8 The Esplanade AveUnit 5601
2Beds + Den
3Bath
1678SQFT
$2,130,000
8 The Esplanade AveUnit 5601
$2,130,000
2Beds + Den
3Bath
1678SQFT
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
36
Cost per SQFT
$1,269/sqft
Maintenance
$1,368/mth
Taxes
$7,827
Outdoor Space
Open
Exposure
South West
Possession Date
May 2, 2022
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo

8 The Esplanade | Unit #5601 at L Tower

About the Property

On Cloud 5601. Spectacular Unobstructed Southwest Views From The Iconic L Tower Overlooking The Cn Tower And Lake. 1,678 Sq Ft Of Living Space, 2 Bedrooms + Den & 2.5 Baths. 2 Car Parking & Massive 350 Sq Ft Storage Room. Soaring 10Ft Ceilings & Floor-Ceiling Windows. Custom California Closets & Automatic Blinds Throughout. Miele Appliance Package. Make This Sub-Penthouse In The Sky Your Own.

Extras

Inclusions: Automatic Blinds, California Closets, Fridge, Stove, Oven, Microwave. Dishwasher; Range Hood, Washer & Dryer. All Elf's.

Brokerage: milborne real estate inc., brokerageMLS® #C5583495

Market Temperature
Buyer's Market
Balanced
Seller's Market

Book A Showing

Select a Date and Time
Thursday
26
May
Friday
27
May
Saturday
28
May

Viewings are free and there's no obligation.

Room Dimensions

AreaDetails
Living29.69 x 15.09ftOpen Concept, Window Flr To Ceil
Kitchen10.2 x 8.99ftGalley Kitchen, Built-in Appliances
Prim Bdrm11.94 x 12.27ftWalk-in Closet
Bathroom14.73 x 7.32ft5 Piece Ensuite
2nd Bedroom15.75 x 9.22ftWalk-in Closet
Den10.07 x 10.37ftLarge Window

Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

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

Travel Times

Listing History for Unit 5601

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

108
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$1,825 - $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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