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    25 The Esplanade

    3for Sale
    5for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    33
    Number of Units:
    571
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    350 - 1,450 SQFT
    Unit Availability:
    Medium

    Listing History for The Esplanade

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    Amenities

    Concierge
    Bike Storage
    Indoor Pool
    Rooftop Deck
    Security System
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 25 The EsplanadeThe Esplanade

    Call it Postmodern, call it Beaux-Arts, we call it a V-shaped building that bears a striking resemblance to New York’s — or even Toronto’s —flatiron building. And just like these other more infamous, triangular edifices, the façade at 25 The Esplanade has a historic, elegant appeal, making this building an ideal for anyone who's interested in Toronto condos for sale but is tired of glass towers.

    It shouldn’t be surprising, then, to learn that the building was constructed in 1989. Although this may not qualify for heritage status anytime soon, it does provide the building with a hardy, high-quality vibe that is so hard to come by in the quick-built glass towers of the 21st century.

    Perhaps practice does actually make perfect: the building management and security have a reputation as some of the best in the city, and this might have something to do with the building having been around for a few decades now.

    Moreover, residents pay reasonable maintenance fees – especially for a building with so many great amenities. Those who choose to call this building home are generously rewarded with the use of a hot tub and sauna, a gym on uppermost story with views of the city below, a party room, a rooftop terrace, a concierge and onsite security guard, and a shared patio on 6th floor.

    The Suites

    The 571 residential units are spread out over 31 storeys. With so many homes to choose from, prospective buyers interested in these downtown Toronto condos are likely to find something that suits their fancy.

    Square footage varies quite considerably at the Esplanade Condos, with affordable units starting at around 350 and more spacious ones reaching to nearly 1,400 square feet. Floor-to-ceiling windows and 10-foot ceiling heights, however, allow even the coziest of units to feel spacious and bright.

    The Neighbourhood

    Located in the St. Lawrence Market neighborhood, residents living at 25 The Esplanade have no shortage where entertainment, shopping, and dining out are concerned. As well, the central locale means numerous Toronto hotspots are within close reach.

    For one, the Sony Centre for the Performing Arts is literally across the street. For those willing to walk two blocks, the Hockey Hall of Fame is the next closest thing, while venturing out a little further will land residents at the Metro Toronto Convention Centre, the Rogers Centre, the Scotiabank Arena, and the CN Tower.

    Foodies living at 25 The Esplanade are in luck as well. St. Lawrence Market — a 6-minute walk away — is a great spot for picking up a quick bite to eat, but it’s also much more than just that. A weekly antique and farmer’s market can be found here, as well as stalls hawking meats, cheeses, produce, plus bulk, imported, and organic goodies Tuesday through Saturday.

    Decorating a new home will be no problem at all, thanks to the design and interior décor shops found along King East. Additionally, shopping fanatics will love how close they live to the Eaton Centre. Residents who prefer spending their days outdoors can head down to the lakeshore. Here, Cherry Beach, the Port Lands, Harbourfront, and the Leslie Spit are all waiting to be explored.

    Transportation

    Traveling to and from 25 The Esplanade is a breeze, thanks to its downtown Toronto Locale. Even drivers are in luck, as heading toward either of the two nearby highways — the Gardiner Expressway and the Don Valley Parkway — will allow them to skip some of the downtown congestion. Those heading out by car can also make use of major arterial roads like Yonge, Jarvis and Front.

    Residents without cars are equally well suited for travel. Even those planning to leave the city are in luck, since the closest subway station, Union Station, also doubles as the city’s foremost transportation hubs. After a 5-minute walk, passengers arriving at Union Station can hop onto TTC trains headed north along the Yonge and University-Spadina lines, or catch a VIA rail train, a GO bus or train, or an UP train to Pearson International Airport.

    Anyone planning to commute via bicycle can easily head down to the Martin Goodman Trail, which follows the shores of Lake Ontario along the entire length of the city. While this is a great way to reach the office, this trail is also an ideal spot for evening or morning joggers, as well as Saturday strollers.

    Travelers heading out of the city entirely can reach Billy Bishop Toronto City Airport in only 20 minutes via public transit, 35 minutes on foot, or 10 minutes by car or taxi. Alternatively, the trip to Pearson will take about 25 minutes by car, yet still less than 40 via public transit.

    Reviews for The Esplanade

    O O
    August 22 2024
    Owner
    4 out of 5
    A well-run building with a great vertical community. A hidden gem in the SLM!
    Kenan Yousef
    September 23 2024
    Strata Agent
    5 out of 5
    25 The Esplanade is easily one of the best-managed buildings in the SLM area. Even with its age (completed in 1989), maintenance fees have been reasonable at $0.80/SQFT relative to the area's $0.92/SQFT. The building's location is central, with Union Station only steps away and the Gardiner nearby. One downside is the brutal traffic during rush hour. Things I like: - Great management in the building and a very friendly concierge staff - Fantastic amenities, with the rooftop terrace being the highlight, in my opinion - Relatively affordable Price/SQFT - Low maintenance fees for the age of the building - Good views all around Things to consider: - Some of the one-bedroom layouts in the building aren't the best - None of the units in the building have balconies
    3

    Listings For Sale

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    5

    Listings For Rent

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    Explore St. Lawrence

    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 condos

    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

    The Esplanade vs The St. Lawrence Area

    Days on Strata

    Units at The Esplanade spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    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
    10.8
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    44th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 25 The Esplanade

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$475,000 - $850,000$530,000 - $900,000$530,000 - $600,000$842,000
    Avg. Cost Per SqftNo Data$790$855$776$708
    Avg. Wait for Unit AvailabilityNo Data41 Days50 Days142 Days302 Days
    Ratio of Units in Building3%49%29%12%9%

    Unit Sales vs Inventory

    Total number of units listed and sold in St. Lawrence