8 The Esplanade 2411
Waterfront Communities C8, Downtown Toronto, M5E 0A6
FOR SALE
$899,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC9353663
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Property Description
Spectacular! 2 bed 2 full bath, CORNER UNIT in The L Tower, one of the most Iconic building on theToronto skyline. Floor to ceiling windows allow for amazing south east views of lake Ontario andthe downtown core! Nine foot ceilings and hardwood flooring throughout. Gorgeous kitchen with quartzcounter tops, large island, built-in Miele stainless steel appliances and designer backsplash.Spacious primary bedroom with 4 pc ensuite, second bedroom and additional 3 pc bath. Fantasticlocation just steps to transit, Union station, St. Lawrence Market, Financial district, TheEsplanade strip and much more. Includes 1 parking spot and 1 locker.
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Extras
Amenities include Party/meeting room, guest suites, 24 hour concierge, security, sauna, Pool, Gym
Nearby Intersections
Yonge & Wellington (29)
Yonge & Front (31)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,635 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (5)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 8.86' x 3.84' | Hardwood Floor |
| Kitchen | Main | 16.17' x 12.47' | Hardwood Floor, Stainless Steel Appl |
| Living | Main | 14.21' x 11.02' | Hardwood Floor |
| Prim Bdrm | Main | 9.42' x 10.50' | Hardwood Floor |
| 2nd Br | Main | 8.66' x 9.48' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 2411 is a 2-bedroom 2-bathroom condo listed for sale at $899,000, which is $132,926 (17.4%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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