404 - 1 THE ESPLANADE, Toronto (Waterfront Communities)

$725,000

For sale: Apartment

Apartment at 404 - 1 THE ESPLANADE, Toronto (Waterfront Communities)
Property type
Condo Apartment
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
999 sqft
MLS®
MLS® C13135806
Neighbourhood
Waterfront Communities C8

Welcome To 1 The Esplanade Suite 404, one of the largest units at the coveted Backstage condos! This spacious and well-designed suite offers almost 1000sqft of elegant living space, featuring 2 + 1 bedrooms and 2 full bathrooms - ideal for professionals, families, or those seeking a vibrant downtown lifestyle in the best location of the city. This model suite includes updated finishes and features custom blinds, kitchen island, undermount lighting, mirrored closet doors, upscale lighting, large primary bedroom with walk-in closet, and a separate dining area! Exceptional building amenities include guest suites, party room, bar and lounge, theatre room, outdoor pool & jacuzzi, and outdoor BBQ areas-offering a resort-style experience in one of downtown Toronto's most connected and desirable buildings. Located in the heart of St. Lawrence neighbourhood, this home places you steps from some of Toronto's most iconic destinations, including the famous St. Lawrence market, Hockey Hall of Fame, Toronto Islands, Skydome/Rogers Centre, the Round House, Ripley's, and Distillery District! Who needs to drive when you are steps to Union Station, Berczy Park, and the PATH system. Adding to this exceptional connectivity, Backstage Condominiums will offer direct access to Toronto's PATH network via the pedestrian connection to CIBC Tower, including a private second-floor entrance exclusively for residents! Residents enjoy easy access to the Financial District, CF Toronto Eaton Centre, Scotiabank Arena, and the waterfront along Harbourfront. Commuters will appreciate immediate access to the TTC Subway Line 1, GO Transit via Union Station, and convenient connections to the Gardiner Expressway and Don Valley Parkway.

Sold data

Homes in Waterfront Communities — recent sold market

Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $622,500.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$622,500
Sale-to-list ratio
96.4%
Sold above asking
12%

Based on 420 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 404 - 1 THE ESPLANADE