16 Yonge Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $700,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to #807 -16 Yonge A 1+Den unit, beautifully converted by a professional to a 2-bedroom, 2-bathroom layout in the heart of downtown. Both bedrooms feature their own full ensuite bathroom and closet, offering ideal separation and privacy. Both bedrooms are quite large, and will allow investors to yield higher rents. The open-concept living space includes floor-to-ceiling windows, a walk-out balcony, and a modern kitchen with granite counters and a breakfast bar. Located in the renowned Pinnacle Centre with 24hr concierge, indoor pool, hot tub, gym, tennis court, golf simulator, guest suites, and more. Just steps to Union Station, the PATH, Scotiabank Arena, waterfront, and top dining. Perfect for end users or investors looking for location, layout, and lifestyle.
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Key Features
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Interior Features
Carpet Free
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Security Guard, Smoke Detector
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 16 Yonge Street 807, Toronto C01, ON M5E 2A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $700,000 in Toronto, the legal minimum down payment is $45,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,475 also applies, bringing the total estimated land transfer taxes to $20,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
