Pinnacle Toronto East
Welcome to the Pinnacle Toronto East Condos project page. This is your ultimate resource for getting all the details on Pinnacle Toronto East including prices and floor plans. When you’re ready, you can reserve your Pinnacle Toronto East unit right here by clicking the green “Reserve Your Unit” button below.
About Pinnacle Toronto East
Pinnacle Toronto East is a new condo development by Pinnacle International currently in preconstruction at 3260 Sheppard Ave E, Toronto. Pinnacle Toronto East has a total of 796 units. Sizes range from 520 to 1800 square feet.
Pinnacle is creating yet another master planned community in Toronto. Known for its extraordinary communities in Vancouver, San Diego, Mississauga and Toronto, Pinnacle International is now setting its sights on the city’s east end with Pinnacle Toronto East.
Pinnacle Toronto East Details
|Address||3260 Sheppard Ave E, Toronto, ON|
|Neighbourhood||Sheppard and Warden|
|Number of Storeys||30|
|Number of Units||796|
|Occupancy Date||November 2021|
|Maintenance Fees||$0.54 psf + hydro|
|Priced From||High $300,000s|
Pinnacle Toronto East Location
Pinnacle Toronto East will be located at 3260 Sheppard Ave East in Toronto. Experience the grandeur of Pinnacle Toronto East, located at Sheppard Avenue and Warden.
Pinnacle Toronto East Amenities
Discover fine living at Pinnacle Toronto East. Pinnacle Toronto East will offer larger suites and amenities destined to provide residents with an extraordinary lifestyle.
More information to come.
Pinnacle Toronto East Features and Finishes
More information on the features and finishes for Pinnacle Toronto East will be made available soon.
About the Developers
Pinnacle International is one of North America’s leading builders of luxury condominium residences, master-planned communities, hotels and commercial developments. Based in Vancouver, BC, Pinnacle has been involved in the development, design, construction and management of their projects for over 40 years. With this experience and expertise, Pinnacle has completed over 10,000 residences to help create and enrich neighbourhoods in Vancouver, Toronto and San Diego. Pinnacle has development plans for an additional 10,000 residential suites located in various master-planned, mixed-use locations throughout North America
Pinnacle Toronto East Frequently Asked Questions
How do I reserve a unit in this project?
Does filling out the worksheet form mean I’m committing to buy a suite?
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?