Two-tower addition to Daniels’ revitalization project sees a mix of condos and rental units
10 January 2026 | Adam Bisby
When Daniels on Parliament launched sales more than two years ago, it did so as a conventional condo project. But as Toronto’s pre-construction market slowed, The Daniels Corporation converted roughly 200 of the 617 suites into managed rental units, a move that reshaped the two-tower project’s tenure mix and aligned it with shifting housing demand in Regent Park.
As construction nears completion, and with move-ins scheduled for January, Daniels president Jacob Cohen describes the pivot as market-responsive. “It was absolutely based on feedback and demand,” he says, noting the strong performance of EVOLV, Daniels’ earlier market-rental building in Regent Park.
Another factor, he adds, was recognizing that many condo owners would have rented out their units any-way. To avoid a prolonged sales cycle, Daniels opted to lease the units through Daniels Gateway Rental Communities, its property management arm. “This will actually breathe life into the building,” Cohen says, by allowing for expedited occupancy, a more diverse resident base, and consistent service for both renters and owners.
Set on the southeast corner of Parliament and Gerrard, Daniels on Parliament consists of a 25-storey South Tower and a 13-storey North Tower connected by a shared podium. Designed by the architects at Toronto-based Superkül, the towers were conceived as a “building in the round,” Cohen says, with their articulated facades enclosing a second-floor landscaped courtyard. Exterior materials such as brick inlay and precast concrete, he adds, allow the development to sit comfortably between Regent Park’s contem-porary architecture and the historic character of neighbouring Cabbagetown.
Inside the suites, the design follows a contemporary esthetic. Features and finishes include engineered flooring, neutral-toned countertops, and integrated or panelled appliances. Many layouts emphasize nat-ural light and functional flexibility, particularly in split-bedroom two-bedroom units, which Cohen explains were developed with students and shared households in mind. “When designing our two-bed-room units, we made sure the bedrooms were split so people can share the rent but still have privacy.”