$448,800

For sale

#1005 1 The Esplanade Drive, Toronto (Waterfront Communities) - Single Family for Sale

#1005 1 The Esplanade Drive, Toronto (Waterfront Communities), Ontario, M5E0A8

1 bed1 bath0 parking550 ft²$711/mo condo feeListed 81 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $448,800, it is attractively priced about 29% below the $629,900 median asking price in Toronto.

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Description

Stunning One-Bedroom Corner Suite, Featuring Floor-To-Ceiling Wraparound Windows With ton of natural light. The Modern Kitchen Includes A Granite Countertop Island. Perfect For Cooking Or Setting Up A Stylish Work-From-Home Space. Ideally Located Steps From Union Station, The Financial District, The Iconic St. Lawrence Market, Sony Centre, Waterfront Trails, And World-Class Dining. Building Amenities Include A 24/7 Concierge, Fully Equipped Gym, And A Rooftop Terrace With An East-Facing Pool And BBQs. With Transit At Your Doorstep And The Gardiner Expressway Just A Block Away, Commuting Is A Breeze. This Unbeatable Downtown Location Checks All The Boxes! (id:66096)

Property Details

MLS®: C13684498
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $711/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,714/yr
Listed: 81 days ago

Rooms

Main level

Dining room: 15.88 x 9.48 meters
Kitchen: 13.19 x 9.84 meters
Living room: 15.88 x 9.48 meters
Eating area: 10.66 x 9.25 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

81d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$817

List price

$449K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX DASH REALTY · SAVANNAH WENG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $448,800, about 4.6× the local median household income of $98,000.

Carrying it typically needs a household income of about $87,666 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 11,779
Median age: 34.4
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5E)

$448,800· $817/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,440

Min 5%50%

Mortgage payment$2,364/mo

↳ CMHC premium ($17,054 capitalized)

Property tax (est.)$226/mo

Condo fee$711/mo

Total monthly$3,301

Cash Needed to Close

Down payment (5%)$22,440

Land transfer tax$10,902

Est. closing costs$3,846

Total cash needed$37,188

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