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$808,888
1 The Esplanade Drive · Toronto · Ontario M5E 0A8
Welcome to this bright and spacious 2-bedroom corner suite in the prestigious Backstage Condo, offering panoramic views of Downtown Toronto. This well-maintained unit features newly upgraded 7mm vinyl flooring and freshly painted walls in the living room and kitchen, creating a modern and move-in ready space.The open-concept layout includes a contemporary kitchen with built-in stainless steel appliances, a center island with breakfast bar, and floor-to-ceiling windows that fill the unit with nat…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
This property doesn’t fit our automated model — unusual layout, wrong area match, or incomplete listing data. A Realtor can price it properly. Connect with a Realtor →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: DREAM HOME REALTY INC.
Source: TRREB/PROPTX · MLS® C13108004
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~850 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $36,824 | $3,069/mo |
| Government & taxes | ||
| Property tax | $4,675 | $390/mo |
| Land transfer tax(closing) | $12,653 | $1,054/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $8,089 | $674/mo |
| Condo fees | ||
| Condo / HOA fees | $16,589 | $1,382/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $87,990 | $7,332/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.