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    1712 - 87 Peter St

    For SaleNoir Residences
    5.0
    $499,900
    1 Bed
    1 Bath
    0 Parking
    500 - 599 SQFT
    9 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $392/mth
    Taxes:
    $2,354 (2024)
    Cost Per Sqft:
    $835 - $1,000/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    January 15, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Windows Floor to Ceiling
    9.25 x 13.16ft
    Dining
    Laminate, Combined with Kitchen, Open Concept
    9.32 x 12.17ft
    Kitchen
    Laminate, Stone Counter, Built-in Appliances
    9.32 x 12.17ft

    About this Listing

    87 Peter is a spectacular condominium that sets the standard for downtown living built by Menkes. It is in a prime location in the heart of Toronto's Entertainment district, steps from King, Spadina Streetcars and University Subway line. Close to the trendiest restaurants, Rogers, TIFF, David Pecaut Square, CN tower, groceries, banks, LCBO and public transits. 10 minutes walk to Financial District, Chinatown, Waterfront, Queen West and more. 87 Peter is well equipped to run its building and its amenities like the gym, sauna, yoga room, outdoor garden terrace, party room and pet spa with the high standards it was meant to be run. The unit, possessing floor to ceiling 9 feet windows and stylish rolling shades, allow for all the glorious Eastern exposure light to creep in through the neighbouring high-rise buildings through its large expansive windows, offering you a no-nonsense proper square bedroom with a big window. This open concept 1 bedroom unit features high-end finishes, plenty of natural light and brand new painting. 87 Peter boasts top-notch amenities providing you with the ultimate urban living experience.

    ExtrasModern kitchen with stone countertop. Built-In appliances including Fridge, Cooktop, oven, microwave, dishwasher and range. Stacked washer & dryer. All ELFs and existing window shades. (Brand new painting and roller shades in the bedroom.)

    realty associates inc.MLS® #C11902522


    Amenities

    Visitor Parking
    Rec Room
    Party Room
    Sauna
    Guest Suites
    Games Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Noir Residences vs The King West Area

    Days on Strata

    Units at Noir Residences spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    131
    Units were Rented over the past twelve months

    Best Value Rank

    Noir Residences offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Noir Residences has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Noir Residences yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Noir Residences is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Transaction Insights at 87 Peter Street

    Studio1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$407,000 - $515,000$505,000 - $608,000$537,500 - $620,000$835,000 - $850,000No Data
    Avg. Cost Per Sqft$1,142$1,169$1,068$1,128No Data
    Avg. Wait for Unit Availability83 Days31 Days75 Days94 DaysNo Data
    Ratio of Units in Building14%53%21%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in King West