Overview
- Updated On:
- April 16, 2023
Description
One of downtown Toronto’s most cherished historic neighbourhoods is getting a splendid new luxury residence that is sure to become a popular landmark destination.
31R Parliament Street is a new condominium development by Dream Unlimited in Toronto. This new project is located at 31 R Parliament Street south of Front Street East in Toronto’s historic Distillery District.
Currently still in the planning stages, this mixed-use development looks to become a fantastic addition to one of Toronto’s top cultural attractions.
Set to contain 450 condo units and host a substantial amount of retail/commercial space, this ambitious development is set to invigorate this bustling and engaging neighbourhood with the fantastic facilities and delectable design for which this area has become well-known.
Planned to reach heights of at least 47 storeys and be equipped with a multi-level underground garage, this development follows in the footsteps of previous successful projects by Dream Unlimited, a developer whose distinguished track record can be witnessed by just Distillery District-located projects alone.
Dream Unlimited is also responsible for the magnificent Clear Spirit, a 40-storey, 346-unit deluxe condominium located at the eastern end of the Distillery District. Located steps away, this sister development comes with a full line-up of sumptuous amenities that include a pool with jacuzzi, a library, a theatre room, and an outdoor terrace with accompanying barbecue area.
Along with fellow pre-construction Distillery District-project 60 Mill Street, 31R Parliament looks to be another fantastic success by Dream Unlimited.
With its splendid design and proximity to significant attractions and facilities, this condo is set to become an important residential, commercial, and cultural addition to the Distillery District. For all these reasons and more, consider 31R Parliament Street as your next real estate investment.
For all the latest updates on this exciting new real estate development, interested investors should register with GTA-Homes today.
Location & Neighbourhood
As one of Toronto’s pre-eminent cultural attractions, the historic Distillery District has been developed into a bustling and thriving neighbourhood that has become an in-demand market for real estate investors. Formerly the largest maker of whiskey in the world, the Gooderham and Worts Distillery is now home to an eclectic community of art galleries, coffee houses, and upscale restaurants where visitors come to walk its unique cobblestone pathways.
Awarded a superb Walk Score of 83, this immensely-walkable neighbourhood contains a number of services and shops that accessible without the need of a car. And while amenities like grocery stores and pharmacies as well as important city destinations such St. Lawrence Market and George Brown all lie within a short walk, residents can easily access the downtown core using the area’s unparalleled public transportation.
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