Project Overview

The SkyTower at Pinnacle One Yonge Condos represents a new condominium undertaking by Pinnacle International, situated on Yonge St in Toronto, ON. Currently in its VIP Sales phase, this condo project is slated for completion by 2024. The development comprises a singular tower, soaring 95 stories high and housing a total of 903 residential suites ranging from 520 to 1,035 sqft.

This project is highly anticipated in Toronto and holds a prime lakeside location, considered one of the most coveted in the world. The distinguished address, “1 Yonge,” has a historical association with the Toronto Star building, gaining an additional ten stories as part of this mixed-use development. The expansive complex, featuring multiple high-rise towers, is set to reshape Toronto’s skyline for the foreseeable future.

Pinnacle One Yonge Condos is set to stand at an impressive 95 stories, positioning it as one of the tallest towers in Canada. Its strategic location on the world’s longest street, dividing the city into east and west, adds to its significance in altering Toronto’s urban landscape.

Location

Pinnacle One Yonge Condos, situated at 1 Yonge St, is poised to become the latest hub for shopping, dining, entertainment, and community engagement. This upcoming condominium development will boast 6 million square feet of living space, including three stories dedicated to retail. Moreover, as part of the new urban development initiative, plans are underway to broaden the sidewalks surrounding the towers.

At the heart of the towers, a courtyard with meticulously landscaped grounds will provide a serene focal point. Residents of SkyTower at Pinnacle One Yonge Condos will benefit from a climate-controlled pathway, ensuring convenient connections to Union Station and extensive access to Toronto’s underground city.

Anticipated to feature innovative floor plans and exceptional amenities, Pinnacle One Yonge Condos is set to redefine urban living in Toronto. With an impressive walk score of 95/100, residents will enjoy seamless access to major landmarks and attractions in downtown Toronto. Union Station, the ACC, and the Harbourfront Centre are all within a 5-minute walk, while Sobeys provides convenient grocery options, and food enthusiasts will delight in the proximity to upscale dining establishments.

SkyTower One Yonge Condos will treat residents to unparalleled views of the harbor, islands, and Lake Ontario from the comfort of their homes. Beyond their doorstep, residents can easily explore some of the city’s finest beaches, parks, green spaces, walking and biking trails, and ferry services to the Toronto Islands, offering a tranquil, natural retreat within the city.

Neighborhood Highlights

The SkyTower at Pinnacle One Yonge project is strategically located in the vibrant neighborhood encompassing Yonge Street in Toronto, renowned as one of the city’s most iconic thoroughfares. This area is celebrated for its rich historical tapestry, diverse cultural offerings, and dynamic atmosphere. Here are several favorable aspects of Yonge Street that significantly enhance the allure of the SkyTower at Pinnacle One Yonge project:

Yonge Street serves as a cultural epicenter, boasting numerous theaters, music venues, and art galleries. Notably, it hosts iconic institutions such as the Elgin and Winter Garden Theatre, contributing to Toronto’s esteemed reputation as a cultural powerhouse.

The stretch along Yonge Street showcases a diverse array of shops, boutiques, and major retail destinations. The proximity to the Eaton Centre, one of Canada’s largest shopping malls, ensures that residents have convenient access to a wide range of shopping options.

Positioned in close proximity to Toronto’s Entertainment District, Yonge Street provides an abundance of bars, restaurants, and nightlife options. This ensures that residents of the SkyTower have a plethora of entertainment choices within walking distance.

As one of Toronto’s oldest streets, Yonge Street holds historical significance, a characteristic that is further heightened by the SkyTower’s location near the Toronto Star building. This adds a layer of historical charm to the area.

Yonge Street is well-connected with public transportation, facilitating easy navigation for residents throughout the city. The presence of Union Station, just a short walk away, enhances accessibility for both daily commuting and leisure travel.

The SkyTower at Pinnacle One Yonge guarantees residents breathtaking views of Toronto’s skyline, Lake Ontario, and the surrounding islands. This scenic beauty enhances the overall living experience for residents.

The surrounding area offers an array of community amenities, including parks, recreational facilities, and green spaces. This creates a well-balanced environment for residents to enjoy the best of urban living while surrounded by nature.

An urban development plan to widen sidewalks around the towers is in place, promoting a more pedestrian-friendly environment. This initiative encourages walking and contributes to the creation of a welcoming streetscape for residents.

Transit and Accessibility

Yonge Street in Toronto is renowned for its exceptional transit options and accessibility, establishing it as a convenient and well-connected locale for both residents and visitors. Here are the key elements pertaining to transit and accessibility along Yonge Street.

SkyTower One Yonge Condos benefit from this accessibility. Owning a vehicle is unnecessary, as residents enjoy direct access to TTC bus routes just outside the front door, with streetcar routes conveniently located within minutes. Union Station, a mere 9-minute walk away, serves as a major transportation hub, providing seamless connections to the Yonge-University Line, GO Transit bus and train services, VIA Rail, and the UP Express. This strategic connectivity enables young professionals to reach Hospital Row in 15 minutes and the financial district in just 25 minutes.

Yonge Street is serviced by the Toronto Transit Commission (TTC), offering an extensive network of public transportation options. Numerous bus routes operate along Yonge Street, ensuring convenient access to various parts of the city. Additionally, the Yonge-University subway line runs parallel to Yonge Street, facilitating rapid transit through the downtown core.

The presence of streetcar services along segments of Yonge Street further augments transit options, providing a reliable mode of transportation that connects the northern and southern parts of the city.

Union Station, located within a short walk from Yonge Street, plays a pivotal role as a major transportation hub. It acts as a central point for GO Transit regional buses and trains, VIA Rail services, and the UP Express, offering a direct link to Toronto Pearson International Airport. The Yonge-University subway line is also easily accessible from Union Station.

Yonge Street’s transit connectivity ensures easy access to major districts in Toronto. Hospital Row and the financial district, for instance, are within convenient reach, making medical facilities and professional workplaces easily accessible.

Urban development plans, including efforts to widen sidewalks, contribute to a pedestrian-friendly environment along Yonge Street. This initiative encourages walking and enhances overall accessibility for both residents and visitors.

Bike lanes along certain sections of Yonge Street promote alternative transportation methods, providing additional commuting options for residents.

Beyond transit, the accessibility along Yonge Street extends to various amenities. Residents can effortlessly walk to shops, restaurants, entertainment venues, and green spaces, creating a well-connected and convenient living experience.

In conclusion, Yonge Street in Toronto stands out for its robust public transportation options, encompassing buses, subways, and streetcars. The strategic proximity to Union Station and key districts makes it an area highly accessible for daily commuting and exploring the diverse offerings of the city.

City Growth & Development

Toronto is experiencing a surge in mixed-use developments, harmoniously blending residential, commercial, and retail spaces. This innovative approach not only elevates the livability of the area but also provides residents, including those at the SkyTower in Pinnacle One Yonge, with convenient access to a diverse range of amenities and services.

Given the prominence of Yonge Street, concerted efforts are underway to revitalize and redevelop specific sections, adapting to evolving urban needs. This may entail the refurbishment of aging structures or the introduction of new architectural elements to enrich the streetscape. The SkyTower at Pinnacle One Yonge is a notable contributor to this urban evolution.

The city has prioritized transit-oriented development, particularly along major transportation arteries like Yonge Street. This strategy involves creating residential and commercial spaces in close proximity to public transit hubs, fostering sustainable and easily accessible urban living experiences for residents, including those residing in the SkyTower.

Numerous areas within Yonge Street have witnessed initiatives aimed at cultivating pedestrian-friendly environments. These initiatives encompass the expansion of sidewalks, incorporation of green spaces, and implementation of infrastructure to encourage walking and cycling. Such initiatives benefit not only the general populace but also residents of the SkyTower who appreciate the enhanced urban environment.

Toronto’s commitment to nurturing cultural and entertainment districts extends to renowned thoroughfares like Yonge, drawing in both residents and visitors. These districts, which offer a blend of cultural experiences, dining options, and entertainment venues, contribute to the vibrant atmosphere surrounding the SkyTower at Pinnacle One Yonge.

In response to escalating population growth and the demand for housing in central locations, high-rise condominium developments have become commonplace. The SkyTower at Pinnacle One Yonge exemplifies this trend, making a substantial impact on the vertical growth of the city and meeting the housing demands of the urban population.

Toronto’s dedication to sustainable urban planning is evident, with initiatives ranging from green building practices to energy-efficient designs. The integration of green spaces further enhances the overall quality of life for residents, including those residing in the environmentally conscious SkyTower at Pinnacle One Yonge.

Amenities

SkyTower boasts a diverse range of amenities designed to enhance residents’ lifestyles and offer a variety of recreational options. Here’s a detailed breakdown of each amenity:

1. Outdoor Swimming Pool, Hot Tub, and Lounge Areas:
   • Enjoy the refreshing outdoor swimming pool for leisurely swims, unwind in the inviting hot tub, and relax in the well-appointed lounge areas. This outdoor oasis provides a perfect setting for recreation and relaxation.
2. Outdoor Terrace with BBQ Areas:
   • The outdoor terrace at SkyTower features BBQ areas, creating an ideal space for social gatherings and al fresco dining. Residents can enjoy the open air while indulging in culinary delights prepared on-site.
3. Fully Equipped Fitness Centre:
   • Stay active and healthy in the fully equipped fitness centre. Whether it’s cardiovascular exercises or strength training, residents have access to state-of-the-art facilities to meet their fitness goals without leaving the comfort of home.
4. Serene Yoga Room:
   • Find tranquility in the serene yoga room, providing a dedicated space for yoga and meditation. This amenity is designed to promote holistic well-being and mindfulness within the community.
5. Designer Decorated Party Room with Kitchenette:
   • The designer-decorated party room with a kitchenette is an ideal venue for hosting events and celebrations. Residents can entertain guests in a stylish and well-appointed setting without the need to leave the building.
6. Games Room:
   • The games room offers a recreational space for residents to unwind and engage in various indoor games. Whether it’s billiards, board games, or other activities, this amenity fosters a sense of community and leisure.
7. Indoor Kids Play Areas:
   • Designed with young residents in mind, the indoor kids play areas provide a safe and entertaining space for children to play and socialize, promoting a family-friendly atmosphere within the SkyTower community.
8. Private Dining Room:
   • The private dining room is a sophisticated space where residents can host intimate gatherings and dinners. It offers an elegant setting for communal dining and special occasions.
9. Study Room:
   • The study room provides a quiet and conducive environment for focused work or study. Residents can utilize this space for productivity, meetings, or collaborative projects.

Development Features

Sophisticated Interiors

• Seamless ceilings for a polished aesthetic
• Laminate flooring throughout, excluding bathrooms
• Interior walls, wood doors, frames, and trims will be tastefully painted
• Frameless mirrored sliding closet doors per the floor plan
• Access to the balcony through either glass sliding doors or swing doors, depending on the floor plan

Modern Kitchens

• Stylish kitchen cabinetry featuring a custom-designed pull-out pantry for convenient storage, per the floor plan
• Quartz countertop complemented by a matching backsplash
• Under-cabinet lighting for enhanced visibility
• Brand name kitchen appliances, including:
  • 24″ single-drawer dishwasher with paneled doors to match cabinetry
  • 24″ refrigerator with paneled doors to match cabinetry
  • 24″ electric ceramic glass surface cooktop
  • 24″ stainless steel built-in oven
  • Stainless steel microwave
• Concealed hood fan, vented to the exterior
• Single stainless steel undermount sink with a single-lever faucet and integral pull-out sprayer
• Designer-selected track lighting for a contemporary touch

Luxurious Bathrooms

• Separate shower with glass doors as per the floor plan, featuring full-height porcelain wall tiles up to the ceiling (base finished in tiles)
• Quartz vanity countertops with an undermount sink
• Vanity cabinets curated by designers, complete with mirrors
• Vanity sconce and pot light(s)
• Porcelain or ceramic tiles surrounding the tub or shower
• Coordinating faucets, showerhead, and hand shower
• White, one-piece dual-flush elongated toilet
• Elegant porcelain or ceramic floor tiles in ensuites and bathrooms
• Exhaust fan in each bathroom

In-Suite Laundry Room

• White full-size, front-load, stacking laundry centre
• Ceramic tile or laminate flooring for both functionality and style

Electrical and Mechanical

• Service panel with circuit breakers
• Pre-wiring for telephone, cable, and high-speed Internet access
• White decorative light switches and receptacles throughout
• Ceiling light outlet in the dining area
• Hard-wired smoke detector for safety
• Individually controlled heating and cooling through the vertical fan coil system
• Waste management and recycling system with a garbage chute on every level

Peace of Mind

• 24-hour concierge service for added security
• Deadbolt lock and viewer on the entry door
• Resident key fob access to common areas and parking garage entry
• Convenient underground parking equipped with cameras in pre-selected locations and two-way voice communication to the concierge

Investment Opportunities