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New2 hours ago

1505 - 16 Yonge Street

Waterfront Communities C1, Toronto

$649,900

Condo Apartment |
2 + 1 | 2 | 0 | 0
About this home

Beautiful 2 bedroom + den, 2 bath residence on the 15th floor of Pinnacle Centre with north- facing views of the downtown Toronto skyline. The open-concept layout features a bright living/dining area, two bedrooms, a separate den ideal for a home office, and two full baths, plus in-suite laundry. Wake up to the Financial District towers framed in your window, walk to Union Station in 8 minutes, and reach the waterfront in a few minutes on foot. Finish the day at the Pinnacle Club - indoor pool, full gym, tennis, squash, theatre, party room, billiards and guest suites, all with 24-hour concierge. The PATH, Scotiabank Arena, St. Lawrence Market and the city's best restaurants are steps away, and the Gardiner is seconds from the building. This is downtown living done right.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$715
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,416
mls© NumberC14134946
Listed ByCENTURY 21 GREEN REALTY INC.
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$285
Heat allowance
$150
Condo fees, half counted
$357
Housing costs
$4,118 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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