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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 $699,000 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.
All utilities included in the maintenance fee! Incredible value at The Pinnacle. This original-owner and sun-filled unit offers 800sf of functional living space. It has a desirable split 2 bedroom layout, 2 full bathrooms, in-suite laundry, beautiful view from the balcony and views of the CN Tower from every room! The locker is conveniently located on the 4th floor - no need to go underground. Concierge is second to none at the Pinnacle and Management is a 12/10 according to the owners. Building amenities are endless with 2 gyms, a large indoor lap pool, 2 hot tubs, sauna, basketball and squash court, games room, theatre room, party room, multiple workspaces/meeting rooms, guest suites and an outdoor BBQ terrace. The 5th-floor recreation deck features a tennis court, putting green and a walking/jogging track with views of the CN Tower, Scotiabank Arena and the excitement of Downtown Toronto. There are also a number of on-site conveniences. You are steps to transit, plenty of dining and cafe options, the PATH, Harbourfront, CN Tower, Rogers Centre, Scotiabank Arena, Ripley's, Maple Leaf Square, plus the financial and entertainment districts. So whether you're into shopping, sports, concerts, dining or lakefront walks, it's ALL at your doorstep. Downtown living at its finest! The location of this building is excellent with its 98 Walk Score and 100 Transit Score. Excellent Status Certificate available upon request.
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Public Transit, Waterfront, Rec./Commun.Centre
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Data-driven valuation for 16 Yonge Street 2801, 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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.