Toronto’s skyline is officially changing, and if you are following the city's luxury real estate market, all eyes are currently on the waterfront. The highly anticipated Pinnacle One Yonge SkyTower has reached its final height, and major announcements are dropping this week regarding move-in dates, public amenities, and ground-level retail.
Whether you are a pre-construction buyer, an investor, or simply tracking Toronto's architectural milestones, here is the latest, most searchable news on the SkyTower. For exclusive listings, floor plans, and deeper insights into this master-planned community, be sure to visit One Yonge SkyTower.
1. SkyTower Officially Tops Out at 106 Storeys
After years of construction, the SkyTower at One Yonge Street has officially topped out at a record-breaking 106 storeys (351.4 metres / 1,153 feet). This monumental milestone cements its status as Canada’s tallest building and the first residential tower in North America to reach 106 floors.
Because the structural concrete work is now complete, Pinnacle International has shifted its full attention to the meticulous interior finishing of the luxury suites, the installation of the high-performance glass curtain wall, and finalizing the massive 80,000 square feet of indoor and outdoor lifestyle amenities.
2. A 106th-Floor Restaurant Eye-Level With the CN Tower
One of the most exciting updates this June is the confirmation of what will occupy the absolute pinnacle of the building. Pinnacle CEO Michael De Cotiis recently confirmed that the entire 106th floor will not be a private penthouse, but instead a publicly accessible luxury restaurant.
Why it matters for Buyers: For decades, the CN Tower has held a monopoly on Toronto’s highest vantage point. Because the new SkyTower restaurant sits perfectly aligned with the CN Tower’s main observation deck, it creates a new "highest view" in town. This instantly elevates the global prestige (and property values) of the residential collections below.
3. Le Méridien Toronto Pinnacle Hotel Opens This Summer
While residential move-ins are a few months away, the lower levels of the SkyTower are opening to the public right now. The Le Méridien Toronto Pinnacle, a 223-room luxury hotel occupying the first 12 floors of the tower's podium, is slated for its grand opening this summer.
The Brand Return: This marks the Marriott-owned Le Méridien brand's first Canadian property in over 30 years.
Ground-Level Energy: The hotel brings three new in-house dining concepts and a world-class professional spa to the waterfront, transforming the foot of Yonge Street into a vibrant summer destination and granting residents access to a 5-star lifestyle just steps from their elevators.
4. Fall 2026 Occupancy: The Phased Move-In Begins
For investors and future residents holding the keys to 1 Yonge Street, the most pressing question has finally been answered: When can we move in?
Occupancy is officially targeted to begin in Fall 2026. However, moving into a 106-storey supertall skyscraper is a massive logistical operation. Move-ins will happen in phases to manage elevator traffic and safety. Residents in the lower half of the tower are expected to be the first to receive their keys this autumn, with the upper tiers—including the ultra-exclusive SkyVilla Collection (floors 100–104)—following in subsequent phases.
The PATH Connection: Upon occupancy, SkyTower's highly anticipated underground connection to the PATH system will activate. This will provide residents with a climate-controlled, 10-minute indoor walk directly to Union Station, the Financial District bank towers, and Scotiabank Arena.
5. Retail Leasing Heating Up at Base
With The Prestige (Phase 1) already fully occupied and the SkyTower wrapping up, retail leasing at the base of the development is currently in high gear. While recognizable brands like BMO, Tim Hortons, and boutique beauty bars are already operating at grade in the first phase, developers are actively pushing for international brands to anchor the remaining ground-level commercial spaces at the base of the SkyTower.
Market Takeaway
The transition from a construction site to a living, breathing landmark is happening right now. With the hotel opening this summer, the 106th-floor restaurant generating massive buzz, and the first wave of residents preparing for Fall 2026 occupancy, the momentum at Canada's most famous intersection is at an all-time high.
To explore available units, view the SkyVilla floor plans oneyongeskytower.com/skyvilla-floorplans, or discuss assignment opportunities in Canada’s tallest building, visit One Yonge SkyTower today.
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