8 The EsplanadeUnit 2803
1Bed + Den
1Bath
627SQFT
Price Increase
$799,000 $829,000 (+$30,000)
8 The EsplanadeUnit 2803
$799,000 $829,000 (+$30,000)
1Bed + Den
1Bath
627SQFT
Walkability
10/10
Transit
10/10
Bikeability
8/10
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
Cityzen Development Corporation
Condo Completion
2015
Property Management
Del Property Management Inc.
Unit Size Range
400 - 2000 SQFT
Number of Units
591
Number of Storeys
57
Parking
Yes
Locker
Yes
Days on Market
44
Cost per SQFT
$1,322/sqft
Maintenance
$551/mth
Taxes
$3,031
Outdoor Space
Open
Exposure
West
Possession Date
April 8, 2022
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo

8 The Esplanade | Unit #2803 at L Tower

About the Property

Iconic L-Tower Gorgeous 1 Bedroom + Den. Prime Downtown Location -Walking Distance To Restaurants, Ttc Routes And Union Station, Financial District, St. Lawrence Market, Shopping, Waterfront And More. 9 Ft Ceilings, Hardwood Flooring Throughout, Signature Cabinetry Designed By Munge Leung. And Kitchen With Top Of The Line Miele And B/I Appliances, Unobstructed Views Of The City And Cn Tower

Extras

Existing Windows Covering, Miele Oven & Microwave, B/I Dishwasher, B/I Fridge, Stacked Washer & Dryer. 1 Parking Spot & 1 Locker , (Balcony Doorlock Will Be Replaced Asap)

Brokerage: goldenway real estate ltd., brokerageMLS® #C5570435

Market Temperature
Buyer's Market
Balanced
Seller's Market

Book A Showing

Select a Date and Time
Saturday
21
May
Sunday
22
May
Monday
23
May

Viewings are free and there's no obligation.

Room Dimensions

Room dimensions are not available for this listing.

Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

Visitor Parking
Recreation Room
Party/Meeting Room
Underground Parking
Indoor Pool
Media Room
Concierge
Gym
Sauna
Guest Suites

Travel Times

Listing History for Unit 2803

Stats, Trends & Rankings

Price Per Square Foot
L Tower vs The St. Lawrence Area

$143.00
More Expensive
per SQFT compared to the neighbourhood average
L Tower's Avg
price per SQFT
$1,204
/ SQFT
Neighbourhood Avg
price per SQFT
$1,061
/ SQFT

Building Trends At L Tower

Days on Market

Units at L Tower spend an average of
17
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
5%
above
the 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
6
YEARS before being sold again

Property Value

4%
Increase in property value within the past twelve months

Price Ranking

9th
Highest price per SQFT out of 64 condos in the St. Lawrence area

Sold Units

33
Units were Sold over the past twelve months

Rented Units

109
Units were Rented over the past twelve months

Best Value

L Tower offers the
?
best value out of 64 condos in the St. Lawrence neighbourhood

Return on Investment

L Tower has the
?
highest ROI out of 64 condos in the St. Lawrence neighbourhood

Rental Yield

L Tower yields the
?
highest rent prices out of 64 condos in the St. Lawrence neighbourhood

High Demand

L Tower is the
?
most popular building out of 64 condos in the St. Lawrence neighbourhood

Sales vs Rental Values For This Condo

1 Bed499 - 700 SQFT
Average Cost Per Sqft$1,178
Sales Price Range$640,000 - $710,000
Rental Price Range$1,795 - $2,700
1 Bed + Den600 - 992 SQFT
Average Cost Per Sqft$1,070
Sales Price Range$665,000 - $995,000
Rental Price Range$1,900 - $3,150
2 Bed768 - 1700 SQFT
Average Cost Per Sqft$1,040
Sales Price Range$898,000 - $1,195,000
Rental Price Range$2,900 - $5,000
2 Bed + Den1000 - 1699 SQFT
Average Cost Per Sqft$1,037
Sales Price Range$1,050,000 - $1,630,000
Rental Price Range$3,300 - $4,000

How Often Are Units Listed?

Studio400 - 470 SQFT
Average Sales Availability
Every131Days
Average Rental Availability
Every101Days
Ratio of Unit Type in Building2%
1 Bed482 - 849 SQFT
Average Sales Availability
Every34Days
Average Rental Availability
Every14Days
Ratio of Unit Type in Building26%
1 Bed + Den536 - 1008 SQFT
Average Sales Availability
Every25Days
Average Rental Availability
Every8Days
Ratio of Unit Type in Building43%
2 Bed738 - 1700 SQFT
Average Sales Availability
Every40Days
Average Rental Availability
Every15Days
Ratio of Unit Type in Building22%
2 Bed + Den821 - 2000 SQFT
Average Sales Availability
Every64Days
Average Rental Availability
Every44Days
Ratio of Unit Type in Building9%
3 Bed2000 - 2000 SQFT
Average Sales Availability
N/A
Average Rental Availability
Every1251Days
Ratio of Unit Type in Building1%

Maintenance Fees
L Tower vs The St. Lawrence Area

$0.04
Less Expensive
per SQFT compared to the neighbourhood average
L Tower's Avg
monthly maintenance
fee per SQFT
$0.78
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.82
/ SQFT

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