrm | Flat | 10.01' x 10.01' | Hardwood Floor, Mirrored Closet, 4 Pc Ensuite |
| 2nd Br | Flat | 9.51' x 12.07' | Hardwood Floor, Large Closet, Large Window |
| Den | Flat | 6.50' x 8.01' | Hardwood Floor, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade St 1802 is a 2-bedroom 2-bathroom condo listed for sale at $1,165,000, which is $408,399 (54.0%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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