16 Yonge Street, Toronto, ON

$871,500
MLS#:C12591688
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • Efficient forced air heating via gas

Description

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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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 8, 2026
Sold price information is available to members only
Listed Date12/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleMulti-Level
ConstructionConcrete, Other
BasementNone
CountyToronto
Annual Tax$4,804

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Clear View, Lake Access, Park, Public Transit, Waterfront

Interior Features

Carpet Free

Security Features

Carbon Monoxide Detectors, Concierge/Security, Smoke Detector

Community Features

Location

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16 Yonge Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 Yonge Street 3904, Toronto C01, ON M5E 2A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$62,150 (7.1%)
* Minimum Canadian down payment required for this price is $62,150.
Amortization Period25 Years
Estimated Monthly Payment$4,823Based on a loan of $809,350 over 25 years.
Purchase Price$871,500
Loan Amount$809,350
Provincial Land Transfer Tax:$13,905
Toronto Municipal Land Transfer Tax:$13,905
Total Estimated Closing Taxes:$27,810

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.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,517

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.