8 The Esplanade 4804, Toronto C08

$1,299,900
8 The Esplanade 4804

$1,299,900

New
8d
Condo ApartmentApartment

8 The Esplanade 4804, Toronto C08

Total Monthly Obligation $7,259

Bed+Den
3+1
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
14
Yield
4.0%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Condo Apartment
MLS® Number-C14081480
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$6,476.11 (2026)
Maintenance-$1,275.51/mo
Locker-Owned
Parking-1 - Underground
Basement-Finished
Heating-Heat Pump (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-TBA
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

One of the most iconic building- L Tower in Toronto downtown. this stunning two-bedroom plus den condo, nestled in the epicenter of the city. This unit boasts a split floorplan and expansive floor-to-ceiling windows that invite you to enjoy dramatic skyline views to the west and north. With 10.5-foot ceilings, the space feels even more open and airy. The heart of this home is the oversized chef's kitchen, new quartz countertop, featuring a large island perfect for meal prep and entertaining. It opens up to a spacious living room, designed with an open concept that maximizes both light and views. Custom window coverings add a touch of elegance and functionality to the space. custom-made Modern wardrobes in each bedroom and book shelf in Den. This condo includes one locker and one parking spot, adding convenience to its many luxurious attributes. As a resident, you'll have access to top-tier amenities that cater to both relaxation and wellness, including an indoor pool, sauna, hot tub, and dedicated yoga rooms. Located within walking distance to the St. Lawrence Market, Rogers Centre, Scotiabank Arena, and a vibrant array of bars and restaurants, It's also a short stroll from the financial district, making it ideal for professionals seeking a short commute.. Don't miss the opportunity to own a piece of this vibrant community, where every amenity is just steps away and every window offers a view worth savoring.

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

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$7,259/mo
Mortgage $5,243
Monthly Loss $5,879
Principal$1,380
Interest$3,864
Property Tax$540
Condo Fees$1,276
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.6%10
10-Year IRR
6.5%
Returns Index
6.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$52,596/yr
NOI
$23,154/yr
Net Cash Flow
-$3,314/mo
Cash Margin
-75.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 8 The Esplanade 4804

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.

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Data last updated within the past 24 hours.