8 The Esplanade #5504 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $1,002,320. It has 1000-1199 sq ft of living space.
1Unit 5504 At The L Tower Is A Fantastic North West Corner Unit That Offers Fantastic 2 Bedroom And 2 Bath Setup With Breathtaking City And Water Views!
2Floor To Ceiling Window Throughout, Filling The Entire Unit With Light.
3Living In The 6Ix Cannot Get Any More Convenient Than This Location.
Unit 5504 At The L Tower Is A Fantastic North West Corner Unit That Offers Fantastic 2 Bedroom And 2 Bath Setup With Breathtaking City And Water Views! Floor To Ceiling Window Throughout, Filling The Entire Unit With Light. Steps To St Lawrence Market, Union Station, Financial Centre, Entertainment, The Distillery, The Harbour Front, Scotiabank Arena, Roger Centre And The Airports. Living In The 6Ix Cannot Get Any More Convenient Than This Location. Building Amenities: Gym, Indoor Pool, Sauna, Theatre Room, Party/Meeting Room, Guest Suites Etc.***CN Tower is no longer visible, as it is blocked by CIBC North Tower; Photos are from Previous Listing Prior to Current Tenant, Actual Current Setup and Furniture at the Property Are Different from the photos***
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $1,002 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 8 The Esplanade #5504
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
8 The Esplanade #5504 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13716608$1,002,320
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8 The Esplanade #5504 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,924
/mo
based on the purchase price of $1,002,320
$200,464 cash
$801,856 financed
$675,373 total interest
Principal54%$801,856
Interest46%$675,373
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $1.0M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4977.1%On average, homes sold at or above asking.
Active listings12,793Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 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
5 for sale · 3 for rent at 8 The Esplanade — plus its sale and lease history.
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express380 m5 min walk
Loading schools, parks, groceries and more nearby…
Transit
King Station (Line 1)4 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)5 min walk
St. Andrew Station (Line 1)9 min walk
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
8 The Esplanade #5504 is listed at $1,002,320 (MLS® C13716608). Summitly updates the price as soon as the MLS® record changes.
Is $1,002,320 a good price for 8 The Esplanade #5504?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 8 The Esplanade #5504 changed?
No — 8 The Esplanade #5504 is still listed at its original asking price of $1,002,320.
How many bedrooms and bathrooms does 8 The Esplanade #5504 have?
8 The Esplanade #5504 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 8 The Esplanade #5504 close to transit?
The nearest rapid-transit station is King Station (Line 1), about 320 m (about a 4-minute walk) in a straight line. Union Station is about 380 m (about a 5-minute walk), and St. Andrew Station is about 710 m (about a 9-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 8 The Esplanade #5504?
About $4,924 a month — principal and interest on $1,002,320 with 20% down ($200,464), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 8 The Esplanade #5504 compare with other homes in Toronto?
Its asking price of $1,002,320 is about 18% above the median sold price in Toronto over the last 90 days, $849,000, across 9,532 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 8 The Esplanade #5504 been sold before?
Summitly has no earlier MLS® sale or lease of 8 The Esplanade #5504 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 The Esplanade #5504?
8 The Esplanade #5504 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 The Esplanade #5504 been on the market?
49 days — 8 The Esplanade #5504 was listed on August 26, 2026.
What is the price per square foot of 8 The Esplanade #5504?
About $836 to $1,002 per square foot: the asking price of $1,002,320 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 8 The Esplanade #5504 have parking or a garage?