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 concrete construction, this residence presents an exceptional opportunity offered at $479,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 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
Welcome to Pinnacle Centre at 16 Yonge Street, offering stylish downtown living in one of Toronto's most convenient and connected locations. This bright and functional suite features soaring 9-ft ceilings, floor-to-ceiling windows, and stunning north-facing city views including the CN Tower. The smart open-concept layout offers no wasted space, with a spacious living and dining area that walks out to a private balcony, perfect for morning coffee or seasonal outdoor dining. The well-sized bedroom provides comfort and functionality, while the thoughtfully designed floor plan makes everyday living effortless. Residents enjoy access to an impressive collection of amenities, including a state-of-the-art fitness centre, 70-ft lap pool, outdoor terrace with BBQ area, tennis and squash courts, sauna, party and meeting rooms, guest suites, visitor parking, and 24-hour concierge service. Ideally located steps to Union Station, the PATH, Financial District, Harbourfront, Scotiabank Arena, Rogers Centre, CN Tower, St. Lawrence Market, restaurants, cafes, shopping, transit, and everyday essentials. Experience the best of downtown living in this highly sought-after waterfront community.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Yonge Street 2604, 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 $479,000 in Toronto, the legal minimum down payment is $23,950 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 $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.
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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.
