$725,000
Toronto
#404 1 The Esplanade, Toronto (Waterfront Communities), Ontario, M5E0A8
This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 175 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 3-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?
Approximate location — exact address confirmed upon showing
This home lists at $725,000, about 7.4× the local median household income of $98,000.
Carrying it typically needs a household income of about $141,618 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5E)
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Loading rates, 30-yr amortization
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