The Canadian Encyclopedia — neutral, cited, updated
July 26, 2026Sources cited
Canadianwire.
Canada’s encyclopedia & explainer
HomeCanadaArchitecturePinnacle One Yonge
Canada • Architecture

Pinnacle One Yonge

Pinnacle One Yonge is a multi-phase mixed-use development in Toronto, Ontario, Canada, being developed by Pinnacle International on the waterfront at 1–7 Yonge Street.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 26, 2026|2 min read| Fact-checked

Pinnacle One Yonge is a multi-phase mixed-use development under construction on Toronto's waterfront at 1–7 Yonge Street. Developed by Pinnacle International and designed by Hariri Pontarini Architects, it includes residential towers, retail, hotel and community space. Its SkyTower is planned to become the tallest residential building in Canada, marking a notable addition to the Toronto skyline and the city's waterfront redevelopment.

Development

Pinnacle One Yonge is a master-planned waterfront development at the foot of Yonge Street in downtown Toronto. The project is being built in multiple phases and includes several towers of varying heights. The site area encompasses about 4.4 million square feet of development. The development also incorporates the existing One Yonge Street/Toronto Star building area into the broader redevelopment.

Towers and uses

The first residential tower, Prestige, was completed in 2022 and stands 65 storeys tall. The planned tallest element, SkyTower, will rise 106 storeys (about 352 metres) and is intended to become Canada's tallest residential tower. The broader scheme includes retail space, hotel uses, office space, community amenities and connections to Toronto's PATH system.

Design

Hariri Pontarini Architects designed the project, with landscape design support from NAK Design Strategies. The proposal emphasizes pedestrian connections, mid-block links and waterfront public-realm improvements.

Context

The development is located beside One Yonge Street at the southeast corner of Yonge Street and Lake Shore Boulevard. It is part of a major transformation of a former parking and low-rise commercial area into a high-density urban precinct.

Key facts

  • Pinnacle One Yonge is a master-planned waterfront development at the foot of Yonge Street in downtown Toronto.
  • The first tower, Prestige, was completed in 2022; SkyTower is planned as the tallest residential building in Canada.
  • The development includes residential, retail, hotel, office and community space, with connections to Toronto's PATH system.
  • The site incorporates the existing One Yonge Street/Toronto Star building area into the broader redevelopment.
🍁
Canadian context

Pinnacle One Yonge is a major Canadian high-rise development and a notable part of Toronto’s waterfront redevelopment, with SkyTower planned as the tallest residential building in Canada.

Frequently asked questions

What is Pinnacle One Yonge?
A multi-phase mixed-use development in Toronto featuring residential towers, retail, hotel and community space.
Where is it located?
At 1–7 Yonge Street on Toronto's waterfront, near Yonge Street and Lake Shore Boulevard.
Who is developing it?
Pinnacle International is the developer.
Who designed it?
Hariri Pontarini Architects designed the project.
What was the first completed tower?
Prestige, a 65-storey tower, was completed in 2022.
Why is SkyTower notable?
It is planned to be Canada's tallest residential tower.

References

  1. Wikipediahttps://en.wikipedia.org/wiki/Pinnacle_One_Yonge
    Supports: General project description, location, tower count, heights and completion status
  2. Pinnacle One Yongehttps://www.1yongetoronto.com/
    Supports: Developer, address, planned uses, amenities and community description
  3. Urban Torontohttps://urbantoronto.ca/database/projects/pinnacle-one-yonge.6918
    Supports: Project scope, architect, tower heights, status and address
  4. Hariri Pontarini Architectshttps://www.hariripontarini.com/projects/one-yonge
    Supports: Architect, project description, tower height and design intent
  5. City of Torontohttps://www.toronto.ca/legdocs/mmis/2021/te/bgrd/backgroundfile-163453.pdf
    Supports: Official municipal background on location, developer, architect and public art plan
  6. REINXhttps://www.renx.ca/construction-at-torontos-pinnacle-sky-tower-tops-out-106-storeys
    Supports: SkyTower height and the development’s broader mixed-use program