Although the mathematics of anyon condensation in topological phases has been studied intensively in recent years, a proof of its physical existence is tantamount to constructing an effective Hamiltonian theory. In this paper, we concretely establish the physical foundation of anyon condensation by building the effective Hamiltonian and the Hilbert space, in which we explicitly construct the vacuum of the condensed phase as the coherent states that are the eigenstates of the creation operators that create the condensate anyons. Along with this construction, which is analogous to Laughlins construction of wavefunctions of fractional quantum hall states, we generalize the Goldstone theorem in the usual spontaneous symmetry breaking paradigm to the case of anyon condensation. We then prove that the condensed phase is a symmetry enriched (protected) topological phase by directly constructing the corresponding symmetry transformations, which can be considered as a generalization of the Bogoliubov transformation.