The L Tower
The L Tower at 8 The Esplanade is a sculptural, architect-designed condominium that curves dramatically over Toronto's historic Sony Centre, giving it one of the most recognizable profiles in the St. Lawrence and Financial District area. Residents enjoy contemporary suites, premium building amenities, and a short walk to Union Station, the PATH, the waterfront, and an array of restaurants, theatres, and cultural venues.
Average Price
| Type | Avg $ / SQFT |
|---|---|
| For Sale | $939 |
| For Lease | $3.96 |
-6.26% vs 2024(sold $/sqft)
-1.65% vs 2024(lease $/sqft)
Building Highlights
PROPERTY TYPE
Condo Apartment
NUMBER OF STOREYS
58
NUMBER OF UNITS
585
COMPLETION YEAR
2015
UNIT SIZE RANGE
499 – 1,100 SQFT
CONDO DEMAND
Low
BUILDER
Cityzen / Fernbrook
PROPERTY MANAGEMENT
Del Property Management
Building maintenance
What's included can vary by listing. Confirm with the listing or property manager for your unit.
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Price Trends
The L Tower
Yearly average $/sqft — mean of months in 2025, vs 2024
$939 / SQFT
-6.26% vs 2024 (sold)
Last 12 months: $845/sqft -8% vs previous 12 months (sold, without parking)
$3.92 / SQFT (Lease)
-1.65% vs 2024 (lease)
Waterfront Communities C8
Yearly average $/sqft — full calendar 2025 (mean of monthly points), vs 2024
$954 / SQFT
-4.86% vs 2024 (sold)
Last 12 months: $825/sqft -9.7% vs previous 12 months (sold, without parking)
$3.98 / SQFT (Lease)
-2.05% vs 2024 (lease)
Sold price per square foot
Price per sq ft with the parking value taken off.
Maintenance per sq.ft.
Monthly fee per interior sq ft for a typical unit without parking, stepping up when the building's fees rise.
Monthly fee per sq ft with parking (about $98/mo per spot) taken off.
Sold price per sq ft
From The L Tower's own sales. “Without parking” takes the parking value off each sale that came with a spot.
Last 12 months
$845
without parking
Last 12 months
$886
with parking
Sales
12
Oct 2025 – Oct 2026
Parking value
$41,000
per spot, 2026
| Year | Sales | $/sq ft without parking | $/sq ft with parking | Parking value / spot | Maintenance $/sq ft / mo |
|---|---|---|---|---|---|
| 2026to date | 10 | $839 | $881 | $41,000 | $0.95 |
| 2025 | 7 | $922 | $948 | $44,000 | $0.91 |
| 2024 | 15 | $1,009 | $1,053 | $49,000 | $0.88 |
| 2023 | 14 | $1,060 | $1,107 | $52,000 | $0.80 |
| 2022 | 19 | $1,130 | $1,181 | $55,000 | $0.77 |
| 2021 | 46 | $1,069 | $1,102 | $51,000 | $0.71 |
- Parking value is one dollar amount per owned spot, measured from this building's sales with and without parking, and moved each year with the building's own price per sq ft.
- Maintenance is for a typical unit without parking; parking adds about $98/mo per spot. Fees here usually rise in May.
- Unit sizes come from verified sizes, sizes stated in listings, or the maintenance fee when the listed range is off. Updated Oct 23, 2026.
Listings at 8 The Esplanade, Toronto
$769,000
8 The Esplanade 3211
Toronto C08
$730,000
8 The Esplanade 4907
Toronto C08
$369,900
8 The Esplanade 803
Toronto C08
$659,000
8 The Esplanade 1605
Toronto C08
$595,000
8 The Esplanade 4004
Toronto C08
$549,000
8 The Esplanade Street 506
Toronto C08
$816,640
8 The Esplanade 5505
Toronto C08
$1,002,320
8 The Esplanade 5504
Toronto C08