16 YONGE St PH 4006

FOR SALE
$1,649,999
16 YONGE St PH 4006, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
C10418224
MLSID
Contact Us
Property Description
With the Penthouse at 16 Yonge you can have it all - convenience, tranquility, luxury & sophisticated timeless design. Conveniently located at the base of Yonge, steps to the waterfront, local transit & a short walk to top Toronto landmarks. Also, hop right onto the highway with ease. This Tranquil unit enjoys beautiful views inside & out with south-east exposure to the lake & a professionally designed interior that you have to feel to believe. You will be taken by the 9.5' ceilings, floor to ceiling windows & unobstructed lake views. Top of the line finishes include custom millwork in all rooms, curated light fixtures, upgraded appliances (gas stove) & hardware throughout. The layout wastes no space with 1550 sq ft(1266 inside + 284 terrace). Included with the unit are 2 parking spots, 2 lockers.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-12 2024-07-11 29 $1,699,999 - Terminated
2024-04-10 2024-06-12 63 $1,699,999 - Terminated
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Other
Approximate Sq.Ft.
1200-1399
Taxes
$6,114 (2024)
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain13.75' x 18.01'
DiningMain12.99' x 14.01'
KitchenMain0.98' x 0.98'
Prim BdrmMain10.01' x 12.01'
BrMain8.99' x 9.51'
BrMain8.99' x 12.01'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 YONGE St PH 4006 is a 3-bedroom 2-bathroom condo listed for sale at $1,649,999, which is $736,036 (80.5%) higher than the average sold price of $913,963 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $20,225 (2.3%) compared to the previous 30 day period (September 21 - October 20) and down $15,450 (1.7%) from the same time one year ago.
Inventory Change
There were 219 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 3.5% compared with the previous 30 day period (September 21 - October 20) and up 13.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($20,684) (2.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,312 decrease compared to the previous 30 day period (September 21 - October 20) and ($20,658) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 45.2%, up from 35.2% over the previous 30 days (September 21 - October 20) and up from 27.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Meadowtowne Realty Inc., Brokerage
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