8 The Esplanade 4004, Toronto C08

$595,000
8 The Esplanade 4004

$595,000

New
21d
Condo ApartmentApartment

8 The Esplanade 4004, Toronto C08

Total Monthly Obligation $3,657

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
21d
Score
16
Yield
5.1%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-C13854384
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,805.86 (2026)
Maintenance-$740/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome To L Tower! Luxurious 1+Den.One Parking One Locker Included! 9 Ft Ceilings, Hardwood Flooring Throughout And Kitchen With Top Of The Line Miele And B/I Appliances, Signature Cabinetry Designed By Munge Leung. Bright And Spacious Floor Plan With Unobstructed Views Of The City. Steps To St. Lawrence Market, Berczy Park & Theatres & World Class Restaurants. Access To Union Station, The Path, Air Canada Centre & Roger's Centre. Amenities Include Spa, Sauna, Yoga Studio, Pool, Gym, Media Room, Party Room & 24 Hour Concierge, Much More!

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

Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,657/mo
Mortgage $2,400
Monthly Loss $3,026
Principal$632
Interest$1,768
Property Tax$317
Condo Fees$740
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,300/yr
NOI
$12,184/yr
Net Cash Flow
-$1,385/mo
Cash Margin
-54.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
21.6/ 100

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

Comparables

Properties near 8 The Esplanade 4004

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.