Toronto, ON · Condo

31R Parliament Street Condos

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Renderings and features may vary and are subject to change. Renderings are for illustrative purposes only.

A closer look at 31R Parliament Street Condos.

Home type
Condo
Bedrooms
1 – 3

Project Overview

One of downtown Toronto’s most cherished historic neighbourhoods is getting a splendid new luxury residence that is sure to become a popular landmark destination.

31R Parliament Street is a new condominium development by Dream Unlimited in Toronto. This new project is located at 31 R Parliament Street south of Front Street East in Toronto’s historic Distillery District.

Currently still in the planning stages, this mixed-use development looks to become a fantastic addition to one of Toronto’s top cultural attractions.

Set to contain 450 condo units and host a substantial amount of retail/commercial space, this ambitious development is set to invigorate this bustling and engaging neighbourhood with the fantastic facilities and delectable design for which this area has become well-known.

Specifications and Amenities

Planned to reach heights of at least 47 storeys and be equipped with a multi-level underground garage, this development follows in the footsteps of previous successful projects by Dream Unlimited, a developer whose distinguished track record can be witnessed by just Distillery District-located projects alone.

Dream Unlimited is also responsible for the magnificent Clear Spirit, a 40-storey, 346-unit deluxe condominium located at the eastern end of the Distillery District. Located steps away, this sister development comes with a full line-up of sumptuous amenities that include a pool with jacuzzi, a library, a theatre room, and an outdoor terrace with accompanying barbecue area.

Along with fellow pre-construction Distillery District-project 60 Mill Street, 31R Parliament looks to be another fantastic success by Dream Unlimited.

With its splendid design and proximity to significant attractions and facilities, this condo is set to become an important residential, commercial, and cultural addition to the Distillery District. For all these reasons and more, consider 31R Parliament Street as your next real estate investment.

Location and Neighbourhood

As one of Toronto’s pre-eminent cultural attractions, the historic Distillery District has been developed into a bustling and thriving neighbourhood that has become an in-demand market for real estate investors. Formerly the largest maker of whiskey in the world, the Gooderham and Worts Distillery is now home to an eclectic community of art galleries, coffee houses, and upscale restaurants where visitors come to walk its unique cobblestone pathways.

Awarded a superb Walk Score of 83, this immensely-walkable neighbourhood contains a number of services and shops that accessible without the need of a car. And while amenities like grocery stores and pharmacies as well as important city destinations such St. Lawrence Market and George Brown all lie within a short walk, residents can easily access the downtown core using the area’s unparalleled public transportation.

With both streetcars and busses passing through its borders, the Distillery District is serviced with fast access to public transportation. Rated a Transit Score of 91, local residents can quickly reach nearby subway stations and make their way quickly through the city. The situation is likewise convenient for drivers; the Gardiner Expressway is located just south of the development as is Lakeshore Boulevard East that stretches out to Mississauga as well as east to the Beaches.

In addition to its close proximity to the Lake Ontario and numerous waterfront trails, this condo is also served by a number of nearby parks such as Parliament Square Park and the Esplanade green space that includes David Crombie Park.

Project information

31R Parliament St, Toronto, ON M5A 2Y2

By Dream Unlimited Corp

Amenities

3 recorded amenities

  • Theatre Room
  • Outdoor Terrace
  • Barbecue Area

Location & neighbourhood

Explore the full location guide ↗

Toronto|31R Parliament St, Toronto, ON M5A 2Y2

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LOCAL MARKET INSIGHTS · SEP 2026

The market around Toronto.

City-wide resale snapshot · CAD

Understand the existing-home market alongside your new-home search. These completed-month observations cover the provider’s Toronto geography across all property types. Builder prices and availability need a separate, current quote.

Median sold price
$865,000
-1.1% year over year
Recorded sales
1,013
-1.7% year over year
Active listings
4,977
3,473 new sale listings that month
Listing days
32 days
Provider’s listing-days measure

Compare the home and ownership type

Use the matching resale category as context for size, location and ownership costs.

Sep 2026 · Toronto · resale references for this project’s recorded categories
Property typeMedian soldAnnual changeSalesActive listingsMonthly rent
Condo apartments$600,000-4.0%4903,066$2,6002,607 recorded rentals

What this means for your search. Compare a similar home type first, then account for floor area, age, parking, maintenance fees and the future closing date. Changes in a monthly median also reflect which homes sold; they do not measure same-home appreciation. Recorded rents are historical resale observations, not projected rent for this development.

Explore price and rental history, sales activity, property-type filters and community comparisons in the full market report.

HouseSigma supplied aggregate export, captured 2026-10-24. Latest completed month: Sep 2026. Sale medians and annual price comparisons require at least 5 sales in each relevant month; rents require 5 rentals. Missing observations stay unavailable. These are resale figures, not project sales, appraisals or forecasts. Sources & methodology

Project details

Building & property details

Selling status
Registration
Construction status
Preconstruction
Units
450
Storeys
40

Additional information & categories

Ownership types
Condominium
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Developed by

Dream Unlimited Corp

Explore the developers behind 31R Parliament Street Condos. Team Arora provides independent guidance to help you compare home designs and confirm current pricing, availability and purchase details.

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