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31 Parliament Street
M5A2Y2
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ACTIVE
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About 31 Parliament Street
31 Parliament Street is a 41-storey high-rise condo completed in 2024 by Lanterra Developments, bringing 428 units to Toronto's Waterfront Communities. Located at the edge of the St. Lawrence neighbourhood, this new building captures the energy of the revitalized waterfront while remaining steps from the Financial District. With units ranging from intimate layouts to spacious four-bedroom homes, it's drawing both owner-occupants and investors to this rapidly transforming area.
Parliament Street sits at the intersection of old Toronto and new development. You're walking distance to the Distillery District, St. Lawrence Market, and the Esplanade, with the Harbour front path and parks minutes away. The Dundas subway station and King streetcar are nearby, making downtown commutes quick. This location appeals to professionals who want neighbourhood character without sacrificing modern convenience, and to families seeking walkable street life.
No active listings found for 31 Parliament Street right now.
Frequently asked questions
What type of building is 31 Parliament Street?
31 Parliament is a 41-storey high-rise residential tower developed by Lanterra Developments and completed in 2024. The building contains 428 units in total, offering a mix of layouts from one-bedroom to four-bedroom homes. As a new construction, it features modern building systems, contemporary finishes, and a full range of amenities typical of current-era condos. Lanterra is known for thoughtful design and solid finishes, and this building reflects that approach. The building's height and location on Parliament Street give it strong sightlines while maintaining integration with the surrounding neighbourhood's historic character.
What's the neighbourhood like, and how do I get around?
31 Parliament is located in the Waterfront Communities, right at the edge of St. Lawrence, one of Toronto's oldest and most character-filled neighbourhoods. You're steps from St. Lawrence Market, the Distillery District, and the Esplanade cultural corridor. The Harbour front path and parks are minutes away, offering green space and water access. For transit, Dundas subway station is a short walk, and the King streetcar line runs nearby, giving you direct connections downtown and eastward. The area is highly walkable, with independent shops, restaurants, and galleries on and around King and Parliament. This location suits people who want to be close to the water and downtown jobs without living in a purely corporate neighbourhood.
What should I consider if I'm thinking of buying or renting here?
If you're considering 31 Parliament, think about what unit size and layout match your lifestyle. The building has options from bachelor and one-bedroom units up to four-bedroom homes, so clarify your space needs. As a new 2024 building, maintenance fees and property taxes are set; ask the agent or landlord for the current schedule so you can budget accurately. If you have pets, confirm the building's pet policy and any size or breed restrictions. Consider whether you want to be close to the market and Harbour front scene or if you prefer quieter side streets. Visit at different times of day to get a feel for street activity. The building's location bridges heritage Toronto and the modern waterfront, so assess whether that mix feels right for you.