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16 Yonge St 1701, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C8039946
MLSID
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Property Description
Discover the epitome of urban living in one of Toronto's finest neighborhoods with this modern 2-bedroom residence. Boasting approximately 800 sq ft and a 43 sq ft balcony, this bright west-facing unit offers a spacious and contemporary living experience. The well-designed layout features a split bedroom plan, 8' ceilings, and freshly painted interiors complemented by laminate floors. The kitchen is a culinary delight with stainless steel appliances and granite countertops. Two full baths adorned with marble counters add a touch of luxury. Enjoy downtown city views and the convenience of proximity to the highway, making this property not just a home but a gateway to a sophisticated and well-connected lifestyle.
Extras
Amenities include: 24 hr concierge, 70' pool, 2 whirlpools, party rm, 2 gyms, theatre, billiards, tennis, putting green, bball, patio, steam rm, sauna, business centre
Nearby Intersections
Property Features
Arts Centre, Lake Access, Marina, Park, Public Transit, Rec Centre
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,251 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat9.97' x 17.98'Open Concept, W/O To Balcony, Laminate
DiningFlat9.97' x 17.98'Combined W/Living, Open Concept, Laminate
KitchenFlat7.68' x 10.01'Stainless Steel Appl, Granite Counter, Breakfast Bar
Prim BdrmFlat9.97' x 12.99'W/O To Balcony, 4 Pc Ensuite, Large Window
2nd BrFlat8.99' x 11.88'Closet, Large Window, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
16 Yonge St 1701 is a 2-bedroom 2-bathroom condo listed for sale at $819,900, which is $11,805 (1.4%) lower than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Plus City Team Inc.
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