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Pinnacle Centre

16 Yonge St, Downtown

Features

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Price/Sqft Range

382 sqft - 1405 sqft

Avg Price/Sqft

$891 / sq. ft.

Completed

Built: 2006

Building Scale

Floors: 42 | Total Units: 508

Building Details

Building Type

High-Rise condo

Property Management

Built in 2006

Condo Corp

TSCC-1788

Date Registered

Aug 15, 2006

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Parking

Water

Description

1 - About Pinnacle Centre

  • Address: 16 Yonge St, Toronto
  • Neighbourhood: Waterfront Communities C1, Downtown Toronto
  • Storeys: 42
  • Units: 508
  • Built Year: 2006
  • Builder: Pinnacle International
  • Building Type: High-Rise Condo
  • Suite Sizes: 382 sqft – 1,405 sqft
  • Average Price: $891 / sq. ft.

2 - Overview of Pinnacle Centre

Completed in 2006, Pinnacle Centre stands as the inaugural phase of an ambitious multi-tower residential development in Downtown Toronto. Rising 42 storeys above former railway lands in the Waterfront Communities C1 district, this high-rise represents a transformation of industrial heritage into modern urban living.

The building's distinctive architecture showcases a teal glass and metal façade that creates a striking presence along the waterfront skyline. The tower emerges from a circular podium crowned with carefully landscaped gardens, providing an elegant transition between street level and the residential floors above.

Inside, suite layouts prioritize natural light through floor-to-ceiling windows while utilizing open-concept designs that seamlessly integrate living and dining spaces for maximum functionality.

3 - Suite Sizes & Value

Pinnacle Centre accommodates diverse living needs with floor plans spanning from efficient 382 square foot studios to spacious 1,405 square foot multi-bedroom suites. This range serves everyone from young professionals seeking their first downtown home to growing families requiring additional space.

With an average market value of $891 per square foot, the building offers competitive pricing for the waterfront location. Suite interiors feature quality finishes including stone countertops, stainless steel appliances, and durable laminate wood flooring that combines style with practicality.

4 - Building Amenities & Features

  • The Pinnacle Club: A comprehensive 30,000 square foot multi-level amenity centre
  • Aquatics & Wellness: Indoor swimming pool, hot tub, saunas, and steam room for year-round relaxation
  • Athletic Facilities: Fully equipped gym, squash court, basketball court, and outdoor tennis court
  • Recreation & Leisure: Mini-golf course, billiards room, media room, and party room for entertaining
  • Outdoor Space: Rooftop terrace featuring barbecue areas and a running track with harbour views
  • Services: Round-the-clock concierge and security, guest suites for visitors, and secure garage parking

5 - Location Highlights

  • Transit Connectivity: Direct access to Union Station providing seamless connections to TTC subway, GO Transit regional services, and UP Express to Pearson Airport. The building links to Toronto's PATH underground network and dedicated cycling infrastructure
  • Professional & Entertainment Hub: Steps from Toronto's Financial District, Scotiabank Arena, Rogers Centre, and the iconic CN Tower
  • Cultural & Retail Access: Walking distance to historic St. Lawrence Market, the cobblestone streets of the Distillery District, and the vibrant Entertainment District
  • Waterfront Recreation: Extensive parks and scenic promenades along Lake Ontario and Toronto Harbour offer year-round outdoor activities

6 - Lifestyle Near Pinnacle Centre

Life at 16 Yonge Street caters to urban professionals and families who value convenience and connectivity. The extensive on-site fitness facilities eliminate the need for external gym memberships, while the waterfront location provides endless recreational opportunities.

Positioned strategically between the Financial District and the harbour, residents enjoy unparalleled access to Toronto's business core, major transportation networks, and premier entertainment venues. This central location makes daily commuting effortless while keeping cultural attractions and sporting events within walking distance.

7 - About the Developer

Pinnacle International operates from Vancouver as a prominent developer specializing in high-density residential projects across major North American urban centres. The company has established a reputation for creating towers that blend modern amenities with contemporary design aesthetics. Pinnacle Centre represents a significant addition to their Toronto residential development portfolio, showcasing their commitment to transforming urban landscapes through thoughtful architecture and comprehensive resident services.


Neighborhood

Arts Centre
Beach
Clear View
Lake Access
Public Transit
Rec Centre

Building Sales History

Jun 2026 — 1 Listed | 0 Sold

66 days on market

MLS® # C13020860

Jun 23, 2026

Price Change

Apr 20, 2026

Listed For Sale

$725,000
May 2026 — 5 Listed | 1 Sold

27 days on market

MLS® # C12999760

May 11, 2026

Terminated

Apr 15, 2026

Listed For Sale

$779,999

115 days on market

MLS® # C12859492

May 10, 2026

New

Mar 8, 2026

Listed For Sale

$669,000

9 days on market

MLS® # C13021588

May 8, 2026

Sold

Apr 20, 2026

Listed For Sale

$499,900

22 days on market

MLS® # C13003138

May 7, 2026

Terminated

Apr 15, 2026

Listed For Sale

$639,000

83 days on market

MLS® # C12786672

May 7, 2026

Terminated

Feb 13, 2026

Listed For Sale

$498,000
Apr 2026 — 1 Listed | 1 Sold

15 days on market

MLS® # C12978278

Apr 24, 2026

Sold

Apr 9, 2026

Listed For Sale

$549,000
Mar 2026 — 1 Listed | 0 Sold

182 days on market

MLS® # C12384349

Mar 7, 2026

Expired

Sep 5, 2025

Listed For Sale

$538,000
Feb 2026 — 1 Listed | 1 Sold

15 days on market

MLS® # C12770462

Feb 27, 2026

Sold

Feb 9, 2026

Listed For Sale

$899,000

Waterfront Communities C1 Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.