1908 - 1 The Esplanade

Nestled in the vibrant heart of Toronto, the property located at 1 The Esplanade, Toronto, presents an exceptional opportunity for those seeking a condo for sale in Toronto . This stunning apartment, situated at the intersection of The Esplanade and Yonge, boasts a prime location that offers easy access to an array of amenities and attractions. The property features a spacious two-bedroom layout, complemented by two bathrooms, making it an ideal choice for individuals or small families looking for a modern living space.

The condo for sale in Toronto showcases an unobstructed South East corner view, providing an abundance of natural light and breathtaking vistas. With a total of five rooms, including a flat kitchen that is both functional and stylish, this apartment is designed for comfortable living. Although the unit is unfurnished, it presents a blank canvas for potential buyers to personalise and create their dream home. The absence of a den and additional rooms allows for an open and airy feel throughout the space.

One of the standout features of this condo for sale in Toronto is the central air conditioning system, ensuring a comfortable atmosphere year-round. The heating is provided by a forced air system, offering efficient warmth during the colder months. While the apartment does not include a fireplace or a central vacuum system, it is equipped with internet connectivity, catering to the needs of modern living.

Residents of this impressive building will benefit from a range of amenities designed to enhance their lifestyle. Although there is no swimming pool, the building offers a 24-hour concierge service, ensuring security and convenience for all residents. Additionally, a well-equipped gym and a party room provide opportunities for both relaxation and socialising. The absence of a family room may be a consideration for some, but the overall layout and amenities more than compensate for this.

Parking is made easy with one underground garage space included with the condo for sale in Toronto, making it a practical choice for those who require a vehicle. The property is currently leased at a rate of $3,700 per month, and prospective buyers should be aware that they will need to assume the current tenancy until July 31, 2026. This arrangement could be advantageous for investors looking for a rental property in a highly sought-after area.

The location of 1 The Esplanade, Toronto, is truly unbeatable. Just steps away from Union Station, residents have convenient access to public transport, including the TTC transit system, subway, and PATH, making commuting a breeze. The proximity to the Financial District, St. Lawrence Market, and a plethora of restaurants and shops adds to the appeal of this condo for sale in Toronto, ensuring that everything one might need is within easy reach.

In summary, this remarkable condo at 1 The Esplanade, Toronto, offers a unique blend of comfort, convenience, and style. With its spacious layout, modern amenities, and prime location, it is a fantastic opportunity for anyone looking for a condo for sale in Toronto. Whether you are a first-time buyer, an investor, or someone seeking a new home in a bustling urban environment, this property is well worth considering. Don't miss the chance to make this stunning apartment your own and enjoy all that the vibrant community of Waterfront Communities C8 has to offer.

Waterfront Communities C8 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This community is characterised by its stunning waterfront parks, scenic promenades, and a lively atmosphere, making it an ideal location for those who appreciate both city life and outdoor activities. With a diverse range of amenities, including trendy restaurants, shops, and cultural attractions, residents can enjoy a rich lifestyle while being just a stone's throw away from the bustling downtown core. The area is well-connected by public transport, ensuring easy access to the rest of the city, while the picturesque views of the lake provide a serene backdrop for everyday life. Whether you’re a young professional, a family, or a retiree, Waterfront Communities C8 offers a welcoming environment that caters to a variety of lifestyles.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The Downtown Alternative School, just 0.5 km away, offers a strong public education for grades JK to 8 with a commendable school rating of 8.4. For older students, the Kapapamahchakwew - Wandering Spirit School is a mere 0.1 km away, providing education for grades 9 to 12, although it currently has a lower rating. Nearby, St. Michael Catholic School, located 0.6 km from the property, serves grades JK to 8 and boasts a rating of 7.1. Additionally, St. Joseph's College School, 2.3 km away, offers a Catholic education for grades 9 to 12 with a solid rating of 7.6. For younger children, St. Mary Catholic School, also 2.3 km away, provides education in French for grades JK to 4, with a rating of 5.7. Lastly, Ryerson Community School, 2.2 km away, offers French instruction for grades JK to 8 but has a lower rating of 3.8. Overall, this area provides a variety of educational options, catering to different needs and preferences.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 3,073 residents as of 2021. The average household size is relatively low at 1.7, and the average age of residents is 42.1 years. The area boasts a healthy average household income of $115,700, although 17.1% of the population falls under the low-income bracket. Housing prices are significant, with an average price of $788,000, and a notable percentage of residents (71.09%) are renters, indicating a high demand for rental properties. The community is predominantly single, with 57.17% of individuals not in a relationship, and only 21.13% of households have children. A substantial portion of the population (40.75%) are immigrants, contributing to the area's cultural diversity. Additionally, a high level of education is evident, with 78.71% of residents holding a college or university degree. The housing market is characterized by a prevalence of condominiums, which make up 65.25% of the housing stock. Lastly, nearly 30% of the population is not in the labor force, reflecting various socio-economic dynamics within the community.