16 Yonge Street 1808, Toronto C01

$540,000
16 Yonge Street 1808

$540,000

New
8d
Condo ApartmentApartment

16 Yonge Street 1808, Toronto C01

Total Monthly Obligation $3,260

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
19
Yield
6.0%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-C14089288
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,115.26 (2026)
Maintenance-$622.26/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

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. (water, hydro, heat)ALL UTILITIES INCLUDED IN THE LOW MAINTENANCE FEES! 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.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$432,000
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$3,260/mo
Mortgage $2,178
Monthly Loss $2,687
Principal$573
Interest$1,605
Property Tax$260
Condo Fees$622
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.0%29
10-Year IRR
10.0%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,352/yr
NOI
$16,134/yr
Net Cash Flow
-$834/mo
Cash Margin
-30.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 16 Yonge Street 1808

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.