1102-39 Parliament Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C14031414

$549,990
For Sale
Listed 5 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Suite 1102 at Parliament Square is a bright 1-bedroom plus den in the heart of the Distillery District, a rare pocket of downtown Toronto where cobblestone streets...
  • At approximately 650 sq ft, this 11th-floor unit lives large with an open-concept living and dining area, floor-to-ceiling windows, and clear views of the CN Tower...

Suite 1102 at Parliament Square is a bright 1-bedroom plus den in the heart of the Distillery District, a rare pocket of downtown Toronto where cobblestone streets, heritage brick, and modern living come together. At approximately 650 sq ft, this 11th-floor unit lives large with an open-concept living and dining area, floor-to-ceiling windows, and clear views of the CN Tower and city skyline. The kitchen features stainless steel appliances and a breakfast bar that works as easily for a quiet morning as it does for hosting friends. The study is a genuinely usable space - the quiet, dedicated spot for working from home that so many units this size are missing. The bedroom is a solid size with a large closet, and the southwest-facing balcony is the place to take in the skyline at the end of the day. Step outside and the Distillery District is your backyard - independent restaurants, cafes, art galleries, live theatre, boutique shops, and year-round events like the Christmas Market and Jazz Festival. The waterfront and trails are minutes away, TTC streetcars are at your door, and the Gardiner and DVP are moments away. This is downtown Toronto living with real character.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14031414
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Parliament And Front
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$514/mo
Exposure
South West
Property tax
$2,363 / 2026
Days on market
5
Listing brokerage
RE/MAX HALLMARK REALTY LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The 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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C8 · asking prices
$553kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $851/sqft; this home lists at $847/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home560k595k499k490k619kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$529K
North St. James Town
$765K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K
Niagara
$724K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 47% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Market Lane Junior and Senior Public School · Public elementary0.2 km · 74% at standard
St Michael Catholic School · Catholic elementary0.7 km · 67% at standard
Downtown Alternative School · Public elementary0.7 km
Lord Dufferin Junior and Senior Public School · Public elementary1.3 km · 55% at standard
St Michael's Choir (Jr) School · Catholic elementary1.4 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.4 km · 98% at standard
Queen Alexandra Middle School · Public elementary1.6 km · 71% at standard
Sprucecourt Junior Public School · Public elementary1.6 km · 59% at standard
SEED Alternative School · Public secondary1.6 km
Dundas Junior Public School · Public elementary1.7 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.9 km · 76% at standard
St Martin Catholic School (St.Martin) · Catholic secondary2.0 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,507/mo
$115KIncome needed
4.8×Price ÷ income
$578Weekly cost
$14,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

78%mortgage
Mortgage $2,507Property tax $197Condo fee $514Total carry $3,217

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,433per month

Mortgage amount $439,992 · 4.49% over 25 years

$109,998Down payment (20.0%)
$439,992Loan before insurance
$0CMHC premium
$3,144Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$197
Condo / maintenance fees
$514
Heating
$0
Estimated monthly cost
$3,144

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $109,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/monthPayment at the qualifying rate

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

$289,845Total interest paid
$729,837Total of all payments
Principal $439,992 Interest $289,845
YearPrincipalInterestBalance
1$9,819$19,375$430,173
2$10,265$18,929$419,909
3$10,731$18,463$409,178
4$11,218$17,976$397,960
5$11,727$17,466$386,233
6$12,260$16,934$373,973
7$12,816$16,377$361,157
8$13,398$15,795$347,759
9$14,006$15,187$333,753
10$14,642$14,551$319,110
11$15,307$13,886$303,803
12$16,002$13,191$287,801
13$16,729$12,465$271,072
14$17,488$11,705$253,583
15$18,282$10,911$235,301
16$19,113$10,081$216,188
17$19,980$9,213$196,208
18$20,888$8,306$175,320
19$21,836$7,358$153,485
20$22,827$6,366$130,657
21$23,864$5,330$106,793
22$24,947$4,246$81,846
23$26,080$3,113$55,766
24$27,264$1,929$28,502
25$28,502$691$0

At the end of your 5-year term

Total paid over the term
$145,967
Principal paid down
$53,759
Interest paid
$92,209
Balance remaining
$386,233

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.

Let's connect

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

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.5%
Gross yield
− Property tax $2,363− Condo fees $6,166− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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