FOR SALE
$1,025,000
16 Yonge St 1109, Downtown Toronto
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
16 Yonge St 1109
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9398823
MLSID
Contact Us
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!
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
Property Details
Street
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.84' x 20.70'Laminate, Combined W/Dining, W/O To Balcony
DiningMain11.84' x 20.70'Laminate, Combined W/Living, Open Concept
KitchenMain8.23' x 9.02'Stainless Steel Appl, Granite Counter, Open Concept
Prim BdrmMain12.17' x 8.89'5 Pc Ensuite, His/Hers Closets, Overlook Water
2nd BrMain10.66' x 11.32'Large Closet, Large Window
DenMain8.04' x 8.23'Laminate, Open Concept, Separate Rm
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 $293,315 (40.1%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.
Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 2-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), 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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