2313-25 The Esplanade, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13520516

$649,000
For Sale
Listed 20 days ago
2Bedrooms
2Bathrooms
0Parking
1000-1199Sq Ft

About this home

Welcome to an incredible opportunity to design your dream space in one of Toronto's most iconic buildings - 25 The Esplanade. This sprawling 1-bedroom plus den suite boasts an impressive 1,018 square feet of bright, sun-drenched living space. Sweeping views of both the city skyline and Lake Ontario highlight this exceptionally large unit, just waiting for your personal touch and imagination to unlock the immense potential of this layout! The generous floor plan includes a highly versatile den-perfect for a home office or guest space. Location is everything! Living at 25 The Esplanade puts the very best of Toronto right at your doorstep. With a 99 walk score you are mere steps from the world-famous St. Lawrence Market, the Financial District, Union Station, and the scenic waterfront. Enjoy unparalleled walkability to top-tier dining, cozy cafes, major transit hubs, and entertainment. Loads of amenities include a 24 hour concierge, top-floor lounge and party room located in the building 'nose cone,' with panoramic views and full kitchen, a well-equipped gym plus whirlpool and saunas, billiards room and boardroom, rooftop terraces overlooking lake and city and a large half-acre SkyPark deck on the sixth floor, with gas barbecues, seating and children's play space.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13520516
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Yonge and The Esplanade
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$920/mo
Exposure
North South
Property tax
$3,629 / 2025
Days on market
20
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

DenMain2.98 × 2.34 m

separate room · sliding doors

Living RoomMain6.55 × 2.99 m

Broadloom

Primary BedroomMain3.96 × 4.60 m

4 pc ensuite · double closet · broadloom

Dining RoomMain3.53 × 2.51 m

Broadloom

KitchenMain2.65 × 3.72 m

Breakfast Bar

Our TakeTeam Asgarian · Broker
In line
$658Kest. value

Listed at $649,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$628KGreat deal$774KOverpriced

Total price vs nearby homes. Fair value about $658K, median of 9 comparables.

How this estimate is builtthe short version

I take the 9 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $669K, a close match.

Schools & getting aroundcatchment and transit

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$821kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

608-70 Mill Street$769k302-70 Mill Street$725k204-308 Jarvis Street$743k1305-20 Richardson Street$968k709-170 Bayview Avenue$900k

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home769k725k743k968k900kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $900K
$590this home / sqft
20active listings nearby
20days on market
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

This home lists 38% below the area average of $953/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$975K
Waterfront Communities C1
$608K
Church-Yonge Corridor
$610K
Bay Street Corridor
$618K
Niagara
$599K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,958/mo
$143KIncome needed
4.5×Price ÷ income
$683Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,958Property tax $302Condo fee $920Total carry $4,180

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,993Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$302
Condo / maintenance fees
$920
Heating
$0
Estimated monthly cost
$3,993

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
3.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.3%
Gross yield
− Property tax $3,629− Condo fees $11,036− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,047

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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