No. 31 Condos — pre-construction condo in Toronto
Selling Now
Condo
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No. 31 Condos Toronto

New pre-construction condo in Toronto.

31 Parliament St, Toronto Nearest Intersection:  Parliament St & Front St E
Developer TBA
Occupancy TBD
Starting From
$700,000s
Bedrooms
Bathrooms
Size
Contact for Details
Occupancy
TBD
Overview

About No. 31 Condos

Project highlights

Development
No. 31 Condos
Developer
Developer TBA
Location
Toronto — 31 Parliament St, Toronto Nearest Intersection:  Parliament St & Front St E
Property type
Condo
Ownership
Condominium / Freehold
Sales status
Selling Now
Starting price
$700,000s
Occupancy
TBD

No. 31 Condos is a new pre-construction condo in Toronto. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.

Starting at $700,000s, No. 31 Condos is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.

Introducing an incredible investment opportunity coming soon to Toronto’s beloved Distillery District — Surrounded with culture, art, history and style, No. 31 Condos is set to stand 41-Storeys tall at 31 Parliament St in the coveted Distillery District. A fantastic assortment of urban amenities can be found in the immediate surrounding area where future residents will be just minutes from TTC Transit, Union Station, Gardiner Expressway, Top Universities, Toronto Eaton Centre and so much more that the city has to offer.

Location

Why Toronto works

Toronto, Ontario

No. 31 Condos sits at 31 Parliament St, Toronto Nearest Intersection:  Parliament St & Front St E. Canada's largest city and financial capital. World-class transit, diverse neighbourhoods, and the strongest job market in the country—making pre-construction condos here a top choice for investors and urban professionals.

Toronto keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.

Why Toronto is growing

  • Strongest job market in Canada with highest salaries
  • Best transit connectivity in the GTA
  • Highest property appreciation potential
  • International appeal attracts global investors

About Toronto

Discover why Toronto is an ideal location for pre-construction investment

About Toronto: A Growing Community in the GTA

Toronto is home to 2.9 million (largest city in Canada), and growing by 77,000+ residents annually. Canada's financial capital and largest employment hub Additionally, world-class transit system with ongoing expansions. Located in Toronto, No. 31 Condos offers residents a perfect blend of urban convenience and suburban comfort.

Diverse neighborhoods each with unique character Strong rental market with high occupancy rates

Transit & Connectivity

Toronto is well-connected to the GTA through Line 1 (Yonge-University) and Line 2 (Bloor-Danforth) and Line 4 (Sheppard) and Line 5 (Eglinton Crosstown - opening soon) subway lines. GO Train stations including Union Station, Bloor GO, Exhibition GO, and more provide average 30-45 minutes to downtown core. Major highways including Highway 401, Gardiner Expressway, Don Valley Parkway, Highway 400 ensure easy access throughout the region.

Lifestyle & Amenities

Residents of Toronto enjoy access to excellent educational institutions including University of Toronto and Toronto Metropolitan University (formerly Ryerson), healthcare facilities like Toronto General Hospital, and major shopping destinations such as Eaton Centre and Yorkdale Mall. Popular parks include High Park and Trinity Bellwoods.

Investment Potential & Growth

Average condo prices: $700,000-$1.2M. Annual appreciation: 5-8% Average rental yield: 3.5-4.5%. Strong rental demand from students and professionals Future developments include Ontario Line subway expansion and Waterfront revitalization, which will further enhance the area's appeal. Major employment centers include Financial District and Tech sector (MaRS, Waterfront Innovation), driving demand for housing.

Why Toronto is Perfect for Pre-Construction Investment

Strongest job market in Canada with highest salaries Best transit connectivity in the GTA Highest property appreciation potential International appeal attracts global investors Limited land supply drives long-term value Investing in pre-construction in Toronto allows you to secure a property at today's prices while the area continues to develop and appreciate in value.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Investment

Why pre-construction wins

Investment potential

No. 31 Condos is priced below comparable resale homes in Toronto. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.

Buy at today's price, own at tomorrow's value. The playbook that worked for thousands of GTA buyers since 2010.

Developer confidence

Developer TBA has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.

View Developer TBA profile & projects

Project data sheet

DeveloperLanterra Developments
Address31 Parliament St, Toronto Nearest
IntersectionParliament St & Front St E
PricingSold Out
OccupancySpring / Summer 2024 Storeys /
Suites41 Storeys / 428 Suites Suite
TypesOne Bedroom + Den – Three Bedroom Suites Suite
Sizes600 sq ft – 1,079 sq ft Maintenance
Fees$0.67 / sq ft + Hydro & Water
Parking$80,000 (Available for Suite 770 sq ft or Larger)
Locker$7,500 (Waitlist) Deposit
Structure$5,000 on Signing // 5% Minus $5,000 in 90 Days // 5% in 180 Days // 5% in 540 Days // 2.5% on Occupancy Incentives*:  Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, $0 Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Suites on levels 38-41 get $5,000 towards Upgrades, All Suites get Laminate Wood Floors included in Bedrooms, 5% Cash Off First 20 Suites 555 sq ft or larger sold by May 5th, 2021​ Suite
FinishesLaminate Flooring, Granite Kitchen Countertops, Black Stainless Steel Kitchen Appliances, Stacked Washer & Dryer & More Building
Amenities24-Hour Concierge, Co-Working Lounge, Indoor Pool, Dry Sauna, State-of-the-Art Gym with Yoga/Stretch Room, Children’s Play Area, Outdoor Roof Garden with Lounging & Private Dining Areas with BBQs
Buyer FAQ

No. 31 Condos questions answered

What is the deposit structure for No. 31 Condos?

The exact deposit schedule for No. 31 Condos is set by Developer TBA and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for No. 31 Condos's current deposit structure.

When is the occupancy date for No. 31 Condos?

Occupancy for No. 31 Condos has not been publicly confirmed by Developer TBA yet. Pre-construction projects in Toronto typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.

Are assignment sales allowed at No. 31 Condos?

Assignment policy is set project-by-project by Developer TBA. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for No. 31 Condos.

What are the closing costs for No. 31 Condos?

Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for No. 31 Condos.

Is No. 31 Condos a good investment?

No. 31 Condos by Developer TBA is priced at $700,000s in Toronto. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.

How do I buy No. 31 Condos?

Register with PreconFactory for VIP Platinum access to No. 31 Condos. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.

Who represents buyers at No. 31 Condos?

PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on No. 31 Condos and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.

Limited VIP spots available

Don't miss out on No. 31 Condos

Secure your unit today with VIP Platinum access. First pick of floor plans, exclusive pricing, and builder incentives before public launch.

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