Starting From: CAD 1,789,900

Warehouse Lofts Toronto

187 Parliament Street, Toronto, ON

High-Rise Condos in Toronto

(3 votes, average: 4.33 out of 5)

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

Warehouse Lofts Toronto is a new condominium building located 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 have a mix of 2-bedroom to 3-bedroom layouts in sizes ranging from 1,366 to 1,674 square feet.

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

Features

Starting From: CAD $1,789,900

Developer:

Downing Street Group

Sher Corporation

Pricing and fees

Available unit price: From $1,789,900 to over $1,969,900

C.C/maint: $0.59 Per SqFt per Month

Cost to purchase parking: $85,000.00 (PARKING MAINTENANCE - $65.50 per month)

Cost to purchase storage: -

Average price per sqft: $1288 per SqFt

Co-op fee realtors: -

Deposit Structure

LOCAL DEPOSIT STRUCTURE

$5,000 on signing

Balance to 5% in 30 days

5% in 90 days

5% in 180 days

5% in 300 days

Total 20% deposit

INTERNATIONAL DEPOSIT STRUCTURE

$10,000 on signing

Balance of 10% in 30 days

10% in 90 days

10% in 180 days

5% in 300 days

Total 35% deposit

Current incentives

Incentive 1

Right to lease during interim occupancy

Right to Assignment ($7,500 value) Waived, just pay legals

Extended deposit structure as follows:

$5,000 with the offer

balance to 5% in 30 days

5% in 120 days

5% in 240 days

5% in 270 days

Total collected is 20%

*Incentive current as of August 23, 2023

Amenities

Work Space

Bicycle Storage

Outdoor Lounge

Lobby

BBQ Area

Rooftop Terrace

landscaped area

Pet Washing Area

Parcel Locker System

EV Charging

Dining Area

Yoga Area

Bicycle Repair Station

Rooftop Event Space

Gym

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Highlights

Located in the Corktown neighbourhood of Toronto

Steps away from TTC streetcar and bus routes

26-minute drive to Billy Bishop Toronto City Airport

15-minute drive to Union Station

4-minute drive to the CF Toronto Eaton Centre

Nearby parks are St. James Park, Underpass Park, and Joel Weeks Park

4-minute drive to Toronto Metropolitan University

10-minute drive to the University of Toronto

6-minute drive to Toronto General Hospital

Floor Plans

Neighbourhood

Warehouse Lofts Toronto by Downing Street Group and Sher Corporation is a condominium development located at 187 Parliament Street in Toronto’s Corktown neighbourhood, with a 99 out of 100 walk score and a 97 out of 100 transit score. The area around Warehouse Lofts Toronto provides residents with several lifestyle amenities, such as dining, shopping, and entertainment opportunities. Shopaholics can enjoy stores close to 187 Parliament Street, including the CF Toronto Eaton Centre, which is just a 4-minute drive away.

In addition, the neighbourhood also offers plentiful green spaces, including St. James Park, Underpass Park, Joel Weeks Park, and more.

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.

For flights, Billy Bishop Toronto City Airport is only a 26-minute drive away.

Education

This location is ideal for new families and students because there are excellent schools nearby, 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 Toronto Metropolitan University, which is just a 4-minute drive, and the University of Toronto, which is just a 10-minute drive, which influences their decision to live off-campus.

Toronto’s economy, high-quality living standards, and rising rental opportunities make Warehouse Lofts Toronto an attractive investment destination with potential for long-term value appreciation.

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Downing Street Group

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.

Sher Corporation

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.

Starting From: CAD 1,789,900

Warehouse Lofts Toronto

187 Parliament Street, Toronto, ON

High-Rise Condos in Toronto

Features

Pricing and fees

Deposit Structure

Current incentives

Amenities

Get the first access to the floor plans and price list.

Highlights

Floor Plans

Neighbourhood

Transportation

Education

Register to receive investment tips

Register For Price list & Floor Plans

Nearby Projects

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