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    Toronto / Downtown / The Waterfront

    1504 - 16 Yonge St

    For RentPinnacle Centre
    $2,400/mth
    1 Bed
    1 Bath
    0 Parking
    515 SQFT
    25 Days on Strata
    Est Lease Timeframe
    31 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Windows Floor to Ceiling, Walkout To Balcony, Combined with Dining
    10.6 x 16.34ft
    Dining
    Combined with Living, Laminate
    10.6 x 16.34ft
    Kitchen
    Combined with Dining, Granite Counter, Breakfast Bar
    7.81 x 9.09ft

    About this Listing

    Welcome to this bright and charming one-bedroom apartment, perfectly located in the vibrant heart of downtown Toronto. Whether you're working in the financial district or enjoying the city's world-class dining, shopping, and entertainment, this apartment offers the ideal blend of convenience and comfort. Large windows provide abundant natural light, creating a warm and inviting space. Open-concept living and dining space perfect for relaxing or entertaining. A generous-sized bedroom with plenty of closet space. Steps to TTC, transit, restaurants, cafes, parks, and more. On-site laundry facilities, 24/7 security, and more. Perfect for professionals, or anyone seeking to experience Torontos vibrant downtown lifestyle. Dont miss out on this incredible opportunity to live in one of Torontos most sought-after neighbourhoods. Furnished option is available at $2600 per month.

    royal lepage realty plus oakvilleMLS® #C11440369

    Amenities

    Party Room
    Sauna
    Rec Room
    Gym Room
    Security System
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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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.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Pinnacle Centre vs The Waterfront Area

    Building Trends At Pinnacle Centre

    Days on Strata

    Units at Pinnacle Centre spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

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

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value Rank

    Pinnacle Centre offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    Pinnacle Centre has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    Pinnacle Centre yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    Pinnacle Centre is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 16 Yonge Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$537,500 - $605,500$677,000 - $691,000$790,000$738,000 - $1,058,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,024$884$1,024$1,038No DataNo Data
    Avg. Wait for Unit Availability1454 Days68 Days53 Days173 Days57 Days870 DaysNo Data
    Ratio of Units in Building2%30%29%9%28%4%1%

    Transactions vs Inventory

    Total number of units listed and leased in Waterfront