Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · St Lawrence-East Bayfront-The Islands
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33 Bay St, Toronto
Built
2011
Storeys
51
Suites
634
Developer
Pinnacle International
Corporation
TSCC-2204
Walk Score
97
Free · about 45 seconds · no obligation
What is your unit at 33 Bay at Pinnacle Centre worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Very Bikeable
Transit, nearest first
- 114Queens Quay EastTTC busSteps away
- 202Cherry BeachTTC busSteps away
- 509Queens Quay/Ferry Docks Station509 Harbourfront / 510 Spadina streetcarSteps away
- 121Esplanade-RiverTTC bus0.3 km
- 1Union stationLine 1 Yonge–University0.4 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines0.4 km
- UPUnion stationUP Express · Pearson to Union0.4 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Market Lane Junior and Senior Public School
246 The Esplanade, Toronto
1.3 km · ~20 min walk
Zoned for this address
High schoolGr 9–12
Jarvis Collegiate Institute
495 Jarvis St, Toronto
2.6 km
Zoned for this address
Catholic elementary
St Michael Catholic Elementary School - Bldg 1
0.9 km · ~14 min walk
Nearest, confirm zoning
Catholic elementary
Bishop Macdonell Catholic Elementary
1.4 km · ~22 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.6 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Gabrielle Roy
1.6 km · ~25 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at 33 Bay at Pinnacle Centre actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 12 | $555,750 | 81 | $2,450/mo |
| 2 bed | 5 | $848,000 | 28 | $3,788/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at 33 Bay at Pinnacle Centre
Do mostly owners or renters live here?
Renter-heavy building. Of 245 deals here in the last 24 months, 217 were leases and 28 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at 33 Bay at Pinnacle Centre?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about 33 Bay at Pinnacle Centre
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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Know the moment a unit at 33 Bay at Pinnacle Centre lists or sells.
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Eat, drink and shop nearby
Within about a 10-minute walk.
Coffee
Second Cup
Steps away
Pitas
Pita Pit
Steps away
Steakhouse
Harbour Sixty Steakhouse
Steps away
Caribbean
My Roti Place
0.2 km · ~3 min walk
Sushi
Sake Sushi
0.2 km · ~3 min walk
Restaurant
Stefra's Snack & Bar
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Harbour Square Park Lands
- Love Park
- 50 Queens Quay East Park
Nearest grocery
Longo's
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 33 Bay St, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
33 Bay is the Pinnacle Centre tower I point buyers to when they want real space near the lake without paying a new-build premium. Finished in 2011 as the last of Pinnacle International’s four towers, it has no suites under about 590 square feet and a fee that covers parking, heat and cooling. The price of that is the Gardiner on one side and a lot of neighbours. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
33 Bay at Pinnacle Centre is a 634-suite condominium at 33 Bay Street, south of the Gardiner Expressway near Bay Street and Lake Shore Boulevard, in the St. Lawrence, Financial District and Downtown Yonge area of downtown Toronto (St Lawrence-East Bayfront). It was developed by Pinnacle International and designed by Page + Steele / IBI Group Architects, and completed in 2011. Condos.ca lists 51 floors; UrbanToronto described it as a 50-storey tower. The condominium corporation is TSCC-2204, registered on 8 December 2011, and it is managed by Del Property Management. Suites run from about 587 to 3,575 sq ft. Condos.ca lists the fee as covering common elements, heat, air conditioning, building insurance, parking and water.
33 Bay at Pinnacle Centre at a glance
The last tower of Pinnacle Centre
Pinnacle Centre is Vancouver-based Pinnacle International’s cluster of towers between Yonge and Bay on the former railway lands south of the Gardiner. It was built in phases, starting with the Yonge Street towers, then Success Tower on Harbour Street, and finally 33 Bay at the west end of the site, which UrbanToronto called the final condominium component of the complex.
The complex grew bolder as it went. UrbanToronto noted in 2010 that the plan had added floors and sharper lines over time, and called the 50-storey fourth tower the best-looking on the site. Page + Steele / IBI Group gave each tower its own shape and window pattern on a shared podium, so 33 Bay reads as part of a family.
Being the last phase matters. It was designed after the developer had seen what sold in the first towers, and that shows in the suite mix.
It also means 33 Bay sits closest to Bay Street and the western edge of the site, a little apart from the Yonge Street towers. In daily life that puts the Financial District and Union Station slightly closer, and the construction at the Yonge Street end of the neighbourhood slightly further away.
Bigger suites than its neighbours
Condos.ca puts the suite range at about 587 to 3,575 sq ft. There are no 300 or 400 sq ft studios here, which sets 33 Bay apart from most towers built near the waterfront since. Current listings run from one-bedrooms through two-plus-dens to genuine three-bedroom plans.
That mix shapes the building. Three-bedroom suites with parking in the fee are hard to find downtown, and they attract families and long-term owner-occupiers. One-bedrooms still rent easily to people who work in the Financial District across the tracks.
Exposure is the biggest factor in value. South and west suites on higher floors look over the harbour, the islands and toward the CN Tower. North suites face the Gardiner and the rail corridor, and lower east suites look at the sister towers. Ask which way the suite faces before anything else.
The larger plans are the reason many owners chose this building. A three-bedroom with a balcony and a space in the garage is a realistic alternative to a townhouse for a family that wants to stay downtown. Check how the bedrooms are arranged in the specific plan, because a split layout and a side-by-side layout suit very different households, especially with young children or a home office.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
A fee that covers more than most
Condos.ca lists common elements, heat, air conditioning, building insurance, parking and water as included. Asking fees on current listings average about $0.84 per square foot, ranging from about $438 to about $1,222 a month.
That is a moderate figure for a building with parking and cooling bundled in. When you compare it with a newer tower where parking is a separate charge and heating and cooling run on your own meter, add those costs back first.
The catch with a four-tower complex is shared infrastructure. Garages, driveways, recreation space and mechanical systems are often shared between the corporations under a cost-sharing agreement. Ask for that agreement with the status certificate, because it decides how big repair bills are split.
Living between the lake and the Gardiner
You are a short walk from Union Station, Scotiabank Arena, the PATH and the Financial District to the north, and from Queens Quay, the ferry docks and the waterfront trail to the south. The automatic panel on this page covers transit and walkability.
The Gardiner Expressway and Lake Shore Boulevard are right there, and their noise is steady. Sealed glass helps, but stand in the suite at rush hour before you buy. Higher floors and south-facing suites are the quietest, and they are also the ones with the views, which is why they carry the highest prices in the building.
The area keeps changing. Pinnacle’s own Pinnacle One Yonge redevelopment east of Yonge is adding several towers, and the City’s planned Waterfront East light rail line is set to run under Bay Street toward Queens Quay. Expect more neighbours and more construction over the next few years.
What 33 Bay costs
Condos.ca puts the building average at about $901 per square foot. That is close to its sister towers, with 12 Yonge at about $884 and 16 Yonge at about $869, and below the newer Prestige at Pinnacle One Yonge at about $1,008.
Current asking prices for one-bedroom and one-plus-den suites of 500 to 600 sq ft run from about $518,000 to $539,000. Larger plans, from a two-plus-den of about 900 sq ft to three-bedrooms, are asking about $1.05 million to $1.4 million. Those are asking prices, not sales.
The three-bedrooms are where 33 Bay stands out. Family-sized suites with parking in the fee are rare in this part of downtown, and with only a handful listed at any time, a buyer who wants one may have to wait for the right floor and exposure. For comparables on a specific plan, I can run my building sold report.
Building specifications
| Building name | 33 Bay at Pinnacle Centre |
| Address | 33 Bay St, Toronto |
| Developer | Pinnacle International |
| Architect | Page + Steele / IBI Group Architects |
| Storeys | 51 per condos.ca; 50 per UrbanToronto |
| Total suites | 634 |
| Condo corporation | TSCC-2204 |
| Registered | 8 December 2011 |
| Property management | Del Property Management |
| Suite sizes | Approximately 587 to 3,575 sq ft |
| Maintenance fees | About $0.84 per sq ft on current listings |
| Fees include | Common elements, heat, air conditioning, building insurance, parking and water |
Amenities at 33 Bay at Pinnacle Centre
Condos.ca lists a gym, party room, games room, hot tub, guest suites, a car share program and barbecues. Some listings across Pinnacle Centre describe a larger recreation package, but I could not confirm which facilities belong to 33 Bay and which are shared across the complex, so ask management for the current list, the booking rules and how the costs are split between corporations.
Jatin’s honest take on 33 Bay at Pinnacle Centre
Who this building suits
Families and downsizers who want a two- or three-bedroom suite with parking near the lake, Financial District workers who walk to the office, and buyers who want heat, cooling and parking bundled into one fee. It suits people who do not mind a busy, big-complex address.
What I’d want you to check
The building is 15 years old, so read the reserve fund study for windows, balcony doors, heating and cooling equipment and the garage. Get the shared-facilities agreement with the other Pinnacle Centre corporations. Confirm parking and a locker for the specific suite, and listen for Gardiner noise from the actual suite.
The value question
At about $901 per square foot with parking in the fee, I think 33 Bay is fair value, and the larger suites are among the better buys near the waterfront. Pay for exposure, not just floor height: a high south or west suite holds value far better than a north one beside the expressway.
Free building report: 33 Bay at Pinnacle Centre
Send me your email and I’ll put together a current report on 33 Bay at Pinnacle Centre — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
33 Bay at Pinnacle Centre — frequently asked questions
Who built 33 Bay at Pinnacle Centre?
Pinnacle International developed it, with Page + Steele / IBI Group Architects as architect.
How tall is 33 Bay?
Condos.ca lists 51 floors and 634 suites; UrbanToronto described it as a 50-storey tower during construction.
When was 33 Bay completed?
It was completed in 2011, and the corporation, TSCC-2204, was registered on 8 December 2011.
Is 33 Bay part of Pinnacle Centre?
Yes, it is the fourth and final condominium tower of the complex, alongside 12 Yonge, 16 Yonge and Success Tower.
What do the maintenance fees include at 33 Bay?
Condos.ca lists common elements, heat, air conditioning, building insurance, parking and water.
Is parking included at 33 Bay?
Condos.ca lists parking among the fee inclusions. That helps only if the suite owns a space, so confirm it on the listing and status certificate.
How big are the suites at 33 Bay?
Condos.ca lists suites from about 587 to 3,575 sq ft, including three-bedroom plans.
What amenities does 33 Bay have?
Condos.ca lists a gym, party room, games room, hot tub, guest suites, a car share program and barbecues. Confirm which facilities are shared with the other towers.
Who manages 33 Bay?
Condos.ca lists Del Property Management.
How does 33 Bay compare with Success Tower?
Both are Pinnacle Centre towers with parking in the fee and larger-than-usual suites. 33 Bay is the later, western tower and averages about $901 per square foot.
How much do condos at 33 Bay at Pinnacle Centre sell for?
Over the last 12 months the median resale at 33 Bay at Pinnacle Centre was $560,000, across 17 sales. The typical unit sold in 19 days at about 96% of the asking price. That works out to roughly $960 per square foot.
How much is rent at 33 Bay at Pinnacle Centre?
The median lease at 33 Bay at Pinnacle Centre over the last 12 months was $2,550/mo, from 111 leases. Units typically leased in 15 days.
What does each unit type cost at 33 Bay at Pinnacle Centre?
Over the last 24 months: One-bedrooms sold for a median $555,750 and rented for $2,450/mo; Two-bedrooms sold for a median $848,000 and rented for $3,788/mo. Each median uses three or more deals.
Are prices at 33 Bay at Pinnacle Centre up or down since 2022?
Down about 19%. The median sold price per square foot was $1,185 in 2022 and $960 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does 33 Bay at Pinnacle Centre offer an investor?
At a median price of $560,000 and a median rent of $2,550 a month, the gross yield is about 5.5%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at 33 Bay at Pinnacle Centre?
Mostly renters. Of the deals here in the last 24 months, 89% were leases and 11% were sales.
Can you Airbnb a unit at 33 Bay at Pinnacle Centre?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has 33 Bay at Pinnacle Centre had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is 33 Bay at Pinnacle Centre zoned for?
For TDSB public schools, the address is zoned for Market Lane Junior and Senior Public School (Elementary, JK–8), Jarvis Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to 33 Bay at Pinnacle Centre?
The nearest subway is Union station (Line 1 Yonge–University), 0.4 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 0.4 km; UP Express runs from Union station, 0.4 km; the 509 Harbourfront / 510 Spadina streetcar stops 0.1 km away; the closest bus is the Queens Quay East (TTC bus). Distances are straight-line from the building.
What is the Walk Score of 33 Bay at Pinnacle Centre?
Walk Score 97, Transit Score 100 and Bike Score 87. Most daily errands can be done on foot.
What restaurants and shops are near 33 Bay at Pinnacle Centre?
Within about a 10-minute walk: Second Cup (Coffee), Pita Pit (Pitas), Harbour Sixty Steakhouse (Steakhouse), My Roti Place (Caribbean), Sake Sushi (Sushi). The closest grocery store is Longo's, 0.2 km away.
Which parks are near 33 Bay at Pinnacle Centre?
Harbour Square Park Lands, Love Park, 50 Queens Quay East Park are the closest green spaces.
What is my unit at 33 Bay at Pinnacle Centre worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at 33 Bay at Pinnacle Centre lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at St. Lawrence, the Financial District and Downtown Yonge more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including St. Lawrence, the Financial District and Downtown Yonge. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at 33 Bay at Pinnacle Centre, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More St. Lawrence, the Financial District and Downtown Yonge building guides: One King West Hotel & Residence · 1 Thousand Bay Condos · 1001 Bay · 101 McGill Street Townhouses · 1132 Bay Street Condos · 1166 Bay Street Condos
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.