Source: Pinnacle International

The bar for the title of Canada’s tallest condo tower is about to rise a little higher.

Today, developer Pinnacle International announced SkyTower, the next phase of their Pinnacle One Yonge community located on Toronto’s waterfront. Topping out at a staggering 95 storeys, the second tower in the One Yonge Collection is preparing to launch sales and will become the country’s tallest condominium tower once construction is complete. While pre-launch sales have been ongoing, no official public sales date has been set, though it can be expected in the near future.

Source: Pinnacle International

SkyTower is the newest addition to the three-tower Pinnacle One Yonge collection, located at Yonge Street and Lakeshore Boulevard East near the Lake Ontario harbourfront. The Prestige, a 65-storey building and the first tower in the master-planned community, launched sales last year. Details about the third unnamed tower have yet to be revealed.

Originally proposed in 2013, the height of SkyTower was initially imagined at 98-storeys, before being reduced to 96-storeys and then the tower’s current height. Still, SkyTower’s height will outrank that of two other major Toronto projects, Cresford Development Corporation’s YSL Residences and The One by Mizrahi Developments, both of which top out at 85-storeys.

“Our approach to this phase, and the other elements of this master-planned development, was predicated on a commitment to not just merely add yet another condo to the downtown core,” says Pinnacle’s Vice President of Sales and Marketing, Anson Kwok in a press release. “Instead, we recognized the unique privilege provided by this site to forever reshape the Toronto skyline.”

Source: Pinnacle International

Designed by Hariri Pontarini Architects, SkyTower will feature over 800 condominium residences, ranging from 520 to 2,300 square feet. Tanner Hill and Associates is handling the interiors, which are said to be contemporary in design and provide views of the lake and the Greater Toronto Area. Pricing is expected to start from a little over the $800,000 range.

“An iconic address like One Yonge demands an iconic architectural statement,” says Kwok. “We knew this location demanded something elegant and distinctive.”

When complete, Pinnacle One Yonge will feature 2,200 condos between the three towers, in addition to 1.5 million square feet of office space, 160,000 square feet of retail, a public park and a 50,000 square foot community centre.

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