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New3 hours ago

2711 - 16 Yonge Street

Waterfront Communities C1, Toronto

$1,038,000

Condo Apartment |
2 + 1 | 2 | 2 | 1
About this home

Welcome to Suite 2711 at 16 Yonge Street - a spacious and highly sought-after southwest corner residence in the prestigious Pinnacle Centre in the heart of downtown Toronto. Recently upgraded with brand new, desirable wide-plank flooring throughout, this beautifully refreshed suite offers a modern, move-in-ready aesthetic in one of the building's most sought-after layouts. Offering over 1,000 sq.ft. of thoughtfully designed living space, this desirable Suite 11 layout features 2 bedrooms plus a separate den, ideal for professionals working from home or those seeking additional living space. Expansive floor-to-ceiling windows fill the suite with natural light, while 9-foot ceilings enhance the bright, open feel throughout. The well-proportioned living and dining area is perfect for entertaining, while the separate den provides an ideal home office or lounge. Built-in closet organizers are featured throughout, and the spacious primary bedroom includes a walk-in closet with custom organizers. Enjoy southwest-facing city views with partial waterfront exposure and stunning sightlines toward Scotiabank Arena.A rare offering in the downtown core, this suite includes 2 parking spaces and 2 oversized lockers-an increasingly hard-to-find combination that adds exceptional convenience and value.Residents enjoy access to outstanding amenities, including a large fitness centre, indoor pool, basketball and squash courts, sauna, party room, theatre room, guest suites, and 24-hour concierge. Ideally located just steps to Union Station, the PATH, Toronto's waterfront, the Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, and everyday conveniences, this is an exceptional opportunity to own in one of downtown Toronto's most connected neighbourhoods.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,054
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$4,736
mls© NumberC13666846
Listed BySAGE REAL ESTATE LIMITED
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Hydro Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,313
Property tax
$395
Heat allowance
$150
Condo fees, half counted
$527
Housing costs
$6,385 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $207,600
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,368 / mo
Cash down
$207,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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