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New2 hours ago

506 - 8 The Esplanade Street

Waterfront Communities C8, Toronto

$549,000

Condo Apartment |
1 + 1 | 1 | 0 | 1
About this home

Downtown Living at Its Finest in the Iconic L Tower! Rarely offered corner 1 Bedroom + Den suite featuring 663 sq. ft. of beautifully designed living space, spectacular northwest city views and an abundance of natural light through expansive floor-to-ceiling windows. With 9-ft smooth ceilings and a sleek, sophisticated interior, this suite delivers the perfect combination of luxury, functionality and location.The contemporary kitchen impresses with premium Miele stainless steel appliances, granite countertops, stylish backsplash, undermount lighting and pot lights, opening seamlessly into the living space for effortless entertaining. The generous den is a true bonus, offering the flexibility of a second bedroom, private home office or elegant dining area.Complete with in-suite stacked laundry and a locker, plus access to outstanding amenities and 24-hour concierge service.And the location? Simply unbeatable. Steps to Union Station, the Financial District, St. Lawrence Market, the waterfront, PATH, transit, dining and entertainment. Live, work and experience Toronto from one of the city's most recognizable architectural landmarks. Perfect for end-users and investors alike-this is downtown living done right!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$645
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,300
mls© NumberC13720704
Listed ByRE/MAX ULTIMATE REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Water Included

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%
$2,810
Property tax
$275
Heat allowance
$150
Condo fees, half counted
$323
Housing costs
$3,558 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,800
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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