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    1608 - 1 The Esplanade

    For SaleBackstage on the Esplanade
    $830,000
    2 Beds
    2 Bath
    1 Parking
    880 SQFT
    60 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,212/mth
    Taxes:
    $4,471 (2024)
    Cost Per Sqft:
    $943/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    October 23, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Hardwood Floor, Centre Island, Stainless Steel Appliances
    8.27 x 7.87ft
    Living
    Hardwood Floor, Combined with Dining, Walkout To Balcony
    8.5 x 8.2ft
    Dining
    Hardwood Floor, Combined with Living, South View
    13.71 x 12.76ft

    About this Listing

    A symphony of space in the rhythm of downtown; Welcome to Backstage on the Esplanade. This corner suite, in its landmark location, is defined by tall wraparound windows that frame quintessential Toronto city & lake views. Proudly positioned moments from Bay St, The Harbourfront, Berczy Park, & the Distillery, this home places you at the centre of Toronto's cultural, financial & entertainment stage. An open-plan spans nearly 900 sq. ft., effortlessly blending living & leisure. The southeasterly exposure bathes the space in soft, light that dances across rich hardwood flrs from morning to night, complemented by motorized shades that provide a veil of privacy at the click of a button. A sleek kitchen w/ stone counters & center island is perfectly positioned to capture city vistas while remaining connected to the main living space.The split-bedrm layout offers a duet of privacy, w/ each bedrm serving as its own peaceful retreat on opposite sides of the living space. The primary provides ample closet space, 3-piece ensuite & lrg windows that invite the morning sun to serenade you awake.This meticulously managed condo hits all the right notes with state-of-the-art amenities, including fitness centre, sauna, luxurious entertainment suite, theatre rm & dedicated 24/7 concierge services. Whether you're finding your flow in the yoga room or soaking in the sun at the epic rooftop pool with CN Tower views, every detail is orchestrated for your comfort and convenience. Parking & locker round out this incredible offering. Enjoy a diverse array of world class restaurants, shopping, galleries, museums, concert& sporting venues. Take-in the symphony of sights& sounds, at the St. Lawrence Market, Sugar Beach, Scotia Bank, Rogers Centre & the Eaton Centre, within walking distance and future PATH connections soon to be part of the ensemble.

    ExtrasWith Union Station just steps away, you're in perfect harmony with the rest of the city, making commuting around the city a breeze.

    sage real estate limitedMLS® #C9363199


    Amenities

    Party Room
    Visitor Parking
    Outdoor Pool
    Gym Room
    Sauna
    Bike Storage

    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%

    Maintenance Fees

    Backstage on the Esplanade vs The St. Lawrence Area

    Days on Strata

    Units at Backstage on the Esplanade spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    Backstage on the Esplanade offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Backstage on the Esplanade has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Backstage on the Esplanade yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Backstage on the Esplanade is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 1 The Esplanade

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$550,000 - $605,000$830,000 - $867,500No Data
    Avg. Cost Per SqftNo Data$902$982No Data
    Avg. Wait for Unit Availability171 Days47 Days67 Days869 Days
    Ratio of Units in Building12%57%31%1%

    Transactions vs Inventory

    Total number of units listed and sold in St. Lawrence