3211-16 Yonge Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13861324

$968,000
For Sale
Listed 14 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
2Garage
1000-1199Sq ft

About this home

In short

  • Some homes are just places to live.
  • Soaring 9-ft ceilings and floor-to-ceiling windows fill every corner with light, framing unobstructed southwest views of Lake Ontario, the Toronto Islands, and the...
  • The open-concept living and dining area flows onto your private balcony, your front-row seat to it all.
  • The tranquil primary bedroom offers a walk-in closet with custom built-ins, plus upgraded closet organizers throughout.
  • In downtown Toronto, that combination is exceptionally rare and delivers outstanding long-term valueLive well, every day, with Pinnacle Centre's resort-style...

Some homes are just places to live. This one changes how you live. Introducing an extraordinary southwest corner suite at 16 Yonge Street, high above the harbour in the prestigious Pinnacle Centre, one of downtown Toronto's most coveted waterfront addresses. Every day here begins with a view that reminds you how far you've come.Spanning 1,012 sq.ft., this sun-drenched 2-bedroom + den is built for those who want more out of life. Soaring 9-ft ceilings and floor-to-ceiling windows fill every corner with light, framing unobstructed southwest views of Lake Ontario, the Toronto Islands, and the shimmering waterfront. Start your mornings watching sailboats glide across the harbour, and end your days as golden sunsets give way to a glittering skyline. This isn't just a view. It's proof you've arrived.The open-concept living and dining area flows onto your private balcony, your front-row seat to it all. The sleek kitchen features granite countertops, a breakfast bar, and generous cabinetry, ready for celebrating your biggest wins. The versatile den is your launchpad for work, creativity, or recharging. The tranquil primary bedroom offers a walk-in closet with custom built-ins, plus upgraded closet organizers throughout.Here's what truly sets this home apart: 2 parking spaces AND 2 oversized lockers. In downtown Toronto, that combination is exceptionally rare and delivers outstanding long-term valueLive well, every day, with Pinnacle Centre's resort-style amenities: a state-of-the-art fitness centre, indoor pool, tennis court, squash and basketball courts, sauna, party room, theatre, guest suites, and 24-hour concierge. Step outside and the city is yours, with Union Station, the PATH, the Financial District, Harbourfront, Scotiabank Arena, Rogers Centre, and St. Lawrence Market all moments away.Opportunities like this don't wait, and neither should you. Suites with views like these simply don't come along twice. Your next chapter is ready. Book your private showing today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13861324
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge St & lakeshore
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,054/mo
Exposure
South West
Property tax
$4,819 / 2026
Days on market
14
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Powder RoomFlat0.00 × 0.00 m

2 Pc Bath

Dining RoomFlat5.48 × 4.45 m

hardwood floor · sw view · combined w/living

KitchenFlat2.59 × 2.13 m

granite counters · stainless steel appl

LaundryFlat0.00 × 0.00 m
Primary BedroomFlat3.95 × 3.05 m

closet organizers · hardwood floor · walk-in closet(s)

Bedroom 2Flat3.34 × 3.05 m

closet organizers · hardwood floor

Living RoomFlat5.48 × 4.45 m

combined w/dining · w/o to balcony · hardwood floor

DenFlat2.43 × 2.14 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$525K
Moss Park
$495K
Kensington-Chinatown
$548K
North St. James Town
$649K
Niagara
$631K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary1.3 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.3 km · 98% at standard
Bishop Macdonell Catholic School · Catholic elementary1.6 km · 82% at standard
Jean Lumb Public School · Public elementary1.6 km · 73% at standard
Contact Alternative School School · Public secondary1.6 km
Ogden Junior Public School · Public elementary1.7 km · 69% at standard
St Paul Catholic School · Catholic elementary1.8 km · 62% at standard
Oasis Alternative Secondary School · Public secondary1.8 km
ALPHA Alternative Junior School · Public elementary1.8 km
City School · Public secondary1.9 km · 58% at standard
The Waterfront School · Public elementary1.9 km · 74% at standard
Heydon Park Secondary School · Public secondary2.0 km · 8% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,412/mo
$204KIncome needed
4.7×Price ÷ income
$1,018Weekly cost
$31,670Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $4,412Property tax $402Condo fee $1,054Total carry $5,867

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,282per month

Mortgage amount $774,400 · 4.49% over 25 years

$193,600Down payment (20.0%)
$774,400Loan before insurance
$0CMHC premium
$5,737Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,282
Property tax
$402
Condo / maintenance fees
$1,054
Heating
$0
Estimated monthly cost
$5,737

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,835
Toronto municipal land transfer tax
$15,835
Estimated closing costs
$31,670

Plus your down payment of $193,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,182/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$510,137Total interest paid
$1,284,537Total of all payments
Principal $774,400 Interest $510,137
YearPrincipalInterestBalance
1$17,281$34,100$757,119
2$18,066$33,316$739,053
3$18,886$32,495$720,167
4$19,744$31,638$700,423
5$20,640$30,741$679,783
6$21,577$29,804$658,205
7$22,557$28,824$635,648
8$23,581$27,800$612,067
9$24,652$26,730$587,415
10$25,771$25,610$561,644
11$26,941$24,440$534,703
12$28,165$23,217$506,538
13$29,443$21,938$477,095
14$30,780$20,601$446,315
15$32,178$19,204$414,137
16$33,639$17,743$380,498
17$35,166$16,215$345,332
18$36,763$14,619$308,570
19$38,432$12,950$270,138
20$40,177$11,205$229,961
21$42,001$9,380$187,960
22$43,908$7,473$144,052
23$45,902$5,480$98,150
24$47,986$3,396$50,165
25$50,165$1,217$0

At the end of your 5-year term

Total paid over the term
$256,907
Principal paid down
$94,617
Interest paid
$162,290
Balance remaining
$679,783

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $4,819− Condo fees $12,648− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,245

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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