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    Toronto / Downtown / St. Lawrence

    406 - 8 The Esplanade

    For RentL Tower
    5.0
    $2,700/mth
    1 Bed + 1
    1 Bath
    0 Parking
    643 SQFT
    1 Day on Strata
    Est Lease Timeframe
    18 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    March 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Yes
    Exposure:
    North West
    Locker:
    None
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Windows Floor to Ceiling, Wood Floor
    16.14 x 8.99ft
    Dining
    Combined with Living, Wood Floor, Windows Floor to Ceiling
    16.14 x 8.99ft
    Bedroom
    Windows Floor to Ceiling, Wood Floor
    9.97 x 9.22ft

    About this Listing

    Location, Location, Location. This 1 Bedroom + Den is corner unit in iconic L Tower designed by Daniel Libeskind. Unit boasts 11 ft high ceiling. State of the art lights, custom blinds and gleaming wood floor throughout the entire unit. Floor to ceiling windows on West and North keep the place filled with natural light. Modern kitchen is equipped with integrated Miele appliances, granite countertop and backsplash. Steps away from Union Station, Go Train and Go Bus terminal, St. Lawrence Market, the Financial District, waterfront, Eaton Centre, CN Tower and Air Canada centre. Fully furnished with high end luxurious furniture. Just bring your personal belongings and begin to enjoy best of downtown Toronto life.

    ExtrasCustom blinds , modern high end lighting, ceiling fan, Miele Fridge, stove, microwave oven, hoodfan, dishwasher, washer and dryer.

    homelife/cimerman real estate limitedMLS® #C12020514

    Amenities

    Indoor Parking
    Sauna
    Media Room
    Guest Suites
    Visitor Parking
    Party Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    L Tower vs The St. Lawrence Area

    Building Trends At L Tower

    Days on Strata

    Units at L Tower spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in St. Lawrence

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 71 condos in the St. Lawrence area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    98
    Units were Rented over the past twelve months

    Best Value Rank

    L Tower offers the
    ?
    best value out of 71 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    L Tower has the
    ?
    highest ROI out of 71 condos in the St. Lawrence neighbourhood

    Rental Yield

    L Tower yields the
    ?
    highest rent prices out of 71 condos in the St. Lawrence neighbourhood

    High Demand

    L Tower is the
    ?
    most popular building out of 71 condos in the St. Lawrence neighbourhood

    Transaction Insights at 8 The Esplanade

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$569,000 - $645,000$632,000 - $706,000$890,000 - $1,295,000$1,278,000No Data
    Avg. Cost Per SqftNo Data$1,062$1,021$1,066$1,030No Data
    Avg. Wait for Unit Availability887 Days37 Days27 Days49 Days90 DaysNo Data
    Ratio of Units in Building2%28%42%21%9%1%

    Transactions vs Inventory

    Total number of units listed and leased in St. Lawrence