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    Toronto / Downtown / The Waterfront

    1308 - 16 Yonge St

    For RentPinnacle Centre
    $2,500/mth
    Price Cut: $2,700
    1 Bed + 1
    1 Bath
    0 Parking
    655 SQFT
    80 Days on Strata
    Est Lease Timeframe
    29 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    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
    Combined with Dining, Walkout To Balcony, Laminate
    21.75 x 10.99ft
    Dining
    Combined with Living, Open Concept, Laminate
    21.75 x 10.99ft
    Kitchen
    Tile Floor, Open Concept
    8.99 x 8.5ft

    About this Listing

    Discover The Epitome Of Sophisticated Urban Living In This Meticulously Designed 1-Bedroom Plus Den Unit With An East-Facing View At The Prestigious Pinnacle Centre. Spanning 655 Square Feet Of Interior Space, Complemented By A 43 Square-Foot Open Balcony, This Residence Features A Modern Kitchen With Granite Countertops And A Chic Backsplash. Sunlit Rooms Are Enhanced By Floor-To-Ceiling Windows And Sleek Laminate Flooring, Creating A Bright And Inviting Atmosphere. Located In The Vibrant Heart Of Downtown Toronto, Just Steps From Union Station, The Financial District, And Iconic City Landmarks, This Unit Offers An Exceptional Blend Of Comfort And Convenience. Residents Have Access To A Wide Range Of Premium Amenities, Including An Indoor Swimming Pool, Hot Tub, Sauna, Theatre Room, Party And Meeting Rooms, Gym, And Much More. Embrace The Ultimate Urban Lifestyle With Unparalleled Elegance And Convenience At The Pinnacle Centre.

    re/max condos plus corporationMLS® #C9300512

    Amenities

    Indoor Pool
    Games Room
    Party Room
    BBQs Allowed
    Indoor Parking
    Rooftop Deck

    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
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.1
    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

    11
    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$909$1,024$1,040No DataNo Data
    Avg. Wait for Unit Availability1454 Days67 Days54 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