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$725,000
Backstage Condominiums · 1 The Esplanade N/A · Toronto · Ontario M5E 0A8
161 days on market
Welcome To 1 The Esplanade Suite 404, one of the largest units at the coveted Backstage condos! This spacious and well-designed suite offers almost 1000sqft of elegant living space, featuring 2 + 1 bedrooms and 2 full bathrooms - ideal for professionals, families, or those seeking a vibrant downtown lifestyle in the best location of the city. This model suite includes updated finishes and features custom blinds, kitchen island, undermount lighting, mirrored closet doors, upscale lighting, large…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: UNION CAPITAL REALTY
Source: TRREB/PROPTX · MLS® C13135806
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $33,005 | $2,750/mo |
| Government & taxes | ||
| Property tax | $4,788 | $399/mo |
| Land transfer tax(closing) | $10,975 | $915/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $7,250 | $604/mo |
| Condo fees | ||
| Condo / HOA fees | $15,640 | $1,303/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 | $82,319 | $6,860/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.