3206-8 The Esplanade
Waterfront Communities C1, Toronto, Ontario M5E 0A6
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $865at the range’s middle
- Tax a year
- $3,6122025 tax year
- Built
- 0-5
- Parking
- 0none
- Days on market
- Members
The brief
About 3206-8 The Esplanade
3206-8 The Esplanade is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $648,000 (MLS® C12755000).
*Must assume tenant. 1 year lease term from 2025.6.1, rent $2650* Iconic L-Tower, 1 Br + Lrg Den, Steps To Union Station, Financial District, St Lawrence Market, Acc, Subway, Path, Gardiner, Lake, 9 Ft Ceilings, 700+ Sq Ft As Per Building, Hardwood Floors, Floor To Ceiling Windows, ** Must See** Express High Floor Elevators, Indoor Pool, Gym, 24 Hrs Concierge. High Security Building.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall36/100−$943/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 279 condos with 2 bedrooms for lease in Waterfront Communities C1 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
- $3,612 / 2025
- MLS® number
- C12755000
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc 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
- Fridge, Stove, Oven, Rangehood, Microwave, B/I Dishwasher. Washer, Dryer. All Elfs. All Existing Window Coverings.
- Condo maint.
- $685
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.04 × 3.35 m | Stone Counter, Centre Island, Pantry | Main |
| Living | 3.15 × 4.1 m | Laminate, Open Concept, Combined W/Dining | Main |
| Dining | 3.15 × 4.1 m | Laminate, Open Concept, Combined W/Living | Main |
| Primary | 2.77 × 4.06 m | Laminate, Window, Closet | Main |
| Den | 2.68 × 2.87 m | Open Concept, Laminate | Main |
Listing history
Buy/sell history for 3206-8 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 | $648,000 | N/A | For Sale | C12755000 |
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
- $129,600
- Total mortgage amount
- $518,400
- Total interest payment
- $368,700
- Total purchase cost
- $1,016,700
- Mortgage payment
- $2,957/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,943- Rent $3,000
- Shortfall $943
Rental income opens at $3,000, the median asking rent of 279 comparable homes for lease in Waterfront Communities C1. 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
- $9,435
- Toronto municipal land transfer tax
- $9,435
- Total land transfer tax
- $18,870
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $10,395
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 $648,000
- $4,960
- Ontario total
- $9,435
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,435.
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 m57 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 (357 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
- 207 building permits issued within 250 m in the last 2 years250 m
- 8 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.8 km1.8 km
- Mapped parcel: about 5,330 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: 60 m60 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, 590 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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.
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.
120 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.
130 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).
140 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).
160 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.
230 m away49 YONGE STCondominiumUnder Review
*** 258 units.
230 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 C1 right now
- For sale now
- 630
- Median asking price
- $629K
- New in 7 days
- 66
- Price cuts
- 21%
Middle half: $539K to $838K
248 in 28 days
132 listings
This home is asking 3% above the median.
See all homes in Waterfront Communities C1Asking 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 | 800 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 |
| 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 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 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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