8 The Esplanade St 506
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$715,000
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BEDROOMS1
BATHROOMS1
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Property Description
Rare & Beautiful Corner Unit At The Iconic L Tower! This 1 Bedroom Plus Den Features 663 Sq Ft Of Comfortable Yet Functional Living Space, Floor To Ceiling Windows Allow For Amazing North West City Views, Gourmet Kitchen With High End Miele S/S Appliances, Granite Countertops, Backsplash, Undermount Lighting & Potlights, Spacious Den Can Be Doubled As A 2nd Bdrm, Home Office Or Dining Area, 9 Ft Smooth Ceilings,Stacked Laundry & Locker, Walking Distance To Union Station, Financial Core District & Waterfront! 24 Concierge, This Unit Has It All
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-07 | 2024-02-29 | 84 | $729,000 | - | Expired |
| 2023-09-20 | 2023-11-02 | 43 | $749,999 | - | Terminated |
| 2023-06-05 | 2023-09-20 | 107 | $796,000 | - | Terminated |
| 2023-05-02 | 2023-05-30 | 28 | $858,999 | - | Terminated |
| 2023-04-05 | 2023-04-29 | 24 | $888,000 | - | Terminated |
Nearby Intersections
Yonge & Wellington (30)
Yonge & Front (33)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,900 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.50' x 17.98' | Laminate, Combined W/Dining |
| Dining | Flat | 10.50' x 17.98' | Laminate, Combined W/Dining, Open Concept |
| Kitchen | Flat | 7.09' x 10.76' | Laminate, Open Concept, B/I Appliances |
| Prim Bdrm | Flat | 9.51' x 10.01' | Laminate, Large Window |
| Den | Flat | 9.19' x 10.24' | Laminate, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade St 506 is a 1-bedroom 1-bathroom condo listed for sale at $715,000, which is $113,203 (18.8%) higher than the average sold price of $601,797 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,104 (0.2%) compared to the previous 30 day period (February 27 - March 27) and down $25,115 (4.0%) from the same time one year ago.Inventory Change
There were 1,714 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 23.1% compared with the previous 30 day period (February 27 - March 27) and up 59.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,654) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $3,287 increase compared to the previous 30 day period (February 27 - March 27) and ($2,960) 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 (March 28 - April 26) stood at 39.8%, down from 45.8% over the previous 30 days (February 27 - March 27) and down from 75.5% 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 27 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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