8 The Esplanade St #506 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $549,000. It has 600-699 sq ft of living space.
1Downtown Living at Its Finest in the Iconic L Tower!
2Rarely offered corner 1 Bedroom + Den suite featuring 663 sq. ft. of beautifully designed living space, spectacular northwest city views and an abundance of natural light through expansive floor-to-ceiling windows.
3Steps to Union Station, the Financial District, St.
Downtown Living at Its Finest in the Iconic L Tower! Rarely offered corner 1 Bedroom + Den suite featuring 663 sq. ft. of beautifully designed living space, spectacular northwest city views and an abundance of natural light through expansive floor-to-ceiling windows. With 9-ft smooth ceilings and a sleek, sophisticated interior, this suite delivers the perfect combination of luxury, functionality and location.The contemporary kitchen impresses with premium Miele stainless steel appliances, granite countertops, stylish backsplash, undermount lighting and pot lights, opening seamlessly into the living space for effortless entertaining. The generous den is a true bonus, offering the flexibility of a second bedroom, private home office or elegant dining area.Complete with in-suite stacked laundry and a locker, plus access to outstanding amenities and 24-hour concierge service.And the location? Simply unbeatable. Steps to Union Station, the Financial District, St. Lawrence Market, the waterfront, PATH, transit, dining and entertainment. Live, work and experience Toronto from one of the city's most recognizable architectural landmarks. Perfect for end-users and investors alike-this is downtown living done right!
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $915 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 St #506
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
8 The Esplanade St #506 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13720704$549,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8 The Esplanade St #506 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
$2,697
/mo
based on the purchase price of $549,000
$109,800 cash
$439,200 financed
$369,922 total interest
Principal54%$439,200
Interest46%$369,922
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 $549K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,189Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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 St #506 is listed at $549,000 (MLS® C13720704). Summitly updates the price as soon as the MLS® record changes.
Is $549,000 a good price for 8 The Esplanade St #506?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 St #506 changed?
No — 8 The Esplanade St #506 is still listed at its original asking price of $549,000.
How many bedrooms and bathrooms does 8 The Esplanade St #506 have?
8 The Esplanade St #506 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 8 The Esplanade St #506 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 St #506?
About $2,697 a month — principal and interest on $549,000 with 20% down ($109,800), 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 St #506 compare with other homes in Toronto?
Its asking price of $549,000 is about 35% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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 St #506 been sold before?
Summitly has no earlier MLS® sale or lease of 8 The Esplanade St #506 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 The Esplanade St #506?
8 The Esplanade St #506 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 The Esplanade St #506 been on the market?
59 days — 8 The Esplanade St #506 was listed on August 27, 2026.
What is the price per square foot of 8 The Esplanade St #506?
About $785 to $915 per square foot: the asking price of $549,000 over the 600–699 sq ft the listing gives as its size range.
Does 8 The Esplanade St #506 have parking or a garage?
