1 The Esplanade #LR2 is a retail in Toronto, listed for $589,000.
1Lawrence Market, Meridian Hall, and Hockey Hall of Fame.
2Surrounded by established retailers, restaurants, and hospitality destinations including No Frills, The Keg, Urban Maharajas, The Old Spaghetti Factory and Tim Horton's.
3An ideal opportunity for investors seeking a strategic downtown location.
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Commercial Property in Toronto
Unit LR2 at 1 The Esplanade
Prime retail purchase opportunity near the prominent corner of Yonge Street and The Esplanade in downtown Toronto. This highly visible commercial unit benefits from excellent exposure at a major intersection, and convenient access to the PATH system, CIBC Square, Union Station, the Financial District, St. Lawrence Market, Meridian Hall, and Hockey Hall of Fame. Surrounded by established retailers, restaurants, and hospitality destinations including No Frills, The Keg, Urban Maharajas, The Old Spaghetti Factory and Tim Horton's. An ideal opportunity for investors seeking a strategic downtown location. Unit is currently leased to a stable long term retail tenant. Please note that unit area is estimated.
Toronto retail priced at $589,000 — book a tour to see if it fits your search.
Inside 1 The Esplanade #LR2
Every detail from the listing, in one place.
Type
Retail
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
1 The Esplanade #LR2 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14164312$589,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1 The Esplanade #LR2 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5204.0%On average, homes sold at or above asking.
Active listings13,209Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 15 – Aug 13, 2026: prices down.
Based on 9,108 sales from Aug 13 – Nov 11, 2026 (7,230 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
9 for sale · 5 for rent at 1 The Esplanade — plus its sale and lease history.
1 The Esplanade #LR2 is listed at $589,000 (MLS® C14164312). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1 The Esplanade #LR2 changed?
No — 1 The Esplanade #LR2 is still listed at its original asking price of $589,000.
How many bedrooms and bathrooms does 1 The Esplanade #LR2 have?
The listing for 1 The Esplanade #LR2 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 1 The Esplanade #LR2 compare with other homes in Toronto?
Its asking price of $589,000 is about 30% below the median sold price in Toronto over the last 90 days, $840,000, across 9,108 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 The Esplanade #LR2 been sold before?
Summitly has no earlier MLS® sale or lease of 1 The Esplanade #LR2 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 The Esplanade #LR2?
1 The Esplanade #LR2 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 The Esplanade #LR2 been on the market?
2 days — 1 The Esplanade #LR2 was listed on November 9, 2026.
What is the lot size of 1 The Esplanade #LR2?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 1 The Esplanade #LR2?
About $16,510 at the asking price of $589,000: $8,255 Ontario land transfer tax plus $8,255 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1 The Esplanade #LR2 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1 The Esplanade #LR2?
The listing for 1 The Esplanade #LR2 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1 The Esplanade #LR2 built?
The listing for 1 The Esplanade #LR2 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
