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    2609 - 1 The Esplanade

    For SaleBackstage on the Esplanade
    $699,900
    1 Bed + 1
    1 Bath
    1 Parking
    690 SQFT
    23 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,014/sqft
    Maintenance Fees:
    $955/mth
    Taxes:
    $3,291 (2023)
    Locker:
    None
    Outdoor Space:
    Juliet Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Picture Window
    17.06 x 10.01ft
    Dining
    Combined with Living, Hardwood Floor, Open Concept
    17.06 x 10.01ft
    Kitchen
    Open Concept, Centre Island, Modern Kitchen
    11.98 x 10.01ft

    About this Listing

    One Parking is Included! Amazing Lake And Island Views! In Downtown Toronto's Symbolic "Backstage Condos"! Freshly Painted Stunning Bright And Spacious 1 Bed Plus Den Suite (Den can be second bedroom) With An Underground Parking With South Exposure, Floor To Ceiling Windows, 9 Ceiling, 690 sqft area, Modern Open Concept Kitchen With Granite Counter And S/S Appliances. Hardwood Floor Throughout. Heart Of Downtown Core. Steps To Union Station, Lakeshore, Financial District, St. Lawrence Market.

    ExtrasOne Parking is included. Gym, Outdoor Pool, 24Hr Concierge, Party, Billiard & Game Rooms & Theatre. Guest Suites At Extra Cost. Indoor connection directly to Union Station and the Path is being built.

    royal lepage real estate services success teamMLS® #C8215644


    Amenities

    Visitor Parking
    Indoor Pool
    Bike Storage
    Media Room
    Party Room
    Rec Room

    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%

    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

    36th
    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

    50
    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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