16 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium other and concrete construction, this residence presents an exceptional opportunity offered at $869,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptionally bright, open, & functional corner 2 bedroom & den suite with 2 full washrooms at the highly sought after Pinnacle Centre is located right in the heart of south downtown Toronto, fronting onto Yonge Street. Prime and convenient location as you're steps to union station & the PATH, financial district, the subway, Harbourfront, Scotiabank Arena, Rogers Centre, CN Tower, and an abundance of restaurants, shops, cafes, you name it! The condo offers terrific city views, including the cn tower and lake. The open concept living/dining room and kitchen creates the perfect space for entertaining, and comfortable/luxury living. Modern finishes, stone counters, high smooth ceilings, stainless steel appliances, underground parking and locker, this condo has it all! Maintenance fees cover ALL utilities. Amazing amenities & Facilities for the ultimate luxury condo lifestyle. The Pinnacle Club Is An Impressive Multi-Level facility offering an Indoor salt water pool, outdoor tennis court, sauna, steam room, tot tubs, billiards, business centre, two gyms, party rooms, BBQ areas, putting green, basketball/squash court, theatre room, guests suites & more.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Public Transit, Rec./Commun.Centre
Interior Features
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Community Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Yonge Street 2205, Toronto C01, ON M5E 2A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $869,000 in Toronto, the legal minimum down payment is $61,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,855 also applies, bringing the total estimated land transfer taxes to $27,710.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
