Indoor foyer for 8 The Esplanade #507, Toronto Ontario M5E 0A6
6 days on Market

8 The Esplanade #507, Toronto, Ontario M5E 0A6

In the same building:
-
Condo
2
2
~800-899 sqft
$775,000
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Condo
2
2
~800-899 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$915/sqft

Monthly cost

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CMA Subject Property

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+32

Properties sold*

$657K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12418987
Community NameBay Street Corridor
Data SourceTRREB
Listing byRoyal Lepage Real Estate Associates

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

2nd Br

2.7 x 2.56

Closet / Large Window

Foyer

1.69 x 3.8

Laminate / Closet

Kitchen

4.62 x 2.18

Quartz Counter / Centre Island / Stainless Steel Appl

Dining

4.63 x 2.11

Combined W/Kitchen / Open Concept / Large Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


5Story
Amenities

Concierge, Guest Suites, Indoor Pool, Party/Meeting Room, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 22, 2025
ListedActive
$775,000
6 days on market
history photo preview35
Listing by trreb®

Market Data - Bay Street Corridor

Geo Zone Map ThumbnailBay Street Corridor

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

44 days

2023

23 days

2022

25 days

New Listings

Past 30 days

83 listings

Compared to

2024

108 listings

2023

111 listings

2022

91 listings

Units sold

Past 30 days

33 units

Compared to

2024

32 units

2023

41 units

2022

59 units

Median Sold Price

Past 30 days

$610,000

Compared to

2024

$657,000

2023

$725,000

2022

$780,000


Population and Demographics

Overview

Total population 25153
Average household income $136,822

Age (%)

0 to 19
8%
20 to 34
51%
35 to 49
18%
50 to 64
13%
65 and plus
10%

Household composition (%)

Single person
57%
Single family
30%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
55%
Mandarin
15%
Yue (Cantonese)
5%
Spanish
3%
Korean
3%
Arabic
3%
French
3%
Hindi
2%
Russian
1%
Others
1%

House tenancy (%)

Renters
69%
Owners
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget