L Tower condo building exterior
High-Rise Condo

L Tower

by Cityzen Development Corporation

8 The Esplanade, Toronto, ON M5E 0A6

Year Built

2015

Total Units

591

Avg $/sqft

$956

Storeys

57

Available Units in L Tower

7

Units for sale

From $549,000

Photo of Unit 506, 8 The Esplanade Street
For SaleWaterfrontCorner Unit
Listed for:

Listed Aug 27, 2026

$549,000

Unit 506, 8 The Esplanade Street

Toronto (Waterfront Communities), ON M5E 0A6

1 + 1Bedrooms
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 4004, 8 The Esplanade
For SalePanoramic Views
Listed for:

Listed 13 days ago

$595,000

Unit 4004, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1 + 1Bedrooms
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 3206, 8 The Esplanade
For Sale
Listed for:

Listed Feb 3, 2026

$648,000

Unit 3206, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1 + 1Bedrooms
1Bathroom
0Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1605, 8 The Esplanade
For SaleRooftop TerraceCorner Unit
Listed for:

Listed 2 days ago

$659,000

Unit 1605, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1 + 1Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

Condo ApartmentFor Sale

3

Units for rent

From $2,500/mo

Photo of Unit 1906, 8 The Esplanade
For Rent
Listed for:

Listed Sep 15, 2026

$2,500

Unit 1906, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1Bedroom
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 2910, 8 The Esplanade
For Rent
Listed for:

Listed 14 days ago

$2,550

Unit 2910, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 2012, 8 The Esplanade
For Rent
Listed for:

Listed Aug 11, 2026

$4,000

Unit 2012, 8 The Esplanade

Toronto (Waterfront Communities), ON M5E 0A6

1 + 1Bedrooms
2Bathrooms
1Parking
700-799Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

Angular, modern, and sleek — L Tower is about the closest anyone will get to living inside the ROM’s Lee Chin Crystal. Not only do similar angles frame the front entryway, but the architect behind the L Tower Condos and Toronto’s newly infamous landmark are one and the same.

In fact, Daniel Libeskind worked on the ROM’s addition in 2007, created a glass courtyard for Berlin’s Jewish Museum, designed the master plan for One World Trade Centre in New York City, and designed the L Tower at 8 the Esplanade in Toronto. The building can also be found next door to the Sony Centre for the Performing Arts, which Libeskind redesigned simultaneously. As a result, residents living at 8 the Esplanade are within close reach of some of the city’s best cultural performances.

Completed in 2016, with Cityzen Development Corporation managing the building process, L Tower Condos now offer 591 St. Lawrence Market condos for sale or rent for Torontonians who wish to live in the centre of it all. These homes are spread out over 58 storeys, with the public plaza downstairs serving as a great spot for residents to get to know one another.

An all-star team accompanied Libeskind in his creation: Claude Cormier + Associés was in charge of the landscape architecture, with this very same firm designing Berczy Park around the corner at the same time. Munge Leung oversaw the interior design, and is therefore to thank for the elegant finishes found throughout the common spaces and amenity areas.

The very peak of the façade is surprisingly rounded, and all in all, the building is hard to describe. As a result, this glass tower really manages to stand out from the crowd. One thing is for certain, though: with balconies inset, they are sure not to disturb the smooth façade. The building is also LEED Certified, meaning residents can rest easy knowing that their homes are part of the climate change solution, rather than the problem.

It’s easy to forget all about ethics, however, when relaxing and enjoying the amenities; residents are free to forget about their responsibilities when using the movie room, indoor pool, gym, sauna, yoga studio, and garden. For those who want to tackle issues head on, on the other hand, residents can read up on whatever issue they please, in the building’s library and reading room. Visitors to 8 the Esplanade are also in luck, as the building boasts not only visitor parking, but guest suites as well.

Developer

Cityzen Development Corporation

Year Built

2015

Property Type

High-Rise Condo

Storeys

57

Total Units

591

Management

Del Property Management Inc.

Amenities

Underground Parking

Indoor Pool

Guest Suites

Fitness Centre

Visitor Parking

Party Room

24/7 Concierge

Price History

327 records
Loading history…

Market Stats

Prices in L Tower are down 8.1% compared to last year.

$956

Avg $/sqft

-8.1%

YoY change

43

Avg days on market

Location & Walkability

Walk Score

99/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

75/100

Bike lanes & infrastructure

City in Ontario

Toronto

urban diverse lively

Toronto is a large city in Ontario known for its diversity and vibrant culture. It offers a mix of residential and urban living with plenty of amenities.

Toronto, Ontario — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Day to dayLivability

93

Walkability

out of 100 · averaged over 215 past and present listings

Average walk score reported on listings here

6.4

Schools near listings

out of 10 · averaged over 215 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$759,900

6% above Ontario

In Toronto

$759,900

In Ontario

$716,900

Median monthly rent

$2,600/mo

4% above Ontario

In Toronto

$2,600

In Ontario

$2,499

$1,085

Per square foot

≈ 24.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

4,328

Median $759,900

Condos 3,148 · Houses 1,179

For rent

4,513

Median $2,600

Recently sold

Sign in to see sold data

Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Diverse dining options
  • Many parks for outdoor activities
  • Good public transit access

Keep in mind

  • Higher median sale price than provincial average
  • Median rent is above provincial average

The feel of the placeLifestyle

Daily life in Toronto is busy and lively, with many activities and services available. The city has a mix of urban and suburban areas.

Great for young professionals families first-time buyers

Within the boundaryWhat's nearby

The boundary

661.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

1,669

Parks

2,209

Playgrounds

1,015

Transit stations

586

Grocery stores

3,605

Restaurants

1,594

Cafés

536

Gyms

142

Libraries

700

Pharmacies

Counted across all 661.4 km² of Toronto. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 539 rated schools in this area

911

Elementary

325

Secondary

  • Avondale Alternative Elementary School

    Public · Grades JK–8 · Toronto DSB

    10.0/1010.0 over 5 yrs

    1st of 3,045 Ontario elementary schools

    135 students · EQAO 2024-2025

  • Cottingham Junior Public School

    Public · Grades JK–6 · Toronto DSB

    10.0/10

    1st of 3,045 Ontario elementary schools

    140 students · EQAO 2024-2025

  • Northmount

    Independent · TO Private Non-Inspected

    10.0/109.8 over 5 yrs

    1st of 3,045 Ontario elementary schools

    18 students

  • Rosedale Junior Public School

    Public · Grades JK–6 · Toronto DSB

    10.0/109.3 over 5 yrs

    1st of 3,045 Ontario elementary schools

    220 students · EQAO 2024-2025

  • Sathya Sai

    Independent · TO Private Non-Inspected

    10.0/10

    1st of 3,045 Ontario elementary schools

    24 students

  • St Michael's Choir (Jr) School

    Catholic · Grades 1–8 · Toronto CDSB

    10.0/109.6 over 5 yrs

    1st of 3,045 Ontario elementary schools

    135 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Toronto, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

2,794,356

Population (2021)

631.1 km²

Area

4,428

People per km²

41.2

Median age

$94,555

Median income

52%

Own their home

2.5

People per household

1,160,800

Households

Every age

  • Children (under 15)13.8%
  • Working age (15–64)69.2%
  • Seniors (65+)17.1%

What is built here

  • Detached houses23.3%
  • Semi-detached6.2%
  • Townhouses5.4%
  • Duplexes4.1%
  • Low-rise apartments13.9%
  • High-rise apartments46.7%

Own or rent

52%Owners

48%Renters

Across 1,160,800 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier29%
  • 1961–198029%
  • 1981–19909%
  • 1991–20008%
  • 2001–20055%
  • 2006–20105%
  • 2011–20156%
  • 2016–20217%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

46.6%
Born outside Canada
41.1%
Hold a degree or higher
54.8%
Employment rate
26.1%
Commute by transit
61%
Commute by car
1.7
Children per family
$81,720
Median income after tax
$124,573
Average household income
13.2%
Living on a low income
$1,534/mo
Renters pay, per month
$1,693/mo
Owners pay, per month
$1,041,540
Median home value at census
33.8%
Renters spending 30%+ of income on housing
24%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 3,743 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)