$539,000

For saleJust listed

#913 25 The Esplanade, Toronto (Waterfront Communities) - Single Family for Sale

#913 25 The Esplanade, Toronto (Waterfront Communities), Ontario, M5E1W5

2 beds1 bath0 parking650 ft²$590/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $539,000, it is attractively priced about 14% below the $629,900 median asking price in Toronto. It has been on the market 6 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 25 The Esplanade, where sophisticated downtown living meets unbeatable convenience in the heart of Toronto. This beautifully updated condo offers a bright and inviting open-concept living and dining space, complemented by elegant engineered hardwood flooring and sleek glass closet doors. The modern kitchen comes with a Fridge, Stove, Dishwasher, microwave and a convenient breakfast bar, while the recently renovated bathroom, adds a fresh, contemporary touch. The home has also been freshly painted and features a brand-new fan coil unit offering added peace of mind and comfort, along with a 10-year warranty. Enjoy exceptional building amenities, including a spectacular 33rd-floor amenity level and a 7th-floor garden and BBQ area, perfect for relaxing or entertaining. Ideally located just steps from Union Station, the Gardiner Expressway, world-class restaurants and entertainment, St. Lawrence Market, Lake Ontario, and an incredible selection of everyday conveniences including Longo's, Metro, Loblaws, Farm Boy, LCBO, and so much more. This is downtown Toronto living at its finest - stylish, updated, and perfectly positioned for an incredible urban lifestyle. (id:66096)

Property Details

MLS®: C14133918
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $590/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,224.56/yr
Listed: 6 days ago

Rooms

Flat

Kitchen: 3.57 x 2.47 meters
Dining room: 2.47 x 2.99 meters
Living room: 9.3 x 9.9 meters
Den: 9.3 x 9.9 meters
Bedroom: 2.33 x 3.04 meters

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

Features

Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$830

List price

$539K

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 2-bed single family in Toronto (Waterfront Communities) has been listed for 6 days, which is 51 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · DAVID VU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5E)

This home lists at $539,000, about 5.5× the local median household income of $98,000.

Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — roughly 7% above 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)

$539,000· $830/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$185/mo

Condo fee$590/mo

Total monthly$3,603

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$14,510

Est. closing costs$4,117

Total cash needed$47,527

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