
1808- 16 Yonge Street, Toronto C01
Toronto C01
$569,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 16 Yonge Street - a spacious and highly sought-after unit in the prestigious Pinnacle Centre community in the heart of downtown Toronto. This desirable layout offers an exceptional blend of functionality and comfort with thoughtfully designed living space, including a generous 1-bedroom plus den floor plan perfectly suited for comfortable everyday living, with the flexibility to accommodate professionals working from home. The suite is filled with natural light through expansive floor-to-ceiling windows and features 9-foot ceilings that enhance the open, airy feel throughout. The well-proportioned living and dining area offers excellent entertaining space, while the separate den provides flexibility for a dedicated home office or additional lounge area. Residents of Pinnacle Centre enjoy access to extensive amenities including a large fitness center, indoor pool, basketball/squash courts, sauna, party room, theatre room, guest suites, 24-hour concierge, and more. Positioned steps from Union Station, the PATH network, Toronto's waterfront, Financial District, Scotiabank Arena, Rogers Centre, restaurants, shopping, and everyday conveniences, this is an ideal opportunity to establish a home in one of downtown Toronto's most connected and vibrant neighborhoods.
MississaugaInvestor.ca
1808- 16 Yonge Street
Condo Apartment · 2bd/1ba · ~550 sqft
$569,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.27%
Monthly Cash Flow
-$2,022/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-19.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,624 |
| Property Tax | −$451 |
| Insurance | −$225 |
| Condo Fee | −$622 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,022/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,415 |
| Insurance | −$2,700 |
| Condo Fee | −$7,464 |
| Annual NOI | $7,221 |
| Cap Rate | 1.27% |
Cash Required to Close
| Down Payment (20%) | $113,999.8 |
| Ontario Land Transfer Tax | $7,875 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,874.8 |
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
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