191 Parliament Street

Reasons to Buy*

Population Increase & Economical Outlook

Toronto remains Canada’s largest city and its primary economic engine, with its population now estimated at approximately 3.37 million residents in early 2026. To address this rapid expansion, the province has set an official mandate for Toronto to build 285,000 new homes by 2031. However, current 2026 market projections highlight a critical “supply gap,” with a forecasted shortage of over 100,000 homes by the end of the decade. This structural scarcity continues to drive intense demand for housing in the downtown core, leading to sustained increases in real estate values and rental rates. As a world-class hub, Toronto hosts North America’s second-largest financial centre and one of its fastest-growing tech sectors, remaining a premier destination for global talent and long-term capital investment.

Connectivity & Transportation

191 Parliament Street offers elite urban mobility, anchored by a Perfect 100/100 Transit Score. Residents benefit from being in close proximity to Union Station, Canada’s busiest transport facility, which provides access to GO Trains, the TTC Subway system, VIA Rail, and the UP Express. A major milestone in Toronto’s transit history was reached this week with the official opening of the Eglinton LRT (Line 5) on February 8, 2026, which has significantly improved east-west travel across the Greater Toronto Area. Furthermore, Union Station’s ongoing modernization has recently added significant concourse capacity and retail space to support the city’s growing ridership. Whether utilizing the 24-hour streetcar lines at your doorstep or taking the UP Express for a direct 25-minute link to Pearson International Airport, navigating the city and beyond is effortless.

Location Advantages of 191 Parliament Street

Ideally situated at the intersection of Parliament and Queen Street East, this development boasts an exceptional Walk Score of 97/100, allowing you to complete all daily errands without the requirement of a car. The project is a 13-minute walk to Corktown Common, a spectacular 18-acre park that transformed a former industrial brownfield into a lush urban oasis. The location is a premier choice for students and faculty, with George Brown College and Toronto Metropolitan University both located just 4 minutes away by car. Professionals benefit from being only 5 minutes from Toronto’s Financial District, which is home to over 200,000 jobs. From world-class venues like the CN Tower, Scotiabank Arena, and the Distillery District to the hundreds of restaurant and retail options nearby, this address offers an unmatched blend of metropolitan convenience and heritage charm.

The Reputable Developer Behind 191 Parliament Street

The project is being developed by The Downing Street Group in collaboration with The Sher Corporation. Founded in 1986, The Downing Street Group is a full-service developer with 40 years of experience in acquiring and repositioning underperforming assets into high-value urban landmarks. They have earned a reputation for their “Big Thinking, Boutique Feeling” philosophy, ensuring institutional-grade precision with a personalized focus on design. Partnering with The Sher Corporation, which brings over 26 years of design-focused development and engineering expertise, they have created the unique Warehouse Lofts—a 11-storey boutique project that integrates heritage-inspired architecture with modern live-work functionality. This proven track record of delivering successful mixed-use projects provides investors and homeowners with unwavering confidence in the quality and long-term value of 191 Parliament Street.

191 Parliament Street Quick Facts*

Developer: Downing Street Group
Address: 191 Parliament Street, Toronto
Nearest Intersection: Richmond & Parliament
Pricing: Anticipated to Start From the $500’s
Occupancy: 2022
Storeys / Suites: 11 Storeys / 15 Units
Suite Types: TBA
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: TBA
Incentives: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Stainless Steel Appliances, Exclusive 1 Year Free Leasing Services & 1 Year Free Professional Property Management Services*
Suite Features: TBA