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    16 Yonge Street

    Pinnacle Centre
    4for Sale
    7for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    42
    Number of Units:
    508
    Condo Completion:
    2006
    Condo Demand:
    Medium
    Unit Size Range:
    378 - 1,790 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Pinnacle Centre

    Receive listing updates for The Waterfront

    Amenities

    Security System
    Rooftop Deck
    Tennis Court
    Sauna
    Indoor Parking
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 16 Yonge StreetPinnacle 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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    Listings For Sale

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    7

    Listings For Rent

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    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%

    Maintenance Fees

    Pinnacle Centre vs The Waterfront Area

    Days on Strata

    Units at Pinnacle Centre spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    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

    27th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    53
    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 - $599,000$622,000 - $691,000$790,000$738,000 - $1,058,000No DataNo Data
    Avg. Cost Per SqftNo Data$1,034$885$1,024$1,040No DataNo Data
    Avg. Wait for Unit Availability1454 Days66 Days50 Days174 Days58 Days870 DaysNo Data
    Ratio of Units in Building2%30%29%9%28%4%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Waterfront