$540,000
For sale: Apartment

Welcome to 16 Yonge Street - a spacious and highly sought-after unit in the prestigious Pinnacle Centre community in the heart of downtown Toronto. This desirable layout offers an exceptional blend of functionality and comfort with thoughtfully designed living space, including a generous 1-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. (water, hydro, heat)ALL UTILITIES INCLUDED IN THE LOW MAINTENANCE FEES! Residents of Pinnacle Centre enjoy access to extensive amenities including a large fitness center, 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 neighborhoods.
Sold data
Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $622,500.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 420 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$545,000
Apartment2007 - 80 QUEENS WHARF ROAD, Waterfront Communities C1, Toronto

$549,000
Apartment908 - 39 SHERBOURNE STREET, Moss Park, Toronto

$549,900
Apartment1006 - 4K SPADINA AVENUE, Waterfront Communities C1, Toronto

$524,900
Apartment301 - 9 SPADINA AVENUE, Waterfront Communities C1, Toronto

$549,000
Apartment1811 - 15 MAITLAND PLACE, Cabbagetown-South St. James Town, Toronto

$539,000
Apartment2201 - 15 LEGION ROAD, Mimico, Toronto

$535,000
ApartmentPH03 - 30 GRAND TRUNK CRESCENT, Waterfront Communities C1, Toronto

$559,900
Apartment1309 - 65 EAST LIBERTY STREET, Niagara, Toronto