808-25 The Esplanade, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13540836

$990,000
For Sale
Listed 9 days ago
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3Bedrooms
2Bathrooms
0Parking
1200-1399Sq Ft

About this home

Welcome to this beautifully appointed 2+1 bedroom, 2-bathroom suite offering over 1,200 sq. ft. of bright, functional living space in one of Toronto's most desirable downtown locations. The spacious den is currently used as a third bedroom, making this an ideal home for families, professionals, or investors. The thoughtfully designed open-concept layout seamlessly connects the modern kitchen, living, and dining areas-perfect for entertaining or everyday living. Floor-to-ceiling windows fill the home with natural light, while full-size ensuite laundry and abundant storage provide exceptional convenience. The spacious primary suite features a private ensuite bathroom and a rare walk-in ensuite storage room/locker, a highly sought-after feature that offers valuable additional storage without compromising living space. Enjoy exceptional value with maintenance fees that include heat, air conditioning, electricity, and water. The building is professionally managed and meticulously maintained, reflecting pride of ownership throughout. For added peace of mind, the status certificate has already been ordered. Ideally located just steps from the waterfront, St. Lawrence Market, Union Station, the UP Express, Scotiabank Arena, Meridian Hall, the Financial District, the PATH network, and an endless selection of restaurants, cafés, shopping, and entertainment, this residence offers an unbeatable combination of luxury, convenience, and vibrant city living. Experience the very best of downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13540836
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Yonge and Front
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,037/mo
Exposure
North
Property tax
$3,861 / 2025
Days on market
9
Listing brokerage
EXP REALTY

Rooms

Dining RoomMain1.18 × 0.88 m

combined w/living · open concept

Living RoomMain1.28 × 1.02 m

hardwood floor · combined w/dining · north view

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.09Mest. value

Listed at $990,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $758K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.78M
  • Bathrooms −$15K
  • Adjusts to $1.76M

That comparable adjusts to $1.76M; the $1.09M estimate above is the median of all 14 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$990KGreat deal$1.68MOverpriced

Total price vs nearby homes. Fair value about $1.09M, median of 14 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.79Mavg asking

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

324-55 Merchants' Wharf Street$1.70M5811-55 Cooper Street$1.78M815-39 Queens Quay$1.89M

The 3 closest active listings nearby.

See all comparable homes
990kThis home1.70M1.78M1.89MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $968K
$762this home / sqft
24active listings nearby
9days on market

This home lists 23% below the area average of $995/sqft.

8 days longer than the Toronto average (1 days).

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.

Getting around

0/ 100

Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$718K
Church-Yonge Corridor
$628K
Annex
$929K
Mimico
$872K
Willowdale East
$489K

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
$4,512/mo
$204KIncome needed
4.8×Price ÷ income
$1,041Weekly 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.

77%mortgage
Mortgage $4,512Property tax $322Condo fee $1,037Total carry $5,871

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,226per month

Mortgage amount $792,000 · 4.14% over 25 years

$198,000Down payment (20.0%)
$792,000Loan before insurance
$0CMHC premium
$5,585Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,226
Property tax
$322
Condo / maintenance fees
$1,037
Heating
$0
Estimated monthly cost
$5,585

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

One-time closing costs

Ontario land transfer tax
$16,275
Toronto municipal land transfer tax
$16,275
Estimated closing costs
$32,550

Plus your down payment of $198,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,133/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

$475,922Total interest paid
$1,267,922Total of all payments
Principal $792,000 Interest $475,922
YearPrincipalInterestBalance
1$18,554$32,163$773,446
2$19,330$31,387$754,116
3$20,138$30,578$733,978
4$20,981$29,736$712,997
5$21,858$28,858$691,139
6$22,773$27,944$668,366
7$23,725$26,992$644,641
8$24,718$25,999$619,923
9$25,752$24,965$594,171
10$26,829$23,888$567,343
11$27,951$22,766$539,392
12$29,120$21,597$510,272
13$30,338$20,379$479,934
14$31,607$19,110$448,327
15$32,929$17,788$415,397
16$34,307$16,410$381,091
17$35,742$14,975$345,349
18$37,237$13,480$308,113
19$38,794$11,923$269,319
20$40,417$10,300$228,902
21$42,107$8,610$186,795
22$43,869$6,848$142,926
23$45,704$5,013$97,222
24$47,615$3,102$49,607
25$49,607$1,110$0

At the end of your 5-year term

Total paid over the term
$253,584
Principal paid down
$100,861
Interest paid
$152,723
Balance remaining
$691,139

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$4,100/mo
$49,200Gross annual rent
2.7%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.

5.0%
Gross yield
− Property tax $3,861− Condo fees $12,449− Insurance $600− Vacancy & upkeep $5,412Net operating income $26,878

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

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