EN - Real Estate

Canada's Record-Breaking New Tower Is Officially Being Built In Toronto Right Now (VIDEO)

Toronto's second-tallest building after the CN Tower! ๐Ÿ˜ฑ

Toronto's skyline is soaring to new heights as construction begins for Canada's tallest building for residential units โ€” specifically, luxury condos.

Work is underway on the jaw-dropping new tower at 1 Yonge Street, according to Toronto Storeys.

The structure, called the SkyTower, is one of several developments being built by Pinnacle International right now.

Editor's Choice: Someone In Ontario Just Bought A $65 Million Winning Lotto Ticket

95

Total storeys at the SkyTower

The SkyTower will house over 800 luxury units at over $800,000 each, designed by Hariri Pontarini Architects.ย 

Residents will get to enjoy a multitude of amenities, including a yoga studio, a sky-high pool with panoramic city views, and a gym.

Renderings show the tower soaring above the clouds. Toronto Storeys reports that it will be the second-tallest structure in the city, next to the CN Tower.

Via Toronto Storeys

NOW WATCH The Iconic Toronto Sign Just Got Torn Down From Nathan Phillips Square