8 The Esplanade 608

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8 The Esplanade 608, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C4047431
MLSID
Contact Us
Property Description
Live In The Iconic L Tower!! Rarely Offered: 1+1 Bedroom W/ 2 Baths (737Sf + Balcony)!! High 9' Ceilings, Hrdwd Floors Thru-Out, Stunning Modern Kitchen W/ Stone Countertops, Potlights, & Miele Stainless Steel Apps! Master Suite W/ Spa-Like Ensuite Bath, & 2 Double Closets! Very Usable, Separate Den Space. 2nd Bath W/ Frameless Glass Shower. 1 Exterior Locker. Building Designed By World-Renowned Architect Daniel Libeskind!
Extras
An Address Of Distinction At The Nexus Of The Financial District & St Lawrence Market. Amenities: 24/7 Concierge, Gym, Indoor Pool, Sauna, Steam & Games Room, Private Cinema, Garden, Private Dining Rm & Lounge, Guest Suites, Visitor Pkg.
Property Features
Hospital, Place Of Worship, Public Transit, School, Waterfront
Property Details
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
700-799
Taxes
$3,159 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain11.81' x 3.77'Closet, 3 Pc Bath
KitchenMain8.01' x 8.20'Modern Kitchen, Stainless Steel Appl, Pot Lights
LivingMain10.33' x 16.77'Open Concept, Hardwood Floor, W/O To Balcony
DiningMain10.33' x 16.77'Combined W/Living, Hardwood Floor, South View
MasterMain9.02' x 12.24'Hardwood Floor, His/Hers Closets, 4 Pc Ensuite
DenMain6.73' x 7.35'Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 The Esplanade 608 is a 1-bedroom 2-bathroom condo listed for sale at $650,000, which is $48,729 (8.1%) 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 Re/Max Professionals Inc., Brokerage
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