16 Yonge St 1109
Waterfront Communities C1, Downtown Toronto, M5E 2A1
FOR SALE
$1,025,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to the vibrant and highly sought-after Pinnacle Centre @ 16 Yonge Street where city living meets the waterfront! This exceptional 2-bedroom plus den southeast corner unit offers an unparalleled living experience with a spacious and functional layout. Boasting large floor-to-ceiling windows, this condo is flooded with natural light and offers south views of the lake from the Living Area, Balcony and Primary Bedroom. The open concept living and dining area is perfect for entertaining, seamlessly leading out to an open balcony where you can enjoy your morning coffee or unwind in the evening while enjoying the lake. The kitchen is designed for the modern homeowner, featuring ample storage, and a breakfast bar, perfect for casual dining or meal prep. Both bedrooms are generously sized, with the primary bedroom offering corner windows with views of the lake, his/hers closets and 5- piece ensuite bathroom. The den provides a versatile space that can be used as a home office, additional bedroom, or a cozy reading nook. With 2 full bathrooms, in-suite laundry, this condo checks all the boxes for both style and convenience. This unit comes with a parking spot and access to world-class amenities, including an indoor pool, fitness center, concierge service, party room, business centre, guest suites, and more. Situated in the heart of Torontos waterfront community, you're steps away from Union Station, the Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, underground path, and easy access to highways and public transit (this location scores a perfect 100 transit score). Don't miss this opportunity to own arguably the best layout, excluding PH and combined units, in the complex. An unbeatable location. Perfect for professionals, families, or investors alike!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-06-11 | 2020-07-22 | 41 | $3,300 | $3,300 | Leased |
| 2020-04-06 | 2020-06-11 | 66 | $3,300 | - | Terminated |
Extras
Stainless Steel Appliances: Fridge, Stove, Dishwasher; Washer, Dryer; All ELFs; All Existing Blinds (as is); virtually staged
Nearby Intersections
Property Features
Arts Centre, Lake/Pond, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,184 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (D)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.84' x 20.70' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 11.84' x 20.70' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Main | 8.23' x 9.02' | Stainless Steel Appl, Granite Counter, Open Concept |
| Prim Bdrm | Main | 12.17' x 8.89' | 5 Pc Ensuite, His/Hers Closets, Overlook Water |
| 2nd Br | Main | 10.66' x 11.32' | Large Closet, Large Window |
| Den | Main | 8.04' x 8.23' | Laminate, Open Concept, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Yonge St 1109 is a 2-bedroom 2-bathroom condo listed for sale at $1,025,000, which is $286,248 (38.7%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Tck Fine Homes Realty
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