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    for sale
    60 Days on Strata

    507 - 8 The Esplanade

    $775,000
    2 Beds
    2 Bath
    1 Parking
    826 SQFT
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    Price History


    Maintenance Fees:
    $886/mth
    Taxes:
    $4,623 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $938/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Nov 1
    Exposure:
    South

    Amenities

    Concierge
    Guest Suites
    Indoor Pool
    Party Room
    Gym

    About this Listing

    Welcome to the iconic L Tower at 8 The Esplanade. This bright and spacious 826sqft 2-bed, 2-bath suite features a functional and open-concept layout, high ceilings, a modern sleek kitchen with premium appliances, and floor-to-ceiling windows flooding the space with natural light and showcase vibrant city views. Perfectly positioned between the Financial District, St. Lawrence Market, and Torontos Waterfront, this address puts the best of downtown living at your doorstep. Enjoy unrivalled walkability to groceries, parks, markets, dining, and culture as well as walking distance to Union Station with TTC, GO, and VIA Rail. Residents enjoy world-class amenities including an indoor pool, fitness centre, sauna, theatre room, party/meeting rooms, guest suites, and 24-hour concierge. This condo is perfect for professionals or investors seeking style, convenience, and unmatched location in the heart of the city. Welcome to unit 507 - an exceptional blend of style, convenience, and downtown lifestyle.

    ExtrasPurchase includes all existing appliances: refrigerator, stove, dishwasher, range hood, clothes washer and dryer. All ELFs.

    royal lepage real estate associatesMLS® #C12418987

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Heat Pump
    Heat Source
    Electric
    Air Conditioning Type
    Central Air

    Dimensions


    Foyer
    5.54 x 12.47ft
    Laminate, Closet
    Kitchen
    15.16 x 7.15ft
    Quartz Counter, Centre Island, Stainless Steel Appliances
    Dining
    15.19 x 6.92ft
    Combined with Kitchen, Open Concept, Large Window
    Living
    12.37 x 10.73ft
    Laminate, Open Concept
    Primary
    11.39 x 9.48ft
    Closet, 3 Piece Ensuite, Laminate
    2nd Bedroom
    8.86 x 8.4ft
    Closet, Large Window

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at L Tower spend an average of
    46
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 74 condos in the St. Lawrence area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    110
    Units were Rented over the past twelve months

    Best Value Rank

    L Tower offers the
    ?
    best value out of 74 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    L Tower has the
    ?
    highest ROI out of 74 condos in the St. Lawrence neighbourhood

    Rental Yield

    L Tower yields the
    ?
    highest rent prices out of 74 condos in the St. Lawrence neighbourhood

    High Demand

    L Tower is the
    ?
    most popular building out of 74 condos in the St. Lawrence neighbourhood

    Market Insights

    Transaction Insights at L Tower

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$520,000 - $650,000$632,000 - $865,000$890,000No DataNo Data
    Avg. Cost Per SqftNo Data$998$965$1,041No DataNo Data
    Avg. Wait for Unit Availability887 Days40 Days28 Days49 Days84 DaysNo Data
    Ratio of Units in Building2%27%42%21%9%1%

    Market Inventory

    Total number of units listed and sold in St. Lawrence