Pinnacle Toronto East

POPULATION INCREASE & ECONOMICAL OUTLOOK
Scarborough is the eastern district of Toronto, the largest city in Canada, with a population of over 2.7 Million people and is still GROWING. It is estimated that Toronto will need an additional 259,000 new homes between now and 2031 to meet the demands of its growing population. However, it is projected that the city will only be able to provide 157,800 new homes by then. As a result, there will be a shortage of over 100,000 homes, ultimately driving up the demand for existing housing and leading to an increase in real estate values and rental rates!

WORLD CLASS CITY
Toronto is widely considered to be a world-class city due to its vibrant economy and high-quality living standards. It is also recognized internationally as the most diverse and multicultural city in the WORLD. The city is also a hub for innovation, boasting the second largest financial center and one of the fastest-growing tech sectors in North America. In addition, Toronto is home to THREE world-renowned universities, including the University of Toronto, Toronto Metropolitan University, and York University, further cementing its status as a center of academic excellence.

CONNECTIVITY & TRANSPORTATION
Scarborough provides several transportation options, including TTC bus transit, GO Transit, subway transit, and Highway 401, making travel to the downtown core and other parts of the GTA a breeze. Currently, the city is extending Line 2 subway service nearly 8 km into Scarborough, which will provide quick and seamless transit for those heading into and out of the downtown core, as well as those travelling within Scarborough. In addition, the city will soon be home to numerous stations along the future Eglinton Crosstown LRT making getting across the city up to 60% faster than before.

LOCATION, LOCATION, LOCATION
Scarborough’s prime location offers quick and convenient access to Toronto’s bustling downtown core by either car or public transportation, making it an ideal place to call home for those seeking a more suburban lifestyle while still having access to big city amenities. Bordered by Lake Ontario, Scarborough features numerous parks, trails, and beaches that overlook the water, including the famous Scarborough Bluffs as well as the scenic Rouge National Urban Park. The district is also home to the Scarborough Town Centre, the largest shopping centre in Toronto’s east end, the Toronto Zoo, and the University of Toronto Scarborough Campus.

REPUTABLE DEVELOPER
Pinnacle International is one of North America’s leading builders of luxury condominium residences, master-planned communities, hotels and commercial developments. Based in Vancouver, B.C., Pinnacle has been involved in the development, design, construction and management of their projects for over 40 years.