16 Yonge St Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


16 Yonge St, Toronto M5E2A1

Pinnacle Centre was built by
Pinnacle InternationalFor more than 40 years, they have been leaders in master-planned communities, providing exclusive luxury apartment housing, retail, and commercial development.
and completed in year 2006.

There are total 40 floors and approximately 490 units.

The building currently has 5 units on sale, and 5 for lease.

Condo monthly management fee includes: Heat, Water, Hydro and Air Conditioning.

Condo facility includes: Gym, Concierge, Indoor Pool, Party/Meeting Room, Baseketball Court, Visitor Parking, Sauna, Guest Suites and Tennis Court.

Condo Building Analysis

For Sale

Condo values have decreased 7.4% over the past two years.

Maintenance costs have increased 3.7% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$750 – $920/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.36 – $4.53/sqft

How This Condo Compares

Price Position
In Line
Recent sale prices are broadly in line with similar-age condos in the community.
Maintenance Cost
6.4% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
11.7% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.

School Information

  • Market Lane Junior and Senior Public School (Grade:JK-8) 2364/3037
  • Jarvis Collegiate Institute (Grade:9-12) 651/739
  • St. Michael Catholic School (Grade:JK-8) 1195/3037
  • Dundas Junior Public School (Grade:JK-5)
  • Queen Alexandra Middle School (Grade:6-8)
  • Winchester Junior and Senior Public School (Grade:0-8)


Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 86% of residents hold a bachelor's degree or higher, while about 7% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway Union Subway Station: 0.4km (~7 mins walk)
GTA Go Train Union Go Train Station (0.4km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
3806 3 2 1 1200-1399 1,268,000
2903 1 1 0 500-599 525,000
3211 2+1 2 2 1000-1199 968,000
1808 1+1 1 1 600-699 540,000
1505 2+1 2 0 800-899 649,900


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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