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New1 hour ago

1808 - 16 Yonge Street

Waterfront Communities C1, Toronto

$540,000

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

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.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$622
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,115
mls© NumberC14089288
Listed ByRE/MAX GOLD REALTY INC.
Heat Included
Hydro Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,764
Property tax
$260
Heat allowance
$150
Condo fees, half counted
$311
Housing costs
$3,485 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $108,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$108,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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