pin_buy16 Yonge St
3Listings for Salefor Sale
2Listings for Rentfor Rent
building_buyPinnacle Centre
pin_buy16 Yonge Stexpand addresses list
    building_buyPinnacle Centre
    3Listings for Salefor Sale
    2Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Average
    Property Type
    Condo
    Developer
    Pinnacle International
    Condo Completion
    2006
    Property Management
    Del Property Management Inc.
    Unit Size Range
    378 - 1783 SQFT
    Number of Units
    508
    Number of Storeys
    42

    16 Yonge St, Toronto

    About this condo

    Condo Overview

    With the entertainment district to the west, The Waterfront to the south, Old Toronto to the north, and the Distillery District to the east, the Pinnacle Centre Condos at 16 Yonge Street are in the perfect location for residents to truly experience all of what downtown Toronto has to offer, and then some.

    Built in 2006, 16 Yonge Street is one of the five residential towers that make up the massive Pinnacle Centre. These high-rise condos have a façade of teal glass and metal that sits atop a large circular podium, with landscaped gardens surrounding the building. Depending on the exposure, the building offers fantastic vistas of the lake, east Toronto, the financial district, or the CN Tower.

    In addition to a great location and sleek, contemporary style, the Pinnacle Centre Condos have perhaps more amenities than any other building in the city. Within the 30,000 square foot podium at the base of the condo towers, residents will find a gym, concierge and security services, a party room, guest suites, garage parking, a pool, saunas, and a meeting room. But that’s not all: there’s also a media room, a squash court, a basketball court, a billiards room, lounges, an outdoor terrace with barbecues, mini-golf, an outdoor tennis court, and a running track.

    The Suites

    Standing at 42 storeys, 16 Yonge Street holds 501 units that range in size from around 500 to 1,400 square feet. These Toronto condos for sale are bright, clean, spacious and modern; everything a prospective resident could ask for, whether they’re on their own, starting a career, or even part of a large family. Suites come with one to two bedrooms, one to two bedrooms, and additional dens in some units.

    The Pinnacle Centre Condos present elegant and cosmopolitan living spaces, designed with smart open-concept designs to maximize space and utilize the light from the floor-to-ceiling windows. The suites feature chef-inspired kitchens with integrated stainless steel appliances, cozy breakfast bars, stone countertops and modern cabinetry.

    Floors are finished with laminate wood, while walls and ceilings are smooth. Suites at 16 Yonge Street have stacked washer/dryer units in laundry closets, and many of the suites come with large balconies that are ideal for enjoying the sights and sounds of Toronto’s busy streets.

    The Neighbourhood

    Downtown Toronto is at the fingertips of residents living at the Pinnacle Centre Condos. The nearby streets of Old Toronto (such as Bay Street, King Street, Front Street and Yonge Street) offer a wide array of great restaurants, bars, clubs and shops to check out. But that’s just scratching the surface of what’s nearby.

    Nearby entertainment venues include the Hockey Hall of Fame, Ripley’s Aquarium, the Sony Centre for the Performing Arts, and the Metro Toronto Convention Centre. If that’s not enough, there’s also movies at the Tiff Bell Lightbox or Scotiabank Theatre, and NHL, MLB and NBA games at the Rogers Centre and Scotiabank Arena.

    For more sophisticated entertainment, residents can visit Roy Thompson Hall or the Royal Alexandra Theatre. And of course, there’s always something happening at the nearby Harbourfront Centre, and plenty of great produce shopping at the St. Lawrence Market to the north.

    If residents ever get tired of the urban sprawl at their doorstep, they can visit nearby parks like Sugar Beach Park, Harbour Square Park, Roundhouse Park, and St James Park. Best of all, the Jack Layton Ferry Terminal is just south of the building, meaning the Toronto Islands and Centreville Theme Park are never that far away.

    Transportation

    Residents will find commuting and exploring the city quite simple. Union Station is an 8 minute walk away from 16 Yonge Street, and additional TTC routes along Yonge Street, Harbour Street, and Queens Quay West are nearby. The ferries to the Toronto Islands are a 4 minute walk south of the building, and frequently flying residents will appreciate the ease of access to Billy Bishop Toronto City Airport.

    For drivers at the Pinnacle Centre Condos, the closest highway is the Gardiner Expressway, accessible via Queens Quay West and Bay Street.

    3

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Security System
    BBQ
    Guest Suites
    Visitor Parking
    Recreation Room
    Sauna
    Rooftop Deck/Garden
    Indoor Pool
    Squash Racquet Court
    Tennis Court
    Party/Meeting Room
    Gym
    Games Room
    Concierge
    Underground Parking

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Pinnacle Centre vs The Waterfront Area

    $29.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Pinnacle Centre's Avg
    price per SQFT
    $1,168
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,139
    / SQFT

    Building Trends At Pinnacle Centre

    Days on Market

    Units at Pinnacle Centre spend an average of
    14
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 39 condos in The Waterfront area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    76
    Units were Rented over the past twelve months

    Best Value

    Pinnacle Centre offers the
    ?
    best value out of 39 condos in neighbourhood

    Return on Investment

    Pinnacle Centre has the
    ?
    highest ROI out of 39 condos in neighbourhood

    Rental Yield

    Pinnacle Centre yields the
    ?
    highest rent prices out of 39 condos in neighbourhood

    High Demand

    Pinnacle Centre is the
    ?
    most popular building out of 39 condos in neighbourhood

    Sales vs Rental Values For This Condo

    Studio403 - 403 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,700 - $1,700
    1 Bed498 - 799 SQFT
    Average Cost Per Sqft$1,206
    Sales Price Range$620,000 - $732,000
    Rental Price Range$1,900 - $2,400
    1 Bed + Den610 - 839 SQFT
    Average Cost Per Sqft$1,064
    Sales Price Range$707,000 - $810,000
    Rental Price Range$2,200 - $2,650
    2 Bed684 - 799 SQFT
    Average Cost Per Sqft$1,053
    Sales Price Range$800,000 - $848,000
    Rental Price Range$2,600 - $3,250
    2 Bed + Den747 - 1251 SQFT
    Average Cost Per Sqft$1,103
    Sales Price Range$992,500 - $1,440,000
    Rental Price Range$2,695 - $3,550
    3 Bed1190 - 1416 SQFT
    Average Cost Per Sqft$1,166
    Sales Price Range$1,300,000 - $1,300,000
    Rental Price Range$6,000 - $6,000

    How Often Are Units Listed?

    Studio378 - 403 SQFT
    Average Sales Availability
    Every836Days
    Average Rental Availability
    Every693Days
    Ratio of Unit Type in Building2%
    1 Bed425 - 799 SQFT
    Average Sales Availability
    Every54Days
    Average Rental Availability
    Every15Days
    Ratio of Unit Type in Building30%
    1 Bed + Den549 - 839 SQFT
    Average Sales Availability
    Every47Days
    Average Rental Availability
    Every19Days
    Ratio of Unit Type in Building30%
    2 Bed684 - 904 SQFT
    Average Sales Availability
    Every165Days
    Average Rental Availability
    Every120Days
    Ratio of Unit Type in Building8%
    2 Bed + Den747 - 1251 SQFT
    Average Sales Availability
    Every49Days
    Average Rental Availability
    Every20Days
    Ratio of Unit Type in Building29%
    3 Bed1190 - 1615 SQFT
    Average Sales Availability
    Every662Days
    Average Rental Availability
    Every298Days
    Ratio of Unit Type in Building3%
    3 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Pinnacle Centre vs The Waterfront Area

    $0.04
    Less Expensive
    per SQFT compared to the neighbourhood average
    Pinnacle Centre's Avg
    monthly maintenance
    fee per SQFT
    $0.72
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.76
    / SQFT

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