16 Yonge Street
Building Details
Listing History for Pinnacle Centre
Amenities
Maintenance Fees
About 16 Yonge Street — Pinnacle Centre
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.
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Price Cut: $9,000 (Oct 11)
Price Cut: $11,000 (Oct 3)
Price Increase: $127,000 (Oct 30)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Pinnacle Centre
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 16 Yonge Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | No Data | $537,500 - $599,000 | $622,000 - $691,000 | $790,000 | $738,000 - $1,058,000 | No Data | No Data |
Avg. Cost Per Sqft | No Data | $1,034 | $909 | $1,024 | $1,040 | No Data | No Data |
Price Range | $2,100 | $2,150 - $2,650 | $2,450 - $3,100 | $2,750 - $3,400 | $3,100 - $3,900 | $6,100 | No Data |
Avg. Wait for Unit Availability | 1454 Days | 66 Days | 54 Days | 173 Days | 57 Days | 870 Days | No Data |
Avg. Wait for Unit Availability | 496 Days | 16 Days | 20 Days | 103 Days | 22 Days | 215 Days | No Data |
Ratio of Units in Building | 2% | 30% | 29% | 9% | 28% | 4% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Waterfront