Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Harbourfront-CityPlace
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15 Iceboat Terr & 10 Capreol Crt, Toronto
Built
2011
Storeys
39
Suites
835
Developer
Concord Adex
Corporation
TSCC-2157
Walk Score
98
Free · about 45 seconds · no obligation
What is your unit at Parade Condos worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 510Spadina Ave at Bremner Blvd510 Spadina streetcar0.3 km
- 63OssingtonTTC bus1.1 km
- 29DufferinTTC bus1.2 km
- 1St Andrew stationLine 1 Yonge–University1.2 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.4 km
- UPUnion stationUP Express · Pearson to Union1.4 km
- 114Queens Quay EastTTC bus1.5 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–8
Jean Lumb Public School
20 Brunel Crt Unit 2, Toronto
0.3 km · ~5 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.7 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
0.3 km · ~5 min walk
Nearest, confirm zoning
Catholic elementary
St Mary Catholic Elementary School
0.9 km · ~14 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
2.7 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
1.9 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Parade Condos actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 8 | $518,650 | 82 | $2,400/mo |
| 2 bed | 11 | $699,000 | 25 | $3,100/mo |
| 3 bed + | 2 | too few | 2 | too few |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Parade Condos
Do mostly owners or renters live here?
Renter-heavy building. Of 258 deals here in the last 24 months, 213 were leases and 45 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Parade Condos?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Parade Condos
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
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Know the moment a unit at Parade Condos lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Japanese
Nome Izakaya
Steps away
Restaurant
Roses New York Restaurant
Steps away
Ramen
Sansotei Ramen
Steps away
Coffee
Tim Hortons
0.2 km · ~3 min walk
Italian
Bello! Italian Sandwich Co.
0.2 km · ~3 min walk
Japanese
Japan Taco
0.2 km · ~3 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Northern Linear Park
- Canoe Landing
- Draper Park
Nearest grocery
Farm Boy
0.4 km · ~6 min walk
Prices: TRREB MLS® System aggregate medians for 15 Iceboat Terr & 10 Capreol Crt, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Parade is the CityPlace building with the bridge in the sky. The 39-storey tower at 15 Iceboat Terrace is joined to its taller twin by a two-storey bridge near the top, a design by the New York firm Kohn Pedersen Fox. It sits at the head of Canoe Landing Park, and it is one of the better-value ways into CityPlace if you pick the right suite. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Parade is an 835-suite condominium at 15 Iceboat Terrace and 10 Capreol Court in the Harbourfront-CityPlace area of downtown Toronto, at the north end of Canoe Landing Park between Spadina Avenue and Bathurst Street. Its main tower is 39 storeys. It was developed by Concord Adex and designed by Kohn Pedersen Fox. The condominium corporation is TSCC-2157, registered on 27 May 2011, and the towers were completed between 2012 and 2013. Elite Property Management is the listed property manager. Maintenance fees include common elements, heat, air conditioning, water and building insurance.
Parade Condos at a glance
Two towers and a bridge
Parade was one of the last large Concord Adex projects at CityPlace. The complex has four buildings: two towers of 39 and 44 storeys, and lower buildings of 18 and 22 storeys below them. This building, Parade, is the 39-storey tower at 15 Iceboat Terrace together with the building at 10 Capreol Court. Parade Two, at 21 Iceboat Terrace and 151 Dan Leckie Way, is the 44-storey tower next door and a separate condominium.
The signature feature is the two-storey bridge that joins the two towers at about the 28th and 29th floors. UrbanToronto reported in May 2012 that both towers had topped off, lower floors were already occupied, and the bridge was on site waiting to be lifted into place that summer.
The towers were designed by Kohn Pedersen Fox, the New York firm also behind the Ritz-Carlton Residences on Wellington Street. UrbanToronto’s project record lists Page + Steele / IBI Group among the related firms without saying what role they played, which suggests a local architect-of-record arrangement. I treat KPF as the design architect.
The bridge is more than decoration on the skyline. It is what makes Parade instantly recognisable from the Gardiner and the waterfront, and that recognisability helps on resale. Ask which corporation owns and maintains it, and what it is used for today.
Suites: plenty of small units, some real family sizes
With 835 suites, Parade has a lot of choice. Suites run from about 398 to 2,027 sq ft on Condos.ca, so the building holds everything from compact studios and one-bedrooms to a small number of large suites.
Most of what trades is one-bedroom-plus-den and two-bedroom stock. Active listings in October 2026 were all one-plus-dens and two-bedrooms in the 600 to 799 sq ft range, with several two-plus-dens. A two-plus-den at under 800 sq ft is a common CityPlace layout, and it works for a couple with a home office. It is tight for a family.
Look closely at which building and which face a suite is on. Upper suites facing south look over Canoe Landing Park toward the Gardiner and the lake, the east side looks toward the CN Tower, and the north side faces the rail corridor. In a complex this dense, a neighbouring tower can be closer than you expect, so stand at the window before you decide.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
What the fee covers, and what it doesn’t
Condos.ca lists the fee as covering common elements, heat, air conditioning, water and building insurance. Hydro is billed separately, and parking is not listed in the fee, so a suite with parking will usually carry an extra monthly amount for the space.
Active listings worked out to roughly $0.96 per square foot in fees. That is in line with other CityPlace towers of this age with a pool and a full amenity package, and it is lower than older bulk-metered towers such as Matrix, where hydro is bundled in.
With 835 suites, major repairs are spread across a lot of owners, which is helpful. The bridge, the pool and the size of the mechanical systems are not small items, though. Read the reserve fund study, and ask whether Parade and Parade Two share any facilities or costs under a shared facilities agreement, because in a connected complex that can affect your fee.
At the head of Canoe Landing Park
Parade sits at the north end of Canoe Landing Park, the eight-acre park at the centre of CityPlace, designed with artist Douglas Coupland. Few downtown condos have a park this size outside the front door.
Fort York Boulevard and the CityPlace shops are steps away, the Spadina streetcar is a short walk east, and the Puente de Luz footbridge crosses the rail corridor to the north toward King West. The Gardiner runs along the south edge of CityPlace, so traffic noise is part of the picture for lower south-facing suites.
CityPlace has also matured around Parade. When the tower was being built, much of the surrounding land was still empty; now the community centre and the shops along Fort York Boulevard are part of daily life, and the last remaining CityPlace sites are being finished, so the construction nearby is winding down rather than ramping up.
Transit, schools, Walk Score and nearby parks are in the data panel on this page.
Pricing context
Condos.ca puts the building average at about $835 per square foot. That is close to Parade Two next door at about $822, a little below Montage at about $880 and Apex at about $859, and above Matrix on Front Street at about $805. For a 2012-era tower with a pool and a park at the door, I think that is fair.
In October 2026, five suites I reviewed were asking between $465,000 and $750,000, from one-plus-dens to two-bedroom and two-plus-den plans, with fees from about $570 to $750 a month. Another listing at a much lower price appeared to be a parking or locker sale rather than a suite, so I left it out. There were also 15 suites for lease, a sign of how active the rental market is here.
With this many comparables, pricing a suite here is more precise than in a small building. For the aggregate sold record at this address, ask for my building sold report.
Building specifications
| Building name | Parade |
| Address | 15 Iceboat Terrace and 10 Capreol Court, Toronto |
| Developer | Concord Adex |
| Architect | Kohn Pedersen Fox (design); Page + Steele / IBI Group also involved |
| Storeys | 39 (main tower) |
| Total suites | 835 |
| Condo corporation | TSCC-2157 |
| Registered | 27 May 2011 |
| Completed | 2012 to 2013 |
| Property management | Elite Property Management |
| Suite sizes | Approximately 398 to 2,027 sq ft |
| Maintenance fees | About $0.96 per sq ft on October 2026 listings |
| Fees include | Common elements, heat, air conditioning, water and building insurance |
| Not included | Hydro and parking (not listed as included) |
Amenities at Parade Condos
Condos.ca confirms a concierge, a gym and an indoor pool. That is the core of what most buyers want, and with a park at the door, outdoor space is covered too; tour the full amenity floor to see what else is included.
Jatin’s honest take on Parade Condos
Who this building suits
First-time buyers and young couples who want CityPlace, a pool and a park at the door at a reasonable price per square foot. It also suits investors, given the depth of the rental market here, and dog owners who will value Canoe Landing Park, subject to the building’s pet rules.
What I’d want you to check
Read the reserve fund study, and ask about any shared facilities arrangement with Parade Two and what the bridge costs to maintain. Confirm parking and locker and their monthly charges. Check what is around the suite: the north side faces the rail corridor, the south side looks toward the Gardiner, and neighbouring towers are close.
The value question
At about $835 a square foot, Parade is priced in the middle of CityPlace, and I think it is fair for what you get: a pool, KPF architecture, a large park and a deep pool of comparables. The best value is in the mid and upper floors facing the park. The weakest is in lower suites facing the tracks or a neighbouring tower, where you pay CityPlace prices without the CityPlace views.
Free building report: Parade Condos
Send me your email and I’ll put together a current report on Parade Condos — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Parade Condos — frequently asked questions
Who designed Parade?
Kohn Pedersen Fox, the New York firm that also designed the Ritz-Carlton Residences in Toronto.
Who developed Parade?
Concord Adex, as part of its CityPlace master-planned community.
What is the sky bridge at Parade?
A two-storey bridge joining the Parade tower to the Parade Two tower at about the 28th and 29th floors. It was installed in 2012, after both towers had topped off.
What is the difference between Parade and Parade Two?
Parade is the 39-storey tower at 15 Iceboat Terrace and 10 Capreol Court. Parade Two is the 44-storey tower at 21 Iceboat Terrace and 151 Dan Leckie Way, a separate condominium.
How many suites does Parade have?
835 suites, from about 398 to 2,027 sq ft.
When was Parade built?
The corporation, TSCC-2157, was registered on 27 May 2011, and the towers were completed in 2012 and 2013.
What do the maintenance fees include?
Common elements, heat, air conditioning, water and building insurance. Hydro and parking are not listed as included.
Does Parade have a pool?
Yes, Condos.ca lists an indoor pool, along with a gym and concierge.
Who manages Parade?
Condos.ca lists Elite Property Management.
What park is next to Parade?
Canoe Landing Park, the eight-acre central park of CityPlace, sits directly south of the building.
How much do condos at Parade Condos sell for?
Over the last 12 months the median resale at Parade Condos was $650,000, across 21 sales. The typical unit sold in 23 days at about 97% of the asking price. That works out to roughly $838 per square foot.
How much is rent at Parade Condos?
The median lease at Parade Condos over the last 12 months was $2,500/mo, from 109 leases. Units typically leased in 13 days.
What does each unit type cost at Parade Condos?
Over the last 24 months: One-bedrooms sold for a median $518,650 and rented for $2,400/mo; Two-bedrooms sold for a median $699,000 and rented for $3,100/mo. Each median uses three or more deals.
Are prices at Parade Condos up or down since 2022?
Down about 22%. The median sold price per square foot was $1,071 in 2022 and $838 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Parade Condos offer an investor?
At a median price of $650,000 and a median rent of $2,500 a month, the gross yield is about 4.6%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Parade Condos?
Mostly renters. Of the deals here in the last 24 months, 83% were leases and 17% were sales.
Can you Airbnb a unit at Parade Condos?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 30 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Parade Condos had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Parade Condos zoned for?
For TDSB public schools, the address is zoned for Jean Lumb Public School (Elementary, JK–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to Parade Condos?
The nearest subway is St Andrew station (Line 1 Yonge–University), 1.2 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.4 km; UP Express runs from Union station, 1.4 km; the 510 Spadina streetcar stops 0.3 km away; the closest bus is the Ossington (TTC bus). Distances are straight-line from the building.
What is the Walk Score of Parade Condos?
Walk Score 98, Transit Score 98 and Bike Score 96. Most daily errands can be done on foot.
What restaurants and shops are near Parade Condos?
Within about a 10-minute walk: Nome Izakaya (Japanese), Roses New York Restaurant (Restaurant), Sansotei Ramen (Ramen), Tim Hortons (Coffee), Bello! Italian Sandwich Co. (Italian). The closest grocery store is Farm Boy, 0.4 km away.
What is my unit at Parade Condos worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Parade Condos lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Parade Condos, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.