1605-8 The Esplanade
Waterfront Communities C8, Toronto, Ontario M5E 0A6
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $776at the range’s middle
- Tax a year
- $4,2592026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 1605-8 The Esplanade
1605-8 The Esplanade is a 1+1-bedroom, 2-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $659,000 (MLS® C14031278).
Location. Space. Light. Views. This exceptional 1+den corner unit at The L Tower delivers all four - with 840 sq. ft. of thoughtfully designed living space, an impressive size for a downtown Toronto condo. Floor-to-ceiling windows throughout fill the living space with an abundance of natural light while capturing panoramic city views from multiple exposures. The spacious bedroom features a private ensuite, while the generously sized den is ideal for a dedicated home office - perfect for today's working professional. The functional layout features a gourmet corner kitchen with plenty of counter space and ample storage, seamlessly connecting to the living area to create a practical and inviting space for both everyday living and entertaining. Enjoy quality finishes throughout, including rich engineered hardwood flooring, upgraded countertops and premium Miele stainless steel appliances. Set in one of downtown Toronto's most sought-after locations, you're steps from the waterfront, Union Station, the PATH, St. Lawrence Market, restaurants, cafés, entertainment and transit. A rare opportunity to enjoy the space of a larger home with the convenience and energy of downtown living. Residents of The L Tower enjoy exceptional amenities, including 24-hour concierge service, an indoor pool, state-of-the-art fitness facilities, sauna. One storage locker is also included. A true standout: exceptional size, corner exposure, spectacular views and an unbeatable location.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall29/100−$1,301/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 83 condos with 2 bedrooms for lease in Waterfront Communities C8 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,259 / 2026
- MLS® number
- C14031278
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 1 × 2pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Existing Built-In Kitchen Appliances, Washer, Dryer. All Existing Light Fixtures. Wall Sconces In Bedroom. All Existing Window Coverings. White Floating Shelf, TV and TV Bracket In Den. One Storage Locker.
- Condo maint.
- $839
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.72 × 6.9 m | hardwood floor, W/O To Balcony, Combined W/Dining | Flat |
| Dining | 3.72 × 6.9 m | hardwood floor, Open Concept, Combined W/Living | Flat |
| Kitchen | 2.2 × 2.96 m | Open Concept, hardwood floor, Stainless Steel Appl | Flat |
| Primary | 3.24 × 3.34 m | hardwood floor, Mirrored Closet | Flat |
| Den | 2.41 × 3.28 m | Hardwood Floor | Flat |
Listing history
Buy/sell history for 1605-8 The Esplanade, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $659,000 | N/A | Sc | C14031278 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $131,800
- Total mortgage amount
- $527,200
- Total interest payment
- $374,900
- Total purchase cost
- $1,033,900
- Mortgage payment
- $3,007/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
55%Monthly carrying cost
$4,201- Rent $2,900
- Shortfall $1,301
Rental income opens at $2,900, the median asking rent of 83 comparable homes for lease in Waterfront Communities C8. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,655
- Toronto municipal land transfer tax
- $9,655
- Total land transfer tax
- $19,310
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $10,835
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $659,000
- $5,180
- Ontario total
- $9,655
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,655.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m60 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.4 m below ground nearbyThe middle water level in the well records within 500 m (314 records). It changes with the season and from spot to spot.500 m
- Bedrock about 6.1 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 218 building permits issued within 250 m in the last 2 years250 m
- 16 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.9 km1.9 km
- Mapped parcel: about 32,280 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 100 m100 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 610 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 3 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
10 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionPermit Issued
Demolition and structural repairs to building mechanical room slab at level61 wwi damaged by crane counterweights.
Issued February 24, 2023
Re-Roofing/Re-CladdingPermit Issued
Proposal to dismantle collapsed counter weight and relocate counter weights to BMU slab within the roof area in the existing apartment building.
Issued May 27, 2022
Other(BA)Cancelled
Proposal to install a 2 hour fire rated door equipped with fire exit push bar and fire-rated hinges and hardware. ( Related to Base permit # 13-135016 )
Completed July 14, 2022
Alternative SolutionApproved
To address the use of single stage manual pull stations, in a two stage fire alarm system
Completed November 30, 2017
Multiple ProjectsClosed
Proposal to construct a 61 sty (including mech) condo tower with 3 levels of below ground parking in conjunction with existing performing arts centre. "Sony Centre for the Performing Arts". New address - 8 The Esplanade.
Issued July 21, 2016
Building Permit Related(MS)Closed
HVAC Revision - Mechanical pethouse - level 57/58.
Issued December 4, 2014
Building Permit Related(PS)Closed
Revision to layout of penthouse suite on levels 57 and 58.
Issued December 4, 2014
SprinklersClosed
Sprinkler permit in conjunction with 10 101476 BLD.
Issued November 18, 2014
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
20 FRONT ST WSite planOMB Appeal
Site Plan application for a 40-storey mixed-use building that would integrate the existing designated heritage building into the base of the tower and would contain approximately 625 square metres of retail space on the ground floor and 480 rental dwelling units above (including 16 affordable units).
120 m away1 FRONT ST WSite planUnder Review
Site Plan Control applicaiton to permit two towers on top of the existing heritage designated Dominion Public Building. A total gross floor area (GFA) of 89,058 square metres is proposed, consisting of 408 residential units, 253 hotel rooms, 5,082 square metres of retail and 36,022 square metres of office.
130 m away22 FRONT ST WSite planOMB Appeal
Site Plan application for a 40-storey mixed-use building that would integrate the existing designated heritage building into the base of the tower and would contain approximately 625 square metres of retail space on the ground floor and 480 rental dwelling units above (including 16 affordable units).
150 m away141 BAY STSite planUnder Review
Site Plan Control applicaiton to permit two towers on top of the existing heritage designated Dominion Public Building. A total gross floor area (GFA) of 89,058 square metres is proposed, consisting of 408 residential units, 253 hotel rooms, 5,082 square metres of retail and 36,022 square metres of office.
150 m away49 YONGE STSite planUnder Review
Site Plan application to permit a 60-storey mixed-use building with 1,757 square metres of non-residential gross floor area on the first five storeys and 256 dwelling units above. Portions of the south and west facades of the existing designated heritage building would be integrated into the development.
200 m away49 YONGE STCondominiumUnder Review
*** 258 units.
200 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C8 right now
- For sale now
- 190
- Median asking price
- $587K
- New in 7 days
- 24
- Price cuts
- 20%
Middle half: $500K to $800K
77 in 28 days
38 listings
This home is asking 12% above the median.
See all homes in Waterfront Communities C8Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 300 m |
| King Station | TTC subway: Line 1 Yonge-University | 350 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 700 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 750 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 550 m | 65%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 1 km | 99%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 1 km | 78%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.2 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1 km | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.6 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.8 km | 8%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C8 are shown to signed-in members.