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Theory Condominiums

203 College St, Downtown

Features

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Price/Sqft Range

600 sqft - 699 sqft

Avg Price/Sqft

$1,570 / sq. ft.

Completed

Built: 2021

Building Scale

Floors: 30 | Total Units: 243

Building Details

Building Type

High-Rise condo

Property Management

Built in 2021

Condo Corp

TSCC-2856

Date Registered

Jun 16, 2021

Maintenance Fees Include

Common Element

Building Insurance

Water

Description

About Theory Condominiums

  • Address: 203 College St, Toronto
  • Neighbourhood: Kensington-Chinatown / Grange Park
  • Storeys: 30
  • Units: 243
  • Built Year: 2021
  • Builder: Parallax Development Corporation
  • Building Type: High-Rise Condo
  • Suite Sizes: 400 sq. ft. to 1,133 sq. ft.
  • Average Price: $1,125 / sq. ft.

Overview of Theory Condominiums

Theory Condominiums is a high-rise development completed in 2021 at the intersection of College St and Beverley St. The 30-storey tower serves Toronto's academic corridor.

The project is a new construction rather than a conversion of an existing structure. The glass and steel façade is designed to integrate with the surrounding University of Toronto campus environment.

The structure contains 243 units, providing high-density housing within the Grange Park neighbourhood and utilizing current construction standards and design principles.

Suite Sizes & Value

Floor plans range from 400-square-foot units to 1,133-square-foot residences, accommodating both single occupants and those requiring multi-bedroom configurations.

Units maintain an average market value of $1,125 / sq. ft. Monthly maintenance fees are approximately $1.06 per square foot.

Maintenance fees cover water and the upkeep of all common elements and shared facilities. This fee structure ensures the building's standards are maintained for all residents.

Building Amenities & Features

  • Concierge services
  • Secured underground parking
  • Fitness centre
  • Media room
  • Meeting room
  • Party room
  • BBQ permitted area
  • Bike storage
  • Visitor parking

Location Highlights

  • Walk Score: 98
  • Transit Access: Access to the College St at St George St bus stop and Queens Park TTC Station. The Gardiner Expressway is accessible for motorists.
  • Education: Located across from the University of Toronto St. George Campus and near Braemar College.
  • Parks: Proximity to Grange Park, Huron Street Garden, Glasgow Street Parkette, and Julius Deutsch Park.
  • Landmarks & Culture: Near the Art Gallery of Ontario, Chinatown Centre, Bau-Xi Gallery, and the Ontario Museum Association.

Lifestyle Near Theory Condominiums

The location serves a demographic of students, faculty, and professionals. The area is defined by its proximity to major academic and cultural institutions.

Residents have access to the dining options in Chinatown and the galleries surrounding the Art Gallery of Ontario. The University of Toronto campus provides open space and pedestrian routes.

The neighbourhood is highly walkable. Essential services, transit, and parkettes are located within the immediate vicinity of the building.

About the Developer

Theory Condominiums was developed by Parallax Development Corporation. The firm specializes in high-density residential projects in strategic urban locations, specifically within Toronto's professional and academic nodes.


Building Sales History

Jun 2026 — 2 Listed | 0 Sold

44 days on market

MLS® # C13037344

Jun 6, 2026

Terminated

Apr 23, 2026

Listed For Sale

$988,000

92 days on market

MLS® # C13038892

Jun 4, 2026

New

Apr 24, 2026

Listed For Sale

$780,000
Apr 2026 — 2 Listed | 1 Sold

28 days on market

MLS® # C12871600

Apr 9, 2026

Sold

Mar 11, 2026

Listed For Sale

$688,000

128 days on market

MLS® # C12570600

Apr 1, 2026

Expired

Nov 24, 2025

Listed For Sale

$1,020,000

Kensington-Chinatown Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.