Parliament Square condo building exterior
Mid-Rise Condo

Parliament Square

by Davies Smith Developments

39 Parliament Street, Toronto, ON M5A 4R2

Year Built

2000

Total Units

181

Avg $/sqft

$639

Storeys

13

Available Units in Parliament Square

3

Units for sale

From $549,990

Photo of Unit 1102, 39 Parliament Street
For Sale
Listed for:

Listed 1 day ago

$549,990

Unit 1102, 39 Parliament Street

Toronto (Waterfront Communities), ON M5A 4R2

1 + 1Bedrooms
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 716, 39 Parliament Street
For Sale
Listed for:

Listed 20 days ago

$699,000

Unit 716, 39 Parliament Street

Toronto (Waterfront Communities), ON M5A 4R2

2Bedrooms
2Bathrooms
0Parking
900-999Sq Ft

Condo ApartmentFor Sale

Photo of Unit 816, 39 Parliament Street
For SaleCity View
Listed for:

Listed 7 days ago

$889,000

Unit 816, 39 Parliament Street

Toronto (Waterfront Communities), ON M5A 4R2

2Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Sale

1

Unit for rent

From $2,000/mo

Photo of Unit 818, 39 Parliament Street
For RentRooftop Terrace
Listed for:

Listed 20 days ago

$2,000

Unit 818, 39 Parliament Street

Toronto (Waterfront Communities), ON M5A 4R2

0Bedrooms
1Bathroom
0Parking
0-499Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

As expected for a building with such a prestigious address — 39 Parliament Street in the enchanting Distillery District — these condos are the epitome of luxurious modern homes. Although what many Torontonians may not know is that the Parliament Square Condos features considerable accessibility features. Completed in 2000 by Davies Smith Developments, 39 Parliament doesn’t just attract many prospective homeowners seeking Toronto condos for sale, they warmly welcome residents regardless of their abilities.

It’s only fitting that the Distillery District’s distinctive red heart sculpture stands right in front of the condos, since the illustrious team at Quadrangle Architects designed the Parliament Square Condos with care. Rising up to 13-storeys, and set along the charming Gristmill Lane, the building features a distinguished brick façade — preserved from a historical machine shop.

Complementing the brickwork, 39 Parliament’s design incorporates a sense of grandeur thanks to its voluminous cubic window bays. This all culminates in a level of modern penthouses, framed by a boldly articulated awning. Altogether, Parliament Square features a range of architectural forms, bringing a vibrant contemporary aesthetic to Distillery Districts’ heritage-centred atmosphere. Similarly, eclectic retail is located at street level in the building, just next door to its welcoming private lobby and lounge.

Finally, the amenities available to residents include a well-equipped fitness centre, rooms appointed for meetings and hosting parties, and a rooftop terrace overlooking the Distillery District, with views of Lake Ontario and the city’s skyscrapers in the not-too-far-off distance.

Developer

Davies Smith Developments

Year Built

2000

Property Type

Mid-Rise Condo

Storeys

13

Total Units

181

Management

Icon Property Management

Amenities

Underground Parking

Rooftop Garden

Visitor Parking

BBQ Area

Party Room

Bike Storage

Price History

42 records
Loading history…

Market Stats

Prices in Parliament Square are down 26.3% compared to last year.

$639

Avg $/sqft

-26.3%

YoY change

66

Avg days on market

Location & Walkability

Walk Score

96/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

73/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Distillery District

cultural walkable artistic

The Distillery District is a unique neighbourhood in Toronto known for its historic charm and vibrant culture. It offers a mix of shops, restaurants, and community spaces.

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Rich cultural and artistic atmosphere
  • Many dining and shopping options
  • Close to parks for outdoor activities
  • Good school ratings

Keep in mind

  • No current homes for sale or rent
  • Limited public transit options

The feel of the placeLifestyle

Daily life in the Distillery District is lively and engaging, with plenty of activities and community events. Residents enjoy a walkable area filled with unique shops and eateries.

Great for young professionals art lovers food enthusiasts

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside Distillery District's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

Sources: HOMEH listings, OpenStreetMap, © OpenStreetMap contributors (ODbL)