404-1 The Esplanade
Waterfront Communities C8, Toronto, Ontario M5E 0A8
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $764at the range’s middle
- Tax a year
- $4,7882025 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 404-1 The Esplanade
404-1 The Esplanade is a 2+1-bedroom, 2-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $725,000 (MLS® C13135806).
Welcome To 1 The Esplanade Suite 404, one of the largest units at the coveted Backstage condos! This spacious and well-designed suite offers almost 1000sqft of elegant living space, featuring 2 + 1 bedrooms and 2 full bathrooms - ideal for professionals, families, or those seeking a vibrant downtown lifestyle in the best location of the city. This model suite includes updated finishes and features custom blinds, kitchen island, undermount lighting, mirrored closet doors, upscale lighting, large primary bedroom with walk-in closet, and a separate dining area! Exceptional building amenities include guest suites, party room, bar and lounge, theatre room, outdoor pool & jacuzzi, and outdoor BBQ areas-offering a resort-style experience in one of downtown Toronto's most connected and desirable buildings. Located in the heart of St. Lawrence neighbourhood, this home places you steps from some of Toronto's most iconic destinations, including the famous St. Lawrence market, Hockey Hall of Fame, Toronto Islands, Skydome/Rogers Centre, the Round House, Ripley's, and Distillery District! Who needs to drive when you are steps to Union Station, Berczy Park, and the PATH system. Adding to this exceptional connectivity, Backstage Condominiums will offer direct access to Toronto's PATH network via the pedestrian connection to CIBC Tower, including a private second-floor entrance exclusively for residents! Residents enjoy easy access to the Financial District, CF Toronto Eaton Centre, Scotiabank Arena, and the waterfront along Harbourfront. Commuters will appreciate immediate access to the TTC Subway Line 1, GO Transit via Union Station, and convenient connections to the Gardiner Expressway and Don Valley Parkway.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall42/100−$910/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 26 condos with 3 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
- $4,788 / 2025
- MLS® number
- C13135806
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Existing appliances, window coverings, light fixtures. Parking easy to rent or purchase.
- Condo maint.
- $1,303
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 404-1 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 | $725,000 | N/A | For Sale | C13135806 |
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
- $145,000
- Total mortgage amount
- $580,000
- Total interest payment
- $412,400
- Total purchase cost
- $1,137,400
- Mortgage payment
- $3,308/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
42%Monthly carrying cost
$5,010- Rent $4,100
- Shortfall $910
Rental income opens at $4,100, the median asking rent of 26 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
- $10,975
- Toronto municipal land transfer tax
- $10,975
- Total land transfer tax
- $21,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $13,475
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 $725,000
- $6,500
- Ontario total
- $10,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,975.
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
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
16 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Proposed interior alterations to accomadate new pedestrian bridge across Yonge Street from 141 Bay St Office Tower
Issued November 23, 2023
Building Permit Related(MS)Closed
HVAC - Proposed interior alterations to accomadate new pedestrian bridge across Yonge Street from 141 Bay St Office Tower
Issued November 23, 2023
Addition(s)Closed
Alterations to incorporate a new pedestrian bridge across Yonge Street from 141 Bay Street Office Tower
Issued May 25, 2023
Building Permit Related(FS)Application On Hold
FS - Sprinkler Shop Drawing - Alterations to incorporate a new pedestrian bridge across Yonge Street from 141 Bay Street Office Tower
Applied May 18, 2023
Fire AlarmClosed
Proposal to replace the Fire Alarm Panel in the P1 Communication Room.
Issued March 24, 2021
Fire AlarmClosed
Proposal to replace the Fire Alarm Panel in the main Tower CACF Room
Issued March 22, 2021
Sign Building Permit RelatedClosed
To erect and display two overhanging structure signs both illuminated and displaying static copy on the northerly elevation, each measuring 3.05 m by 0.30 m at a height of 3.35 m. **REALTY PARTNERS** **GATEWAY NEWS**
Issued May 24, 2018
Building Permit Related(PS)Inspection
Plumbing - Proposal for interior alterations for tenant fit out of ground floor unit 2
Issued April 27, 2018
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.
1 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.
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 away20 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).
170 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).
190 m away53 FREELAND STSite planUnder Review
Site Plan Approval application to facilitate the development of Block 4 of the former LCBO lands, part of the comprehensively planned Lower Yonge Precinct. Blocks 1 and 2 of the LCBO lands are already under development, and Block 3 has been conveyed as a City Park. The proposal is comprised of 3 towers having heights of 70, 78, and 85 storeys atop individual mixed-use podiums. The north building includes a 990 m² daycare and space for a 5,613 m² elementary public school, both to be located in the existing heritage building on site. A total of 1,753 m² of non-residential floor area is proposed as well as 171,950 m² of residential GFA, resulting in 2,570 residential units including 178 affordable housing units.
250 m away49 YONGE STCondominiumUnder Review
*** 258 units.
260 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
- $589K
- New in 7 days
- 24
- Price cuts
- 19%
Middle half: $500K to $800K
77 in 28 days
37 listings
This home is asking 23% 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 | 400 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 750 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 800 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.1 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 |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 1 km | 78%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 1.1 km | 99%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 | 1.1 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 | 1.9 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.