$1,298,000

For sale

#4501 16 Harbour Street, Toronto (Waterfront Communities) - Single Family for Sale

#4501 16 Harbour Street, Toronto (Waterfront Communities), Ontario, M5J2Z7

2 beds2 baths1 parking1,300 ft²$1,298/mo condo feeListed 47 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 47 days, fresher than the Toronto average of 57 days.

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Description

Experience luxury living at its finest in this rare residence at Pinnacle's Success Tower, 16 Harbour Street. Sitting high on the45th floor, this 1,305 sq. ft. suite combines modern design, premium comfort, and stunning panoramic views of Lake Ontario and the Toronto skyline. The bright, open-concept layout features floor-to-ceiling windows, two balconies with new plank flooring, and an oversized kitchen that flows seamlessly into spacious living and dining areas-perfect for entertaining or everyday living. Generous principal rooms offer comfort, flexibility, and style, all enhanced by natural light and breathtaking views from every corner. Residents of the Pinnacle Centre enjoy resort-style amenities including a fully equipped fitness centre, indoor pool, hot tub, sauna, billiards and party rooms, business centre, guest suites, and 24-hour concierge. Prime waterfront location-just steps to Union Station, the PATH, Scotiabank Arena, the Financial District, Harbourfront Centre, fine dining, shopping, and the lake. The Seller is willing to considering a VTB 1st mortgage at terms to be negotiated. (id:66096)

Property Details

MLS®: C13804112
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Fireplace: Yes
Condo Fee: $1,298/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $5,972.37/yr
Listed: 47 days ago

Rooms

Main level

Living room: 5.56 x 5.81 meters
Dining room: 5.56 x 5.81 meters
Kitchen: 2.74 x 2.79 meters
Other: 2.33 x 1.72 meters
Foyer: 1.53 x 4.1 meters
Bedroom: 3.86 x 2.74 meters
Primary Bedroom: 3.96 x 3.33 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$999

List price

$1.30M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Waterfront Communities) has been listed for 47 days, which is 10 days fresher than the city average of 57. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD. · DON MULHOLLAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $1,298,000, about 13.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $253,545 (20% down, 25-yr amortization, stress-tested) — roughly 170% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$1,298,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment8.07% · $104,800

Min 8.07%50%

Mortgage payment$6,615/mo

↳ CMHC premium ($47,728 capitalized)

Property tax (est.)$498/mo

Condo fee$1,298/mo

Total monthly$8,411

Cash Needed to Close

Down payment (8.07%)$104,800

Land transfer tax$44,870

Est. closing costs$6,394

Total cash needed$156,064

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