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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 $579,000 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 16 Yonge Street - an unbeatable downtown location offering exceptional value and an extensive list of amenities. This spacious 1-bedroom plus den, 2-bathroom suite offers 684 sq. ft. of well-designed living space with 9-foot ceilings. The functional layout features an open-concept living and dining area, a modern kitchen with built-in appliances, and a generous den ideal for a home office or additional living space. The primary bedroom includes a 4-piece ensuite and closet, and the unit is further complemented by two additional closets and a convenient in-suite washer and dryer. Well-proportioned layouts like this are rarely found in newer buildings. A unique advantage of being on the 3rd floor is having access to an additional bank of elevators at 12 Yonge Street, providing added ease and efficiency for residents. Amenities are ideally located on the 2nd floor, allowing for quick and easy access without long elevator wait times. Maintenance fees are all-inclusive (excluding internet and cable), providing excellent value. Residents enjoy access to an impressive range of amenities, including a state-of-the-art fitness centre, 70-ft lap pool, outdoor terrace with BBQ area, tennis and squash courts, sauna, party/meeting room, guest suites, visitor parking, and 24-hour concierge service. Minutes to Union Station, PATH System, Harbourfront, Financial District, St. Lawrence Market, Bike Trails and Groceries! Prime location in a demand building!
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Arts Centre, Beach, Clear View, Lake Access, Park, Public Transit
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 Yonge Street 303, 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 $579,000 in Toronto, the legal minimum down payment is $32,900 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 $8,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,055 also applies, bringing the total estimated land transfer taxes to $16,110.
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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.