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5504 - 8 THE ESPLANADE, Toronto (Waterfront Communities) — listed at $1,002,320. Earn buyer cashback at closing. No catches, just more money in your pocket.
Unit 5504 At The L Tower Is A Fantastic North West Corner Unit That Offers Fantastic 2 Bedroom And 2 Bath Setup With Breathtaking City And Water Views! Floor To Ceiling Window Throughout, Filling The Entire Unit With Light. Steps To St Lawrence Market, Union Station, Financial Centre, Entertainment, The Distillery, The Harbour Front, Scotiabank Arena, Roger Centre And The Airports. Living In The 6Ix Cannot Get Any More Convenient Than This Location. Building Amenities: Gym, Indoor Pool, Sauna, Theatre Room, Party/Meeting Room, Guest Suites Etc.***CN Tower is no longer visible, as it is blocked by CIBC North Tower; Photos are from Previous Listing Prior to Current Tenant, Actual Current Setup and Furniture at the Property Are Different from the photos*** (id:60164)
What do the condo/maintenance fees cover?+
The $1219/mo fee covers: Heat, Water.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What makes this a luxury property?+
At $1,002,320, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,115, a condo/maintenance fee of $1219/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
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