31 Parliament Condominiums

This corner of downtown Toronto puts everyday needs and leisure close at hand. The address sits near the historic Distillery District and Corktown, areas known for their restaurants, cafés, galleries and independent shops. St. Lawrence Market and the city's waterfront are within reach for groceries, dining and green space along the lake.

For specific stores, schools and services near 31 Parliament Street, buyers should confirm current options directly, as the surrounding neighbourhood continues to add new amenities.

The east downtown location offers strong access to the city's transit network, with TTC streetcar and bus service running through the area and the King and Queen corridors nearby. The Gardiner Expressway and Don Valley Parkway are both a short drive away, connecting drivers to the rest of the GTA, while Union Station and its regional GO Transit services lie to the southwest of the site.

Lanterra Developments is a well-established Toronto-based builder known for large-scale condominium projects across the downtown core. The company has a long track record of urban residential development in the city, focusing on high-density living in central locations.

Buying pre-construction here starts with registering for early access, which lets prospective buyers receive floor plans, pricing and first opportunities to purchase before broader public release. Getting in early in a release can matter because the most sought-after layouts and pricing tiers are often the first to go.

Deposits on new condos are typically structured in stages spread over time rather than paid all at once, with amounts and milestones set by the builder. Buyers should review the deposit schedule and any incentives carefully before signing.

In Ontario, buyers of a new pre-construction condominium have a 10-day cooling-off period under the Condominium Act, during which they may cancel the agreement. Ownership also usually involves an interim occupancy phase — living in the suite before the building formally registers — followed by final closing when title transfers. Specific figures and dates for this project will be confirmed by the builder.