Warehouse Lofts

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High-Rise condos in Toronto

187 Parliament Street, Toronto, ON

Something big, bold, and completely innovative has come to the Queen and Parliament Square—truly the best of both worlds.

Warehouse Lofts is a condo building finished in 2022 at 187 Parliament Street in Toronto, ON, by two of the GTA’s best developers, Downing Street Group and Sher Corporation.

This project, designed by Kohn Partnership Architects, is a collection of 29 live/work lofts in an 11-story tower on the top five floors of the heritage-inspired Parliament & Co. The units range in size from 961 to 1,674 square feet.

This Toronto condominium for sale starts at CAD $1,789,900.

Amenities

Warehouse Lofts Toronto offers retail space on the main floor with large warehouse-inspired windows
Levels 2–5 will provide commercial space with large open spaces suitable for larger businesses
The 11th storey will provide even space, a spacious terrace, and a meeting area with views of the city
It has three speedy industrial-style elevators that have an industrial heritage vibe
The building will have a two-level underground parking garage, which will contain 41 spaces
There will be a bicycle storage and a repair station

Cost to Purchase Parking: $85,000.00
Cost to Purchase Parking: $85,000.00
Est. Property tax 0.5% of the price / year

Right to lease during interim occupancy
Right to Assignment ($7,500 value) Waived, just pay legals
Extended deposit structure $5,000 with the offer Balance to 5% in 30 days 5% in 90 days 5% in 270 days 5% in 420 days Total collected is 20%
*Incentive current as of November 10, 2022

$5,000 on signing Balance to 5% in 30 days 5% in 90 days 5% in 180 days 5% in 370 days
INTERNATIONAL DEPOSIT STRUCTURE
$10,000 on signing Balance of 10% in 30 days 10% in 90 days 10% in 180 days 5% in 370 days

Highlights

Located in the Corktown neighbourhood of Toronto
Steps away from TTC streetcar and bus routes
12-minute walk to CF Toronto Eaton Centre
Close access to DVP and QEW
12-minute drive to Ryerson University
Close to shops, restaurants, and schools
Nearby parks include Underpass Park, Joel Weeks Park, and Moss Park
This beautiful building looks old - it’s inspired by the historic structures that surround it
Soaring 10-foot ceilings

Floor Plans

All
2 Bed
3 Bed

2 Bed

Neighborhood

Warehouse Lofts by Downing Street Group and Sher Corporation is a condominium development now complete at 187 Parliament Street in Toronto’s Corktown neighbourhood, with a 97 out of 100 walk score and a 98 out of 100 transit score.

The area around Warehouse Lofts Toronto provides residents with several lifestyle amenities, such as dining, shopping, and entertainment opportunities. Furthermore, if you work from home, you will be surrounded by some very inspiring good companies as neighbours, creating an incredible opportunity for real estate investors.

Transportation

Residents of Warehouse Lofts Toronto will be steps away from TTC streetcar and bus routes, allowing them to travel throughout the city seamlessly and into Union Station in just 15 minutes.

Motorists, on the other hand, can reach the Don Valley Parkway, and the Gardiner Expressway is conveniently located close to Warehouse Lofts Toronto, allowing them seamless travel throughout the downtown core, the city, and beyond.

Education

This location is ideal for new families and students because there are excellent schools nearby. Nelson Mandela Park Public School, Lord Dufferin Public School, St. Paul Catholic School, and many others are among the surrounding primary and secondary institutions.

Post-secondary students looking for off-campus housing for the school term will find Warehouse Lofts Toronto conveniently close to Ryerson University and the University of Toronto.

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Developer

The Sher Corporation has the skill to take a distinctive approach to the Toronto real estate market. They are working on projects all throughout the Greater Toronto Area with the intention of defining the character of the city’s landscape. Because of their leadership, they have an unusual grasp of the needs of the city, which influences the way they approach architecture and infrastructure.

More projects from Sher Corporation

The Downing Street Group has been acquiring, repositioning, and developing residential, office, commercial, land, and industrial real estate since 1986. In addition to offering loan and equity financing to third parties across all asset classes, they provide consulting services. They are known for their “Big Thinking, Boutique Feeling.” The secret to The Downing Street Group’s success is the implementation of its four active complementary investing theses by a team with a great balance of sector knowledge and entrepreneurial talents, while delivering consistent and sustained risk-adjusted returns to the business and its investors.