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    5303 - 8 The Esplanade Ave

    $598,0001 bd1 ba0 pk637 sqft
    For SaleL Tower
    4.5
    2 Days on Strata
    $598,000
    1 Bed + 1
    1 Bath
    0 Parking
    637 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $595/mth

    Taxes:

    $3,197 (2025)

    Cost Per Sqft:

    $939/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    West

    Possession Date:

    30/60

    Amenities

    Indoor Parking
    Gym
    Media Room
    Visitor Parking
    Indoor Pool
    Guest Suites
    Party Room
    Concierge
    Rec Room
    Sauna

    About this Listing

    Welcome to the highly sought-after and renowned L Tower, offering an exceptional lifestyle in the heart of downtown Toronto. This bright and spacious unit features an open-concept layout with upgraded finishes, 9 ceilings, and floor-to-ceiling windows providing stunning west-facing views of the lake.The sun-filled living room and bedroom create a warm and inviting atmosphere. The modern kitchen is equipped with premium Miele appliances, perfect for everyday living and entertaining. The versatile den is enhanced with pre-installed curtains, making it ideal as a home office or a second bedroom. The walk-in closet, complete with a custom built-in organizer, adds a sophisticated and functional touch to the unitResidents enjoy world-class amenities, including a fully equipped fitness facility, indoor pool, spa, cinema room, recreation lounge, and 24-hour concierge service.Located on The Esplanade, steps to Union Station, QEW, Financial District, St. Lawrence Market, fine dining, and an array of shops and amenities. Potential future access to the PATH system through the adjacent CIBC building adds even more convenience to this prime location.Experience luxury, convenience, and lifestyle all in one.

    ExtrasMiele appliance includes, cooktop, built-in oven, built in fridge, dishwasher, range-hood, washer and dryer, all ELF and all existing window covering.

    homelife landmark realty inc.MLS® #C12092554

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Heat Pump

    Room Dimensions

    Living

    Wood Floor, Walkout To Balcony, Large Window

    15.19 x 10.2ft

    Dining

    Wood Floor, Combined with Living, Large Window

    15.19 x 10.2ft

    Kitchen

    Granite Counter, Backsplash, Built-in Appliances

    8.01 x 6.79ft

    Primary

    Walk-in Closet, Large Window

    11.12 x 8.99ft

    Den

    Wood Floor

    6.99 x 6.79ft

    Buyer's Market
    Balanced
    Seller's Market

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at L Tower spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    102
    Units were Rented over the past twelve months

    Best Value Rank

    L Tower offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    L Tower has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    L Tower yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    L Tower is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Market Insights

    Transaction Insights at L Tower

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$610,000 - $645,000$632,000 - $769,000$890,000 - $1,295,000$1,278,000No Data
    Avg. Cost Per SqftNo Data$1,030$1,016$1,068$1,032No Data
    Avg. Wait for Unit Availability887 Days37 Days28 Days49 Days90 DaysNo Data
    Ratio of Units in Building2%28%42%21%9%1%

    Market Inventory

    Total number of units listed and sold in St. Lawrence