8 The Esplanade 5306

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8 The Esplanade 5306, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C8287414
MLSID
Contact Us
Property Description
**Steps To Union Station**Beautiful Two Bedroom In The Prestigious Waterfront In The Heart Of Dt Toronto. 9' Feet High Smooth Ceiling WithDelux Open Concept. Spacious Living Room W/Breathtaking Panoramic North East City View, Functional Entryway, Charming Suite, Floor ToCeiling Wdws, Hardwood Flooring Thru-Out, Back Splash, Glossy Cabinetry W/Quartz Countertop Kitchen, Miele Appliances and High EndWindow Coverings, Big Balcony, Double Closets In Master Bed, Which includes 5 pc Ensuite. This Building Is Only Steps to Union station, Metro/Longo's supermarket, Service ontario, LCBO, Berczy park, and tons of Restaurants. Mins to George Brown College, Sugar Beach and HarbourFront. Walking distance to Financial Disctrict, and shopping centre.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-02 2024-04-29 27 $1,400,000 - Terminated
2024-03-14 2024-04-02 19 $1,399,000 - Terminated
Extras
Amenities: 24Hr Concierge, Complimentary Visitor Parking, Indoor Pool, Party, Media Rm, Gym, Sauna Rm, Bbq Areas, Spa, Yoga room
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$5,870 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat14.21' x 22.05'Combined W/Dining, Window Flr To Ceil, W/O To Balcony
DiningFlat14.21' x 22.05'Combined W/Living, East View, W/O To Balcony
KitchenFlat14.21' x 22.05'Granite Counter, B/I Appliances, Open Concept
Prim BdrmFlat10.56' x 14.24'Double Closet, 5 Pc Ensuite, Hardwood Floor
2nd BrFlat9.42' x 10.50'Window Flr To Ceil, B/I Closet, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 5306 is a 2-bedroom 2-bathroom condo listed for sale at $1,350,000, which is $518,295 (62.3%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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