8 The Esplanade 5006

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8 The Esplanade 5006, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3273293
MLSID
Contact Us
Property Description
Iconic L Tower In Unparalleled Downtown Location! Brand New 817Sf Spacious 1 Bdrm+Den Suite W 2 Full Bath+Absolutely Stunning View From 50th Flr. Luxurious Finishes Incl 9Ft Ceilings, Wood Flooring+State Of The Art Kitchen W B/I Miele Appliances+Stone Counters. 1 Parking Space Incl In Price! Amazing Bldg Amenities Incl Indoor Pool, Spa, Gym, Yoga, Guest Suites+Much More! Walk Out The Door&You Are Steps To Fin District,St. Lawrence Mkt,Waterfront+Union Station
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-08-20 2021-09-16 27 $799,000 $860,000 Sold
Extras
Brand New B/I Miele Appliances:Cook Top,Oven,Hood,Paneled Fridge+Dw For Seamless Look.Granite Counters,W/D,9Ft Smooth Ceilings,W/I Closet,Linen Closet, Flr2Ceiling Windows W Breathtaking Views.1 Prk Space Incl.Den Could Be Used As 2nd Bdrm.
Property Features
Clear View, Hospital, Park, Public Transit
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
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
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 5006 is a 1-bedroom 2-bathroom condo listed for sale at $589,900, which is $12,633 (2.1%) lower than the average sold price of $602,533 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $6,706 (1.1%) compared to the previous 30 day period (February 23 - March 23) and down $19,736 (3.2%) from the same time one year ago.
Inventory Change
There were 1,536 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 11.4% compared with the previous 30 day period (February 23 - March 23) and up 49.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,920) (1.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $2,521 increase compared to the previous 30 day period (February 23 - March 23) and ($3,215) 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 24 - April 22) stood at 43.0%, down from 44.2% over the previous 30 days (February 23 - March 23) and down from 74.1% 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 26 days when successfully sold over the last 30 days (March 24 - April 22), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty, Brokerage
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