16 Yonge St 2404
Waterfront Communities C1, Downtown Toronto, M5E 2A1
FOR SALE
$585,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
What makes this a great place? You are buying an actual one bedroom condo with floor to ceiling windows - 9' ceilings, open concept living/dining and kitchen with eat-in area & granite counters. You also get a locker, no need for jenga in your bedroom closet! You are by the lake & downtown TO where there are abundant activities available, a walker & rider's paradise. Your maintenance fees are low, where heat, hydro, water, locker and common elements are included for $404.91/month. Which means you have access to The Pinnacle Club and can kiss your gym membership goodbye. Pinnacle Club is an impressive multi-level indoor-outdoor social, spa, fitness, meeting & lounging facility with indoor swimming pool, saunas, billiards, meeting room, guest suites, ping-pong, basketball, lounge and reading room, tennis court, running track, landscaped terrace with barbecues...and more... Come and check it out for yourself.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-02 | 2020-09-08 | 6 | $1,790 | $1,790 | Leased |
| 2020-07-09 | 2020-09-03 | 56 | $1,890 | - | Terminated |
| 2020-06-30 | 2020-07-09 | 9 | $1,960 | - | Terminated |
Extras
Want to see this awesome unit in person? Heat, water, hydro, locker & common elements included in maintenance fee of $404.91/month. Beanfield internet available for an extra fee. 3 photos have been digitally staged.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,019 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.89' x 16.80' | Combined W/Dining, Open Concept, Laminate |
| Dining | Flat | 10.89' x 16.80' | Combined W/Living, Open Concept, Laminate |
| Br | Flat | 8.99' x 12.80' | Large Window, Mirrored Closet, Laminate |
| Kitchen | Flat | 7.87' x 8.99' | Granite Counter, Breakfast Bar, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Yonge St 2404 is a 1-bedroom 1-bathroom condo listed for sale at $585,000, which is $14,875 (2.5%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) less 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 1-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
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