$1,038,000
For sale: Apartment

Welcome to Suite 2711 at 16 Yonge Street - a spacious and highly sought-after southwest corner residence in the prestigious Pinnacle Centre in the heart of downtown Toronto. Recently upgraded with brand new, desirable wide-plank flooring throughout, this beautifully refreshed suite offers a modern, move-in-ready aesthetic in one of the building's most sought-after layouts. Offering over 1,000 sq.ft. of thoughtfully designed living space, this desirable Suite 11 layout features 2 bedrooms plus a separate den, ideal for professionals working from home or those seeking additional living space. Expansive floor-to-ceiling windows fill the suite with natural light, while 9-foot ceilings enhance the bright, open feel throughout. The well-proportioned living and dining area is perfect for entertaining, while the separate den provides an ideal home office or lounge. Built-in closet organizers are featured throughout, and the spacious primary bedroom includes a walk-in closet with custom organizers. Enjoy southwest-facing city views with partial waterfront exposure and stunning sightlines toward Scotiabank Arena.A rare offering in the downtown core, this suite includes 2 parking spaces and 2 oversized lockers-an increasingly hard-to-find combination that adds exceptional convenience and value.Residents enjoy access to outstanding amenities, including a large fitness centre, indoor pool, basketball and squash courts, sauna, party room, theatre room, guest suites, and 24-hour concierge. Ideally located just steps to Union Station, the PATH, Toronto's waterfront, the Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, and everyday conveniences, this is an exceptional opportunity to own in one of downtown Toronto's most connected neighbourhoods.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 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.
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