8 The Esplanade Ave 5608

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8 The Esplanade Ave 5608, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3736571
MLSID
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Property Description
Luxurious L Tower Sub-Penthouse With Unobstructed Stunning Lake View 1 Bed Plus Den, Floor To Ceiling Windows, Large Island & Open Concept Kitchen, Steps To The Path, Union Station, Rogers Centre, Acc, Financial District, And The Entertainment District.
Extras
Miele Appliances: Fridge, Stove, Cooktop, Range Hood, Dishwasher, Stacked Washer/Dryer, Individual Parking And Large Locker (10th Floor)
Property Features
Arts Centre, Library, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,575 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.50' x 14.70'Hardwood Floor, Combined W/Dining, Open Concept
DiningFlat10.50' x 14.70'Hardwood Floor, Open Concept, Combined W/Living
KitchenFlat10.50' x 12.86'Stainless Steel Appl, Granite Counter, Backsplash
MasterFlat9.02' x 10.93'Hardwood Floor, Window, Closet
DenFlat8.60' x 7.02'Hardwood Floor, Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade Ave 5608 is a 1-bedroom 2-bathroom condo listed for sale at $759,900, which is $156,855 (26.0%) higher than the average sold price of $603,045 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $4,444 (0.7%) compared to the previous 30 day period (February 25 - March 25) and down $19,478 (3.1%) from the same time one year ago.
Inventory Change
There were 1,630 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 19.1% compared with the previous 30 day period (February 25 - March 25) and up 57.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,085) (1.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,619 increase compared to the previous 30 day period (February 25 - March 25) and ($2,921) 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 26 - April 24) stood at 41.8%, down from 44.6% over the previous 30 days (February 25 - March 25) and down from 74.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 26 - April 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc., Brokerage
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