1505-16 Yonge St
Waterfront Communities C1, Toronto, Ontario M5E 2A1
- Bedrooms
- 2+1
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $765at the range’s middle
- Tax a year
- $3,4162025 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 1505-16 Yonge St
1505-16 Yonge St is a 2+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $649,900 (MLS® C14134946).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs69/100+$360/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 66 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,416 / 2025
- MLS® number
- C14134946
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Microwave, Dishwasher, Washer/Dryer, Stove, Blinds and All electrical lights and fixtures.
- Condo maint.
- $715
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Primary | 3.05 × 3.05 m | Ensuite Bath, Broadloom, Large Window | Flat |
| Br | 2.74 × 2.9 m | Large Window, Closet, 2 Way Fireplace | Flat |
| Den | 2.13 × 2.29 m | Hardwood Floor | Flat |
| Living | 3.05 × 5.49 m | hardwood floor, Large Window, Balcony | Flat |
| Kitchen | 2.51 × 2.26 m | B/I Shelves, Tile Floor | Flat |
Listing history
Buy/sell history for 1505-16 Yonge St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $649,900 | N/A | For Sale | C14134946 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $129,980
- Total mortgage amount
- $519,920
- Total interest payment
- $369,580
- Total purchase cost
- $1,019,480
- Mortgage payment
- $2,965/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
10%Monthly carrying cost
$3,965- Carrying cost $3,965
- Surplus $360
Rental income opens at $4,325, the median asking rent of 66 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $9,473
- Toronto municipal land transfer tax
- $9,473
- Total land transfer tax
- $18,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $10,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $649,900
- $4,998
- Ontario total
- $9,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $9,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m113 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (364 records). It changes with the season and from spot to spot.500 m
- Bedrock about 7 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 91 building permits issued within 250 m in the last 2 years250 m
- 12 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.6 km1.6 km
- Mapped parcel: about 43,190 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 150 m150 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 420 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 2 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- In the Union Station Heritage Conservation District, by-law 634-2006
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
27 building permits cleared at this address in the City’s file.
Sign Building Permit RelatedPermit Issued
1 wall sign**PIZZA PIZZA**
Issued October 2, 2026
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to an existing retail store for new takeout resataurant - UNIT A, "Sweet Scoop". Convenience address is 16A Yonge St
Issued September 27, 2024
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to an existing retail store for new takeout resataurant - UNIT A, "Sweet Scoop". Convenience address is 16A Yonge St
Issued September 27, 2024
Interior AlterationsClosed
Proposal for interior alterations to an existing retail store for new takeout resataurant - UNIT A, "Sweet Scoop". Convenience address is 16A Yonge St
Issued September 23, 2024
Sign Building Permit RelatedClosed
2 wall signs**the sweet scoop**
Issued September 17, 2024
Sign Building Permit RelatedCancelled
2 wall signs**the sweet scoop**
Completed August 23, 2024
Sign Building Permit RelatedCancelled
2 wall signs**the sweet scoop**
Completed August 16, 2024
Sign Building Permit RelatedCancelled
2 wall signs**the sweet scoop**
Completed August 9, 2024
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
7 YONGE STSite planUnder Review
Site Plan Approval for Phase 4 & 5 of the One Yonge Development, consisting of two non-residential towers having heights of 22 and 40-storeys, respectively. There is an associated Official Plan and and Zoning By-law amendment application to revise the approved OPA and ZBA as it relates to the southerly parcel (phase 4 and 5) to allow for the inclusion of a hotel use within Phase 4 of the redevelopment, as well as changes to the proposal including the addition of a pedestrian bridge between Towers 4 and 5. application 20 152435 STE 10 OZ
110 m away7 YONGE STPlan of subdivisionAmend Drft Plan App
Draft Plan of Subdivision to create two lots separated by a public road (extension of Harbour Street).
110 m away1 YONGE STPlan of subdivisionAmend Drft Plan App
Draft Plan of Subdivision to create two lots separated by a public road (extension of Harbour Street).
180 m away1 YONGE STSite planUnder Review
Site Plan Approval for Phase 4 & 5 of the One Yonge Development, consisting of two non-residential towers having heights of 22 and 40-storeys, respectively. There is an associated Official Plan and and Zoning By-law amendment application to revise the approved OPA and ZBA as it relates to the southerly parcel (phase 4 and 5) to allow for the inclusion of a hotel use within Phase 4 of the redevelopment, as well as changes to the proposal including the addition of a pedestrian bridge between Towers 4 and 5. application 20 152435 STE 10 OZ
190 m away1 YONGE STSite planUnder Review
PHASE 3 - This Site Plan Approval application for Phase 3 proposes a 95-storey tower with a gross floor area of 93148sqm.
190 m away1 YONGE STOfficial plan or zoning amendmentOMB Appeal
The proposed applications seek to amend By-law No. 248- 2020 (LPAT) (which introduced the 1-7 Yonge Site and Area Specific Policy) and to amend site-specific Zoning By-law 249-2020 (LPAT) to permit 10 and 12 storey increases to the approved 95- and 80-storey heights of the Phases 2 and 3 mixed-use buildings,respectively, resulting in heights of 105 and 92 storeys.
190 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 630
- Median asking price
- $629K
- New in 7 days
- 70
- Price cuts
- 21%
Middle half: $539K to $837K
251 in 28 days
132 listings
This home is asking 3% above the median.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 350 m |
| King Station | TTC subway: Line 1 Yonge-University | 650 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 850 m |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 65%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 1.1 km | 78%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 1.3 km | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.3 km | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.8 km | — |
| City SchoolToronto DSB | Public · grades 9–12 | 1.9 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.1 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C1 are shown to signed-in members.