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5504 - 8 The Esplanade N/A
Waterfront Communities C8, Toronto
$1,002,320
Unit 5504 At The L Tower Is A Fantastic North West Corner Unit That Offers Fantastic 2 Bedroom And 2 Bath Setup With Breathtaking City And Water Views! Floor To Ceiling Window Throughout, Filling The Entire Unit With Light. Steps To St Lawrence Market, Union Station, Financial Centre, Entertainment, The Distillery, The Harbour Front, Scotiabank Arena, Roger Centre And The Airports. Living In The 6Ix Cannot Get Any More Convenient Than This Location. Building Amenities: Gym, Indoor Pool, Sauna, Theatre Room, Party/Meeting Room, Guest Suites Etc.***CN Tower is no longer visible, as it is blocked by CIBC North Tower; Photos are from Previous Listing Prior to Current Tenant, Actual Current Setup and Furniture at the Property Are Different from the photos***
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,219 |
| Locker | Owned |
| Balcony | None |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $6,115 |
| mls© Number | C13716608 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,130
- Property tax
- $510
- Heat allowance
- $150
- Condo fees, half counted
- $610
- Housing costs
- $6,399 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$197,000
gross annual household income
- Payment at 4%
- $4,218 / mo
- Cash down
- $200,464
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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