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 $1,088,000 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 Suite 2711 at 16 Yonge Street - a spacious and highly sought-after southwest corner residence in the prestigious Pinnacle Centre community in the heart of downtown Toronto. This desirable Suite 11 layout offers an exceptional blend of functionality and comfort with over 1,000 sq.ft. of thoughtfully designed living space, including a generous 2-bedroom plus den floor plan perfectly suited for comfortable everyday living, with the flexibility to accommodate professionals working from home.The suite is filled with natural light through expansive floor-to-ceiling windows and features 9-foot ceilings that enhance the open, airy feel throughout. The well-proportioned living and dining area offers excellent entertaining space, while the separate den provides flexibility for a dedicated home office or additional lounge area. Thoughtful storage solutions can be found throughout, with built-in closet organizers in all closets, while the spacious primary bedroom is further enhanced by a walk-in closet featuring a custom built-in organizer. Enjoy southwest-facing views overlooking the city skyline with partial waterfront exposure and stunning sightlines toward Scotiabank Arena.A rare offering in the downtown core, this suite also includes two parking spaces and two oversized locker units - an increasingly hard-to-find combination that adds tremendous long-term value and convenience.Residents of Pinnacle Centre enjoy access to extensive amenities including a large fitness centre, indoor pool, basketball/squash courts, sauna, party room, theatre room, guest suites, 24-hour concierge, and more. Positioned steps from Union Station, the PATH network, Toronto's waterfront, Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, and everyday conveniences, this is an ideal opportunity to establish a home in one of downtown Toronto's most connected and vibrant neighbourhoods.
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Waterfront, Public Transit, Park, Hospital
Other
Alarm System, Security Guard, Security System, Concierge/Security
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This could be the first listing for this address.
Data-driven valuation for 16 Yonge Street 2711, 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 $1,088,000 in Toronto, the legal minimum down payment is $217,600 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 $18,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,235 also applies, bringing the total estimated land transfer taxes to $36,470.
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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.