Theory Condos — Toronto Pre-Construction
Theory Condos is a resale pre-construction condos development by Parallax Development Corporation in Toronto's Baldwin Village. Get pricing, floor plans, d…
Theory Condos Quick Facts
| Project Name | Theory Condos |
|---|---|
| Developer | Parallax Development Corporation |
| Address | 203 College Street |
| City | Toronto |
| Neighbourhood | Baldwin Village |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 29 |
| Suite Sizes | 526 – 855 sq ft |
| Pricing | Register for pricing |
| Maintenance Fees | $1 / sq ft / month |
| Occupancy | 2021-01-01 |
| Walk Score | 97 |
| Transit Score | 100 |
About Theory Condos in Toronto
Theory Condos is a completed condominium development by Parallax Development Corporation at 203 College Street in the Baldwin Village neighbourhood of Toronto. The 29-storey project rises 100 metres (328.1 feet) and contains 243 suites. Architecture is by Page + Steele / IBI Group Architects, with interiors by U31. Theory Condos was completed in 2021. Suites range from 526 to 855 sq. ft. The location has a Walk Score of 97 and a Transit Score of 100. At 100 metres, Theory Condos ranks #4 by height among 8 tracked projects in Baldwin Village.
Key Highlights of Theory Condos
ABOUT THEORY CONDOS IN DOWNTOWN TORONTO
Theory Condos is a new condo development in preconstruction at 203 College Street in Downtown Toronto. The project is being developed by Parallax Development Corporation with an estimated completion date of 2020.
✔ Proposed to have a total of 356 mixed-unit condos with a 33-storey tower
✔ Architecture by Page + Steele IBI Group Architects
✔ Also to feature retail space at grade level and 2-storeys of office space
✔ Proposed to have a total of 58 parking spaces below-grade level
ABOUT DOWNTOWN TORONTO
Downtown Toronto is the city’s business hub and is home to the largest number of businesses and skyscrapers. It’s divided into numerous districts and neighbourhoods, including the Financial District, Downtown Yonge (home to the famed “Mink Mile”), St. Lawrence, and the always bustling Entertainment District. The project’s location is also conveniently close to the University of Toronto and the Queen’s Park Subway Station.
✔ Attractions, landmarks, and things to do in and around Downtown Toronto include the AGO (Art Gallery of Toronto), Canon Theatre, Air Canada Centre, historic Osgoode Hall, the Hockey Hall of Fame, Maple Leaf Gardens, St. Lawrence Market, the Royal Ontario Museum, Ricoh Coliseum, Rogers Centre, Princess of Wales Theatre, Elgin and Winter Garden Theatres, Harbourfront Centre, and the Royal Alexandra Theatre
✔ WalkScore of 97/100, TransitScore of 100/100, and BikeScore of 92/100
✔ Nearby transportation options include the 306 and the 506 Carlton at the College Street at St. Georges stop (the new condo project is only a one-minute walk to these stops)
✔ Local and nearby shopping options include the Toronto Eaton Centre, The PATH (underground shopping mall), Yorkville Village, Chinatown Centre, Cambridge Shopping Centre, Manulife Centre, Cumberland Terrace, The Hudson Bay Centre, and Fairview Mall
✔ Restaurant options in and around Downtown include The Elm Street Restaurant, George Restaurant, Pizzeria Libretto, The Keg Steakhouse & Bar Mansion, Carisma, Senator Restaurant, Donatello Restaurant, Beer Bistro, JOEY Eaton Centre, The Hot House, Barberian’s Steak House, The 3 Brewers, House on Parliament, ORO Restaurant, The Carbon Bar, Wildfire Steakhouse Cosmopolitan Hotel, Loblaw’s, El Catrin, Adega, Rasa Restaurant, and Fran’s Restaurant & Bar
ABOUT PARALLAX DEVELOPMENT CORPORATION
Parallax is a Toronto-based real estate development and investment firm with various projects across Canada and the US.
✔ Parallax has completed more than 75 projects including retail, residential condo buildings, office spaces, and other mixed-use projects
✔ Portfolio includes Rowland Heights Plaza & Hotel, 225 Wyecroft Road (Oakville), 540 College Street (Toronto), The Diamond at Don Mills (Toronto), 33 Collier Street, Cachet Village, 180 Duncan Mill Road (Toronto), Sterling Tower, The Grid Condos, Yonge & Wellesley, 93 Bloor Street West (Toronto), and Woodhill Centre
✔ The Parallax team consists of Stafford Lawson (manager for sourcing new real estate development and acquisitions), Nigel Lawson (principal responsible for all development, acquisitions, and construction management), and Michael Binder (responsible for managing all ongoing development projects)
Theory Condos Renderings & Gallery
Theory Condos Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| Suite 01 - 1B | 1 | 1 | 0 | Register for pricing | Sold Out |
| Suite 11 - 2B | 2 | 2 | 0 | Register for pricing | Sold Out |
| Suite 01 - 1B | 1 | 1 | 0 | Register for pricing | Sold Out |
| Suite 12 - 1B+Den | 2 | 2 | 0 | Register for pricing | Sold Out |
| Suite 04 - 3B+Den | 4 | 3 | 0 | Register for pricing | Sold Out |
| Suite 11 - 2B | 2 | 2 | 0 | Register for pricing | Sold Out |
| Suite 07 | 2 | 1 | 526 | Register for pricing | Sold Out |
| Suite 03 | 2 | 1 | 526 | Register for pricing | Sold Out |
| Suite 01 | 2 | 1 | 563 | Register for pricing | Sold Out |
| Suite 09 | 2 | 2 | 570 | Register for pricing | Sold Out |
| Suite 02 | 2 | 2 | 575 | Register for pricing | Sold Out |
| Suite 05 | 2 | 2 | 576 | Register for pricing | Sold Out |
| Suite 08 | 2 | 2 | 683 | Register for pricing | Sold Out |
| Suite 08 | 2 | 2 | 683 | Register for pricing | Sold Out |
| Suite 06 | 2 | 2 | 694 | Register for pricing | Sold Out |
| Suite 06 | 2 | 2 | 694 | Register for pricing | Sold Out |
| Suite 04 | 3 | 2 | 855 | Register for pricing | Sold Out |
| Suite 04 | 3 | 2 | 855 | Register for pricing | Sold Out |
Full Theory Condos floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Theory Condos price list and floor plans.
Location: 203 College Street
Theory Condos is located at 203 College Street, Toronto in the Baldwin Village neighbourhood, Greater Toronto Area.
- Walk Score: 97/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Parallax Development Corporation
Theory Condos is being developed by Parallax Development Corporation, with architecture by Page + Steele / IBI Group Architects and interior design by U31.
See all Parallax Development Corporation pre-construction projects.
How to Buy at Theory Condos
- Register early. Allocation at Theory Condos in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for Theory Condos are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Theory Condos
Budget beyond the purchase price at Theory Condos: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Theory Condos. Confirm each in the current agreement of purchase and sale before you sign.
Theory Condos — Frequently Asked Questions
Where is Theory Condos located?
Theory Condos is located at 203 College Street, Toronto in the Baldwin Village neighbourhood.
Who is the developer of Theory Condos?
Theory Condos is being developed by Parallax Development Corporation.
How much do units at Theory Condos cost?
Pricing for Theory Condos has not been publicly released. Registered buyers receive the price list first.
When is occupancy at Theory Condos?
Estimated occupancy for Theory Condos is 2021-01-01.
How many units are in Theory Condos?
Theory Condos is planned as a 29-storey condo development.
How do I get platinum or VIP access to Theory Condos?
Circle Real Estate provides platinum access to Theory Condos, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for Theory Condos pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-05. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.