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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 $899,000 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.
***Welcome to the vibrant and highly sought-after Pinnacle Centre @ 16 Yonge Street where city living meets the waterfront***This exceptional 2-bedroom plus den southwest corner unit offers an unparalleled living experience with a spacious and functional layout***9ft ceiling***Boasting large floor-to-ceiling windows***this condo is flooded with natural light and offers south views of the lake***Two thermostate that you can set different temperatures in different bedrooms***The open concept living and dining area is perfect for entertaining, seamlessly leading out to an open balcony where you can enjoy your morning coffee or unwind in the evening while enjoying the lake***The kitchen is designed for the modern homeowner, featuring ample storage, and a breakfast bar, perfect for casual dining or meal prep***Both bedrooms are generously sized, with the primary bedroom offering corner windows with views of the lake, his/hers closets and 5- piece ensuite bathroom***The den provides a versatile space that can be used as a home office, additional bedroom, or a cozy reading nook***With 2 full bathrooms, in-suite laundry, this condo checks all the boxes for both style and convenience***This unit comes with a parking spot and a locker***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***Situated in the heart of Torontos waterfront community, you're steps away from Union Station, the Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, underground path, and easy access to highways and public transit (this location scores a perfect 100 transit score). An unbeatable location. Perfect for professionals, families, or investors alike! ***Maintenance fee includes all utilities!***
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Arts Centre, Beach, Clear View, Lake Access, Public Transit, Rec./Commun.Centre
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This could be the first listing for this address.
Data-driven valuation for 16 Yonge Street 2311, Toronto C01, ON M5E 1R4
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.