120 Parliament Street, Toronto, ON

$998,600
MLS#:C12098746
3 beds
2 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $998,600 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Yes! The Penthouse with the arena sized balcony is here..it is 400sf overlooking Toronto! This one will make you want to do a TikTok dance in front of the Toronto skyline. The East United Condos embodies unparalleled luxury in Toronto's East Downtown. A creation birthed by SigNature Communities, Berkshire Axis and Andeil Homes, this unique condo spans from Parliament to Berkeley Street and this rarely available penthouse is now available. An epic 2+1bed, 2-bath, 1000 sqft residence seamlessly fusing penthouse opulence with functionality, catering to both social gatherings on the 400sf terrace and serene family living. Notable for its wide south views of the lake as well as the West views of the Financial District downtown, it epitomizes the pinnacle of great downtown living. Close to the distillery, with its rich history, 120 Parliament is positioned to capitalize on the best of Toronto while benefiting from the quiet displacement from the core noise of the city.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 23, 2025
Sold price information is available to members only
Listed Date4/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$5,336.05

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Storage Area Lockers

Security Features

Community Features

Location

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120 Parliament Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 120 Parliament Street PH 2404, Toronto C08, ON M5A 0N6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$74,860 (7.5%)
* Minimum Canadian down payment required for this price is $74,860.
Amortization Period25 Years
Estimated Monthly Payment$5,505Based on a loan of $923,740 over 25 years.
Purchase Price$998,600
Loan Amount$923,740
Provincial Land Transfer Tax:$16,447
Toronto Municipal Land Transfer Tax:$16,447
Total Estimated Closing Taxes:$32,894

About Purchasing a Home in Toronto, ON

For a property listed at $998,600 in Toronto, the legal minimum down payment is $74,860 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,447 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,447 also applies, bringing the total estimated land transfer taxes to $32,894.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Moss Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$819,014

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.