808-8 The Esplanade, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13569158

$4,000/mo
For Lease
Listed 7 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

There's "downtown living," and then there's the absolute power move of showing up with nothing but a suitcase and immediately living like a design editor. Welcome to Suite 808 at 8 The Esplanade-a south-east corner sanctuary that delivers 826 square feet of refined, FULLY FURNISHED luxury. This isn't some uninspired rental; it's a turnkey masterpiece designed for the urbanite who refuses to spend their weekends assembling flat-pack furniture. The bones here are spectacular. Framed by nine-foot ceilings, pot lights, and rich hardwood floors, the layout feels bright, fluid, and intentional. The kitchen is a total design flex, custom-penned by the heavyweights at Munge Leung. With cool marble countertops, a proper center island, and a full suite of integrated premium Miele appliances, it's a space that looks just as good hosting a dinner party as it does pouring a quiet morning espresso. Step out onto the south-facing balcony for a massive infusion of natural light and a glimpse of the lake and harbour-a subtle reminder that the waterfront is your backyard. When the city life catches up to you, the primary suite treats you to a spa-inspired ensuite complete with a deep soaker tub meant for actual unwinding. Because true luxury always respects logistics, you also get an in-suite Miele washer/dryer, a dedicated locker, and a highly coveted parking spot inside this prestigious, LEED-certified address. The amenities here don't mess around either: a 24-hour concierge who actually knows the neighborhood secrets, an indoor pool, a real spa, and a fitness centre that rivals your boutique gym membership. Location-wise, you're at the literal axis of the city's best-steps to Union Station, St. Lawrence Market, the Financial District, and Toronto's top-tier dining rooms. Turnkey. High-Design. Completely effortless. Just bring your toothbrush and your standards.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13569158
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Yonge & The Esplanade
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
7
Listing brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Rooms

Primary BedroomFlat3.40 × 3.10 m

4 pc ensuite · pocket doors · hardwood floor

Living RoomFlat4.15 × 3.35 m

open concept · se view · hardwood floor

KitchenFlat4.42 × 3.90 m

b/i appliances · centre island · hardwood floor

Bedroom 2Flat3.50 × 2.90 m

south view · b/i closet · hardwood floor

Dining RoomFlat4.42 × 3.90 m

w/o to balcony · breakfast area · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,238/moest. value

Listed at $4,000/mo, this rental is about 24% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C8 lately, landlords have been getting about 100% of asking and homes lease in about 13 days.

Based on 56 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 56 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,800/mo
  • Adjusts to $3,800/mo

That comparable adjusts to $3,800/mo; the $3,238/mo estimate above is the median of all 56 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$3,047/moBelow market$4,000/moAbove market

Total price vs nearby homes. Fair value about $3,238/mo, median of 56 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$3,530avg asking

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

1022-118 Merchants' Wharf Avenue$3,8007309-55 Cooper Street$3,500201-15 Merchants' Wharf$3,500510-15 Merchants' Wharf$3,5007701-55 Cooper Street$3,350

The 5 closest of 8 active listings nearby.

See all comparable homes
4,000This home3,8003,5003,5003,5003,350This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $3K
45active listings nearby
7days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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
$2K
Waterfront Communities C1
$2K
Church-Yonge Corridor
$2K
Bay Street Corridor
$2K
North St. James Town
$2K

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 · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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.

88%mortgage
Mortgage $18Property tax $3Total carry $21

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)
$17per month

Mortgage amount $3,200 · 4.14% over 25 years

$800Down payment (20.0%)
$3,200Loan before insurance
$0CMHC premium
$20Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20

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

One-time closing costs

Ontario land transfer tax
$20
Toronto municipal land transfer tax
$20
Estimated closing costs
$40

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

Mortgage stress test

6.14%Qualifying rate
$21/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

$1,923Total interest paid
$5,123Total of all payments
Principal $3,200 Interest $1,923
YearPrincipalInterestBalance
1$75$130$3,125
2$78$127$3,047
3$81$124$2,966
4$85$120$2,881
5$88$117$2,792
6$92$113$2,700
7$96$109$2,605
8$100$105$2,505
9$104$101$2,401
10$108$97$2,292
11$113$92$2,179
12$118$87$2,062
13$123$82$1,939
14$128$77$1,811
15$133$72$1,678
16$139$66$1,540
17$144$61$1,395
18$150$54$1,245
19$157$48$1,088
20$163$42$925
21$170$35$755
22$177$28$577
23$185$20$393
24$192$13$200
25$200$4$0

At the end of your 5-year term

Total paid over the term
$1,025
Principal paid down
$408
Interest paid
$617
Balance remaining
$2,792

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.

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

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