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    Toronto / Downtown / St. Lawrence

    907 - 8 The Esplanade St

    For SaleL Tower
    5.0
    $650,000
    Price Cut: $699,000
    1 Bed + 1
    1 Bath
    0 Parking
    600 - 699 SQFT
    126 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $623/mth
    Taxes:
    $3,519 (2024)
    Cost Per Sqft:
    $930 - $1,083/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    October 31, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining
    17.98 x 10.5ft
    Dining
    Laminate, Combined with Dining, Open Concept
    17.98 x 10.5ft
    Kitchen
    Laminate, Open Concept, Built-in Appliances
    10.76 x 7.09ft

    About this Listing

    Embrace the essence of downtown living in The Esplanade! Step into this meticulously maintained one-bedroom plus den (can serve as junior 2nd bdrm), boasting a generous 637 square feet of thoughtfully designed living space. High ceiling, open concept, bright and cozy! Unique floor plan, oversized windows, modern kitchen, rich&black granite countertops, backsplash. S/S top-of-the-line Miele built-in appliances, full size stacked washer/dryer. Its prime location offers unparalleled convenience, mere minutes away from esteemed landmarks such as the St. Lawrence Market, Meridian Hall, and Union Station. Additionally, it is just minutes from the Gardiner Expressway, the Harbourfront, and various other city hotspots. The vibrant energy of the city pulses around this residence, making it an ideal choice for those seeking a dynamic lifestyle. Great for end-user or just on time for hot rental season - Attention Investors!!!!

    ExtrasFrom fitness facilities to communal gathering spaces, every aspect of modern living is catered to within this prestigious building. Rich & upscale full range of amenities in the building managed by DEL P.M.

    royal lepage your community realtyMLS® #C8480882

    Amenities

    Guest Suites
    Visitor Parking
    Sauna
    Indoor Parking
    Media Room
    Gym Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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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%

    Price Trends

    Maintenance Fees

    L Tower vs The St. Lawrence Area

    Building Trends At L Tower

    Days on Strata

    Units at L Tower spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    6.2
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    98
    Units were Rented over the past twelve months

    Best Value Rank

    L Tower offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    L Tower has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    L Tower yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    L Tower is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 8 The Esplanade

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$569,000 - $635,000$655,000 - $735,000$886,000 - $1,295,000$1,278,000No Data
    Avg. Cost Per SqftNo Data$1,045$1,102$1,059$1,024No Data
    Avg. Wait for Unit Availability887 Days37 Days26 Days46 Days95 DaysNo Data
    Ratio of Units in Building2%27%42%22%9%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence