Parliament

Parliament Street in Toronto's Waterfront Communities neighbourhood is home to Toronto Condominium Corporation No. 1998, a 29-storey high-rise apartment building completed in 2009. The building comprises residential units managed by DEL. Monthly maintenance fees typically cover heat and building insurance, and recent lease data suggests an average monthly rent around $3,500. The location offers excellent urban convenience, with 33 restaurants, 23 cafes and five grocery stores within 800 metres, plus proximity to multiple parks and transit access. Prospective buyers and owners should request a current status certificate along with the reserve fund study, financial statements, property budget and board minutes to fully understand the building's condition and governance before committing to purchase or lease.