3510-8 The Esplanade, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13629692
About this home
Welcome To The Iconic L Tower, Downtown Toronto's Architectural Landmark By Daniel Libeskind! This Bright 1 Bedroom Suite On The 35th Floor Offers An Unobstructed East Exposure With A Clear View Of Lake Ontario And Floor To Ceiling Windows That Fill The Home With Morning Light. Enjoy 9 Ft Ceilings, Hardwood Floors Throughout, Built In Stainless Steel Appliances, Granite Counters With Breakfast Bar, Upgraded Extended Kitchen Cabinets And Backsplash, Ensuite Laundry And A Walk Out To Your Open Balcony. Express High Floor Elevators Take You Home Above The City While First Class Amenities Include 24 Hr Concierge, Indoor Pool, Fully Equipped Gym, Saunas And Party Room. Literally Steps To Union Station, The PATH, St. Lawrence Market, The Financial District, Scotiabank Arena, Meridian Hall And The Waterfront. A Rare Opportunity To Own A True Lake View Suite In One Of Toronto's Most Sought After Buildings. Perfect For Professionals, First Time Buyers And Investors Seeking The Best Location In Downtown Toronto!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13629692
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Yonge/Front
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $512/mo
- Exposure
- East
- Property tax
- $2,923 / 2026
- Listing brokerage
- EXP REALTY
Listed at $499,990, and my independent estimate is about 6% below comparable homes, worth a close look.
In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $534K, median of 6 comparables.
How this estimate is builtthe short version
I take the 6 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 $491K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.
On location, this is a very walkable address with everyday errands close by. Yonge Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($910/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
Based on 6 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $947/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Yonge Street, about 53 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of July 31, 2026); conventional rates run a little higher.
Mortgage amount $399,992 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,145
- Property tax
- $244
- Condo / maintenance fees
- $512
- Heating
- $0
- Estimated monthly cost
- $2,901
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,475
- Toronto municipal land transfer tax
- $6,475
- Estimated closing costs
- $12,950
Plus your down payment of $99,998. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $128,726
- Principal paid down
- $50,640
- Interest paid
- $78,086
- Balance remaining
- $349,352
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.