8 The Esplanade Ave 1505

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8 The Esplanade Ave 1505, Downtown Toronto
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C3901200
MLSID
Contact Us
Property Description
The L Tower Condominium, Bright 2 Bedroom Corner Unit, Munge Leung Designed Kitchen Cabinetry, Engineered H/W Floors, Miele S/S Kitchen Appliances. Surrounded By Park, Theatres& World Class Restaurants. The Path, Financial District, Union Station, Rogers Centre, Acc, Dundas Square, St. Lawrence Market - All At Your Doorsteps! Amenities Include Spa, Sauna, Yoga Studio, Pool, Gym, Media Room, Party Room & 24 Hour Concierge.
Extras
Miele Stainless Steel Appliances: Fridge, Stove Dishwasher, Hood, Washer And Dryer, All Electrical Fixtues & 1 Parking, 1 Locker Owned
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,854 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level C)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain13.39' x 20.47'Hardwood Floor, Combined W/Dining
DiningMain13.39' x 20.47'Hardwood Floor, Combined W/Living
BrMain9.51' x 12.53'Hardwood Floor, Closet
BrMain8.99' x 10.66'Hardwood Floor, Closet
KitchenMain4.99' x 12.99'Hardwood Floor, Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade Ave 1505 is a 2-bedroom 1-bathroom condo listed for sale at $739,800, which is $55,940 (7.0%) lower than the average sold price of $795,740 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $14,311 (1.8%) compared to the previous 30 day period (February 22 - March 22) and up $4,203 (0.5%) from the same time one year ago.
Inventory Change
There were 1,369 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 23 - April 21), which is up 14.0% compared with the previous 30 day period (February 22 - March 22) and up 26.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($8,956) (1.1%) below asking price over the last 30 days (March 23 - April 21), which represents a $1,898 increase compared to the previous 30 day period (February 22 - March 22) and ($7,314) 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 (March 23 - April 21) stood at 47.6%, down from 49.4% over the previous 30 days (February 22 - March 22) and down from 63.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 23 - April 21), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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