For sale

AssignmentCondoListed today

1 Yonge St, Toronto

Name: 1 Yonge Street
SKU: C14135424
Price: 630000 CAD
Availability: InStock

Pre-construction assignmentby Pinnacle International

Toronto, ON · M5B 1M4 · MLS® C14135424Updated October 31, 2026

$630,000

Bedrooms: 1
Bathrooms: 1
Living space: 500–599sq ft

Type Condo
Garage Yes
Basement None

What you should know

1 Yonge St is a 1-bedroom, 1-bathroom condo in Toronto, offered as an assignment of the builder's contract, listed for $630,000. It has 500-599 sq ft of living space.

Rare Assignment Sale!
Bright East-Southeast facing 1-bedroom, 1-bath suite (Approx 550 sqft interior + ~60 sqft open-air balcony) featuring spectacular unobstructed Lake Ontario & Toronto Island views.
Thoughtful open-concept kitchen-dining-living layout, ensuite laundry, fan-coil heating and central air-conditioning.

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1 Bed, 1 Bath Condo in Toronto

About 1 Yonge Street

Rare Assignment Sale! SkyTower at Pinnacle One Yonge - Canada's Tallest Waterfront Residential Tower. Bright East-Southeast facing 1-bedroom, 1-bath suite (Approx 550 sqft interior + ~60 sqft open-air balcony) featuring spectacular unobstructed Lake Ontario & Toronto Island views. Floor-to-ceiling windows deliver abundant morning natural light with minimal harsh afternoon west sun exposure. Thoughtful open-concept kitchen-dining-living layout, ensuite laundry, fan-coil heating and central air-conditioning. Enjoy over 80,000+ sqft of luxury resort-style amenities plus 24-hour concierge service. Prime downtown waterfront location with exceptional walk & transit scores; steps to Union Station, PATH network, TTC, Harbourfront, restaurants and retail shops. Pet-friendly with restrictions. Interim occupancy managed by Pinnacle International, Condo Corporation not yet registered.

1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $1,260 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

How assignment sales work

What changes when you buy a builder contract instead of a finished home: HST, deposits, builder consent — each checked against its official source.

What an assignment is
An assignment sale is when the original buyer of a new, not-yet-completed home (the assignor) sells their rights and obligations under the agreement of purchase and sale with the builder to someone else (the assignee), who then closes with the builder.
Source: GST/HST Notice 323: Proposed GST/HST treatment of assignment sales
HST on the assignment
Since May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are taxable for GST/HST. For assignment agreements entered into after May 6, 2022, an amount that reimburses the assignor's deposit to the builder can be excluded from the taxable amount when the assignment agreement states that part of the price is for that deposit reimbursement.
Source: GST/HST Info Sheet GI-120: Assignment of a purchase and sale agreement for a new house or condominium unit; GST/HST Notice 323: Proposed GST/HST treatment of assignment sales
Deposits
On a new condominium unit, the builder must hold deposit money in trust under the Condominium Act, and the new home warranty protects up to $20,000 if a deposit was not placed in trust. On a new freehold home, Tarion covers the deposit up to $60,000 on homes priced at $600,000 or less, and 10% of the price up to $100,000 above that.
Source: How does deposit protection work on new homes?
Builder consent
Whether a unit can be assigned, and on what terms (for example the builder's written consent or an assignment fee), is set by the assignment clause of the original agreement of purchase and sale. Read that clause, with a lawyer, before you commit.

Checked against the sources above on 2026-09-25. Not legal or tax advice.

Ask before you offer

This listing's description doesn't state the original purchase price, how much deposit is paid, the occupancy date or the builder's assignment fee. The full package (the original agreement and deposit receipts) answers these.

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Inside 1 Yonge St

Every detail from the listing, in one place.

Assignment details

From the listing remarks

Builder: Pinnacle International; “Interim occupancy managed by Pinnacle International, Condo Corporation not yet registered.”

Type: Condo
Style: Apartment
Living space: 500-599 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

1 Yonge St Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 31, 2026For saleListedThis listingMLS® C14135424$630,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1 Yonge St Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,084,064
Average days on market: 32
Homes sold: 9,270

Closed sales on the TRREB MLS®.

Full Toronto market report

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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Listing brokerage: BAY STREET GROUP INC., BrokerageMLS® C14135424 · Listing data last updated October 31, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 30· $1,260/sq ft

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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