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    Backstage on the Esplanade

    1 The Esplanade

    5for Sale
    7for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    36
    Number of Units:
    284
    Condo Completion:
    2017
    Condo Demand:
    Medium
    Unit Size Range:
    500 - 1,039 SQFT
    Unit Availability:
    Medium

    Listing History for Backstage on the Esplanade

    Amenities

    Bike Storage
    Visitor Parking
    Rec Room
    BBQ
    Rooftop Deck
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 The EsplanadeBackstage on the Esplanade

    Backstage on the Esplanade may constitute part two of a project known as the L Tower, but it certainly doesn’t take a backseat to its neighbour. The tower at 1 The Esplanade shares a 4-storey podium with the L Tower next door, and both buildings boast unique façades that complement — rather than compete — with one another.

    When designing this St. Lawrence neighbourhood structure, Page + Steele employed a mixture of materials: the curved façade is clad in tinted grey glass, harmonizing perfectly with the grey brick base below. The building reaches to 36 storeys, and holds 284 homes.

    Plenty of other seasoned firms also had their hand in the building at 1 The Esplanade: Cityzen Development Corporation, Castlepoint, and Fernbrook Homes made up the development team, and Claude Cormier was appointed to the landscape design. The result is a contemporary, eco-friendly (LEED certified) building that has been occupied since 2017.

    Inside, the common spaces — including the double-height lobby — were styled by the renowned interior designers at Munge Leung. Residents also have numerous amenities to enjoy, including a gym, outdoor lap pool and yoga area, sauna and steam room, party room with bar, games room, cinema, guest suites, concierge, and a rooftop terrace.

    The Suites

    The homes at Backstage on the Esplanade vary just enough in size to attract a diverse crowd of buyers: suites start at around 500 and reach to approximately 1,100 square feet. These consist of one bedroom, two bedroom, one plus den, one bedroom plus study, two bedroom plus study or two bedroom plus den units. Anyone seeking who wants to be in the heart of the action and is seeking Toronto condos for sale should have this building atop their list.

    A loft-like vibe is present throughout the building, thanks to rounded concrete columns and window-clad walls, while high ceilings that reach to 9 or 10 feet also exaggerate the effect. Multi-plank engineered hardwood can also be found in the homes at 1 The Esplanade, as well as granite countertops, stainless steel Bosch appliances, valance lights, and ceramic backsplashes in the sleek open-concept kitchens.

    Bathrooms at Backstage on the Esplanade are no less impressive, boasting slab marble, spa-like tubs, porcelain or ceramic tiles, and brushed nickel hardware. And best of all, every unit comes equipped with a private outdoor space of its own, so residents can enjoy views of the downtown Toronto skyline.

    The Neighbourhood

    There’s no shortage of things to do, see, or explore when living at 1 The Esplanade. For one, the Sony Centre for the Performing Arts is literally right downstairs. While not everyone in the city might know that this venue is the largest soft seat theatre in Canada, it’s no secret that this is one of the best places in Toronto to watch live performances of all sorts.

    A date night involving a concert at the Sony Centre can be made complete by grabbing a bite to eat at any of the restaurants along Wellington or King East. Those catching matinee acts can also eat at St. Lawrence Market, which serves up plenty of delicious prepared foods as well as perfect picnic fare.

    Transportation

    Residents of 1 the Esplanade can get around the city with ease — even without a car. The walk over to Union Station takes only around 5 minutes, where travelers can reach the Yonge-University-Spadina subway line, as well as VIA Rail trains, GO buses and trains, and the UP service to Pearson International Airport. In the wintertime, residents can even around most of the downtown core without going outside, thanks to the building’s location near the PATH: an underground, 30-kilometre pedestrian walkway.

    Drivers can reach even faraway destinations in no time, thanks to the building’s proximity to the Gardiner Expressway. Driving just a block south down Yonge will land cars at on-ramps leading east or west. From here, the Don Valley Parkway can be reached in just a few minutes, and from there the 401 isn’t too far off either.

    As for those heading out on international trips, a drive to Pearson International takes 20-30 minutes during off-peak hours. This airport can also be reached in less than an hour when using the UP service.

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    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Days on Strata

    Units at Backstage on the Esplanade spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    46
    Units were Rented over the past twelve months

    Best Value Rank

    Backstage on the Esplanade offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Backstage on the Esplanade has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Backstage on the Esplanade yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Backstage on the Esplanade is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 1 The Esplanade

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$551,800$550,000 - $730,000$700,000 - $990,000No Data
    Avg. Cost Per Sqft$1,132$1,022$963No Data
    Avg. Wait for Unit Availability171 Days45 Days63 Days869 Days
    Ratio of Units in Building12%56%32%1%

    Maintenance Fees

    Backstage on the Esplanade vs The St. Lawrence Area

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