
3211- 16 Yonge Street, Toronto C01
Toronto C01
$999,800
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by HARVEY KALLES REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
24
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
A truly rare opportunity to own an extraordinary southwest corner suite at 16 Yonge Street - perched high above the harbour in the prestigious Pinnacle Centre, one of downtown Toronto's most coveted waterfront addresses. Offering a spacious 1,012 sq.ft. of thoughtfully designed living space, this sun-drenched 2-bedroom + den residence is elevated by soaring 9-ft ceilings and dramatic wall-to-wall floor-to-ceiling windows that flood every corner with natural light. The true showstopper? Absolutely breathtaking, unobstructed southwest views of Lake Ontario, the Toronto Islands, and the shimmering waterfront - a jaw-dropping panorama that transforms every sunrise, sunset, and glittering skyline into a moment you'll never tire of. Imagine sipping your morning coffee as sailboats drift lazily across the harbour, and ending each day as the city lights dance across the water. Pure magic - every single day. The open-concept living and dining area flows effortlessly onto a private balcony - your personal front-row seat to it all. The sleek, modern kitchen is dressed with granite countertops, a stylish breakfast bar, and generous cabinetry. A versatile den delivers the perfect work-from-home retreat or cozy lounge, while the serene primary bedroom features a walk-in closet with custom built-ins. Upgraded closet organizers throughout elevate everyday living. An unbeatable bonus: 2 parking spaces AND 2 oversized lockers included - an exceedingly rare downtown combination that adds tremendous long-term value. Indulge in Pinnacle Centre's resort-style amenities: state-of-the-art fitness centre, indoor pool, Tennis court, squash & basketball courts, sauna, party room, theatre, guest suites, and 24-hour concierge. Steps to Union Station, the PATH, Financial District, Harbourfront, Scotiabank Arena, Rogers Centre, and St. Lawrence Market. Suites like this - with views like these - simply don't come along twice. A must-see!
MississaugaInvestor.ca
3211- 16 Yonge Street
Condo Apartment · 3bd/2ba · ~1,100 sqft
$999,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.71%
Monthly Cash Flow
-$4,013/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-21.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$4,602 |
| Property Tax | −$792 |
| Insurance | −$225 |
| Condo Fee | −$1,054 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$4,013/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$9,498 |
| Insurance | −$2,700 |
| Condo Fee | −$12,648 |
| Annual NOI | $7,074 |
| Cap Rate | 0.71% |
Cash Required to Close
| Down Payment (20%) | $199,960 |
| Ontario Land Transfer Tax | $16,471 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,431 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.