1 The Esplanade Avenue 2104, Toronto C08

$679,900
1 The Esplanade Avenue 2104

$679,900

New
25d
Condo ApartmentApartment

1 The Esplanade Avenue 2104, Toronto C08

Total Monthly Obligation $4,748

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
25d
Score
15
Yield
6.0%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-C13837346
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,857.08 (2025)
Maintenance-$1,400.66/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX URBAN TORONTO TEAM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-Immediate/Flexible
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2-bedroom, 2-bathroom corner suite at 1 Esplanade Lane, offering almost 894 sq. ft. of thoughtfully designed living space plus a private balcony with stunning northwest-facing views and spectacular sunsets. Featuring floor-to-ceiling windows and laminate flooring throughout, this suite is filled with natural light and offers a warm, modern feel.The excellent layout offers two full, proper bedrooms, both with comfortable proportions, along with a functional open-concept living, dining, and kitchen area designed with both everyday living and entertaining in mind. The kitchen features stainless steel appliances, ample cabinetry, and plenty of workspace, while the spacious living and dining areas provide the perfect setting for hosting friends and family.Enjoy the added convenience of parking and locker included, along with beautiful finishes throughout. As an added bonus, the building is soon to be connected to Toronto's PATH network, providing even greater convenience and sheltered access to the downtown core.Located in the heart of St. Lawrence and downtown Toronto, you're steps from the iconic St. Lawrence Market, waterfront, restaurants, cafés, shops, and entertainment. Enjoy an easy stroll to the Financial District, Union Station, the Distillery District, and the vibrant neighbourhoods surrounding the Esplanade. With the TTC and Gardiner Expressway nearby, getting around the city is effortless.Residents can also enjoy fantastic building amenities, including a fabulous outdoor pool, perfect for summer days. A rare combination of space, functionality, incredible northwest views, and an unbeatable downtown location - this corner suite is not to be missed! Backstage residents will also be able to access the PATH connection via a private entrance located on the 2nd floor!!

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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$4,748/mo
Mortgage $2,743
Monthly Loss $4,026
Principal$722
Interest$2,021
Property Tax$405
Condo Fees$1,401
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
5.2%12
10-Year IRR
7.2%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,896/yr
NOI
$12,741/yr
Net Cash Flow
-$1,681/mo
Cash Margin
-49.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1 The Esplanade Avenue 2104

Time

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