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Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $871,500 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.
Spectacular Lower Penthouse with Breathtaking Lake & Skyline Views! Experience the pinnacle of downtown living in this prestigious Pinnacle Centre residence. This rarely offered Lower Penthouse suite floats above the city, offering an expansive approx. 1070 sq. ft.of bright, open-concept living, amplified by soaring 9-foot ceilings. Floor-to-ceiling windows frame captivating views of Lake Ontario and the city skyline. The functional, sun-drenched layout is perfect for both sophisticated entertaining and comfortable daily life.The modern kitchen is a chef's delight, featuring granite countertops and a convenient breakfast bar. The spacious living and dining area flows seamlessly to your private approx. 54 sq. ft. balcony, perfect for morning coffee while overlooking the water.This exceptional layout features a well-appointed clustered-bedroom floor plan, ideal forfamilies with young children who want to be close by. It includes two generously sized bedrooms and two full washrooms. The versatile den provides the ideal space for a private home office.This unit also includes a highly coveted parking spot (L3-A50) conveniently located close to the entrance, as well as a large storage locker (L3 #80).Living at the Pinnacle Centre is a true resort-style experience. The world-class amenities are unparalleled, including two fitness centres, a 70-ft lap pool, two hot tubs, a sauna, a steamroom, tennis and squash courts, a movie theatre room, guest suites, a business centre, and an outdoor BBQ terrace. With an unmatched location in the heart of the city, you are just steps from Union Station, the PATH system, Scotiabank Arena, the Financial and Entertainment Districts, and the beautiful Harbourfront. Quick access to the Gardiner Expressway and Billy Bishop Airport makes any commute effortless. This is downtown living at its absolute finest.
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Clear View, Lake Access, Park, Public Transit, Waterfront
Carpet Free
Carbon Monoxide Detectors, Concierge/Security, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 Yonge Street 3904, Toronto C01, ON M5E 2A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $871,500 in Toronto, the legal minimum down payment is $62,150 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 $13,905 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,905 also applies, bringing the total estimated land transfer taxes to $27,810.
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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.