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    Toronto / Downtown / The Waterfront

    3206 - 16 Yonge St

    For RentPinnacle Centre
    $2,850/mth
    Price Cut: $3,000
    1 Bed + 1
    2 Bath
    1 Parking
    704 SQFT
    31 Days on Strata
    Est Lease Timeframe
    29 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    21 x 10.99ft
    Dining
    Laminate, East View, Combined with Living
    21 x 10.99ft
    Kitchen
    Laminate, Breakfast Area, Open Concept
    7.97 x 7.97ft

    About this Listing

    This spacious 1+1 bedroom unit, complete with parking, locker, and soaring 9-foot ceilings, offers an ideal living space in the heart of downtown Toronto! With 2 full washrooms, this bright and modern unit is perfect for those seeking both comfort and convenience. The Pinnacle Centre boasts state-of-the-art amenities, including an indoor pool, a fully equipped exercise room, a party room, squash courts, and a business/media room. The unit's east-facing view delivers stunning city and lake vistas, enhancing your living experience every day. The versatile den can easily be converted into a second bedroom, making this space flexible for different living arrangements. Located just steps away from Toronto's scenic waterfront, Union Station, Scotiabank Theatre, and more, you'll be surrounded by the best that the city has to offer. Please note, that this is a smoke-free and pet-free unit, ideal for those seeking a peaceful and well-maintained living environment.

    re/max plus city team inc.MLS® #C9507143

    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