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Condo ApartmentListed 63 days ago

$1,038,000

16 Yonge Street 2711, Toronto, ON M5E 2A1

Waterfront Communities C1 · Toronto · M5E 2A1

Listing brokerage: SAGE REAL ESTATE LIMITED

Beds
2 + Den
Baths
2
Sq ft
1000–1199
Parking
2
Virtual tour

Monthly costs

Maintenance

$1,054/mo

$1.00 per sq ft

Property taxes

$395/mo

$4,736 a year (2025)

About $1,449 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Hydro
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Common Elements
  • Covered: Building Insurance

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
South West
Parking
2 spots · Underground
Locker
Owned
Balcony
Open
Laundry
In-Suite Laundry
Age
16-30 years
Possession
Flexible/TBD

The building

Pinnacle Centre

16 Yonge St · The Waterfront

  • 3 for sale
  • 4 for rent
  • 42 floors

About this home

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.

All details28 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2 + Den
Bathrooms
2
Kitchens
1
Rooms
5
Den / family room
Yes
Size
1000-1199 sq ft
Fireplace
Yes

Features

  • Other

Building & Amenities

Floor
27
Property management
Del Property Management

Amenities

  • Bike Storage
  • Concierge
  • Exercise Room
  • Squash/Racquet Court
  • Tennis Court
  • Party Room/Meeting Room

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
2

Features

  • Underground

Exterior & Lot

Style
Apartment
Exterior
Concrete
View
City
Waterfront
WaterfrontCommunity
Water body
Lake Ontario

Taxes & Fees

HST
Included In

Listing

MLS® number
C13666846
Type
Condo Apartment
Transaction
For Sale
Cross streets
Yonge St & Harbour St
Neighbourhood
Waterfront Communities C1
Rooms · 7Den, Bedroom 2, Primary Bedroom, Living Room, Dining Room, Washroom ×2
  • Den

    Main

    2.43 × 2.13 m · 8′0″ × 7′0″

  • Bedroom 2

    Main

    3.35 × 3.05 m · 11′0″ × 10′0″

    Closet Organizers

  • Primary Bedroom

    Main

    3.96 × 3.20 m · 13′0″ × 10′6″

    4 Pc Ensuite, Walk-In Closet(s), Closet Organizers

  • Living Room

    Main

    4.57 × 5.40 m · 15′0″ × 17′9″

    Combined w/Dining

  • Dining Room

    Main

    4.57 × 5.40 m · 15′0″ × 17′9″

    Combined w/Living

  • 4-piece washroom

  • 3-piece washroom

History

Past listings and sales for this home and building.

Location

16 Yonge Street 2711, Toronto, ON M5E 2A1 · Near Yonge St & Harbour St

Monthly cost

Estimated monthly cost

$6,045/mo

Mortgage
$4,596
Property tax
$395
Maintenance
$1,054
Down payment$207,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$244,766

$207,600 down + $37,166 to $38,416 in closing costs

Ontario land transfer tax
$17,235
Toronto land transfer tax
$17,235
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$234
Condo fee adjustment
$612

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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7

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$1,038,000

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