8 The Esplanade 709

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8 The Esplanade 709, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3740360
MLSID
Contact Us
Property Description
This Luxurious One Bedroom Plus Den With 2 Full Bathrooms & Open Large Balcony Is In Prestigious L Tower. Thousands Spend On Upgrades. Den Can Be Easily Converted Into Second Bedroom. This Luxurious Condo Will Appeal To The Buyers That Appreciate Quality. Incredible City & Water Views From Flr To Ceiling Windows & South Facing Large Balcony.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-01 2020-09-02 93 $779,000 - Suspended
Extras
Walk Score Of 98. Steps Away From Best Of Toronto Has To Offer. Union Station, St. Lawrence Market, Financial District & Waterfront. 9Ft Ceilings, Custom Blinds. Granite Countertop & All Miele Appliances.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,296 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 17.52'Hardwood Floor, W/O To Balcony
DiningMain10.01' x 17.52'Combined W/Dining
KitchenMain8.99' x 11.48'Granite Counter
BrMain8.99' x 12.50'His/Hers Closets
DenMain6.99' x 6.99'Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 709 is a 1-bedroom 2-bathroom condo listed for sale at $619,900, which is $18,629 (3.1%) higher than the average sold price of $601,271 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,761 (1.0%) compared to the previous 30 day period (February 19 - March 19) and down $24,530 (3.9%) from the same time one year ago.
Inventory Change
There were 1,531 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 10.9% compared with the previous 30 day period (February 19 - March 19) and up 49.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,365) (1.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $2,284 increase compared to the previous 30 day period (February 19 - March 19) and ($4,510) 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 20 - April 18) stood at 45.1%, up from 43.1% over the previous 30 days (February 19 - March 19) and down from 76.3% 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 20 - April 18), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Cimerman Real Estate Limited, Brokerage
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