816-39 Parliament Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13875564
About this home
In short
- Streets of gingerbread-coloured cobblestone and heritage buildings of rich red brick sets the scene for this spacious, conventional apartment found at the foot of...
- 39 Parliament isn't another flashy, glassy highrise chasing the next trend.
- Roomy bedrooms and a large, renovated kitchen with full-sized appliances offer comfort and practicality, while the complete ensuite laundry room with plenty of...
- Downtown and Union station are only a 25-minute walk away, or catch the streetcar 3 minutes from your door.
ACTUALLY, ROMANTIC. Streets of gingerbread-coloured cobblestone and heritage buildings of rich red brick sets the scene for this spacious, conventional apartment found at the foot of Toronto's most distinctive neighbourhood: The Distillery District.Autumn hues and the warm stone backdrop of historical architecture offer a timeless atmosphere year round. 39 Parliament isn't another flashy, glassy highrise chasing the next trend.This split-layout suite is more like a reserved intellectual: confident in who it is and built to last. Think classic novel or tailored jacket.Roomy bedrooms and a large, renovated kitchen with full-sized appliances offer comfort and practicality, while the complete ensuite laundry room with plenty of storage adds a level of functionality. This suite is thoughtfully designed for the messiness of real life -kids, pets, home offices, hobbies & more. It embraces modern living while preserving its mature charm. Not to mention, city and CN Tower views.With European flair, the Distillery District (turns into the world-famous, magical Winter Village) would be your everyday life. Shops, Cafés, Restaurants, Galleries, Patios and Pop-up Markets all within reach. Venture beyond the village to St Lawrence Market for your weekend haul, or wander through Corktown Common with your favourite friend (let's be honest, it's your dog).Downtown and Union station are only a 25-minute walk away, or catch the streetcar 3 minutes from your door. Pedestrian-only appeal, you get Eataly, Balzac's, Brick Street Bakery and more, just steps away. And with the Ontario Line on the horizon, the neighbourhood's exceptional connectivity is only getting better.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13875564
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Parliament St & Mill St
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $803/mo
- Exposure
- South
- Property tax
- $3,379 / 2026
- Days on market
- 12
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
hardwood floor · b/i closet
stone counters · stainless steel appl · breakfast bar
large window · 4 pc ensuite · walk-in closet(s)
hardwood floor · window floor to ceiling · w/o to balcony
open concept · hardwood floor · combined w/kitchen
hardwood floor · large window · closet
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
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The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $711,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,932
- Property tax
- $282
- Condo / maintenance fees
- $803
- Heating
- $0
- Estimated monthly cost
- $5,017
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,255
- Toronto municipal land transfer tax
- $14,255
- Estimated closing costs
- $28,510
Plus your down payment of $177,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $235,941
- Principal paid down
- $86,896
- Interest paid
- $149,045
- Balance remaining
- $624,304
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.