3 hours on Market

87 Peter St #1005, Toronto, Ontario M5V 0P1

In the same building:
-
Condo
1
1
~500-599 sqft
$479,000
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$879/sqft

Est. Mortgage$2,057/mo

Maintenance fees$427/mo

Tax Amount (2024)$2,196/yr

Days On Market3 hours


Description

Welcome to 87 Peter Street, a stylish condo by trusted builder Menkes, nestled in the heart of Toronto's vibrant Entertainment District. This 1-bedroom, 1-bath unit offers a functional 530 sq ft layout with no wasted space and modern finishes throughout. Enjoy an unbeatable downtown lifestyle with a perfect Walk Score of 100, steps to world-class dining, theatres, nightlife, the Financial District, and transit. Residents enjoy access to premium amenities including a 24-hour concierge, fitness center, yoga studio, steam room, theatre lounge, party room, outdoor terrace with BBQs, and guest suites. Ideal for first-time buyers or smart investors looking for a prime downtown location.


Property Details

StyleApartment
View-
Age of property6-10
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12149901
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX CROSSROADS REALTY INC.

Features

Heating: Fan Coil
Cooling: Central Air

Main Floor

Kitchen

1.67 x 2.41

Combined W/Dining / Stainless Steel Appl / Granite Counter

Dining

1.6 x 2.41

Combined W/Kitchen / Open Concept / West View

Living

3.62 x 4.14

West View / Open Concept / Juliette Balcony

Primary

2.47 x 3.32

Large Closet / Large Window / Laminate


Features

Patio: Jlte
Balcony: Jlte

10Story
Amenities

Concierge, Exercise Room, Recreation Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 15, 2025
ListedActive
$479,000
3 hours on market
history photo preview25
Listing by trreb®
Property listed by RE/MAX CROSSROADS REALTY INC., Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2024

31 days

2023

22 days

2022

14 days

New Listings

Past 30 days

282 listings

Compared to

2024

326 listings

2023

181 listings

2022

235 listings

Units sold

Past 30 days

53 units

Compared to

2024

75 units

2023

95 units

2022

95 units

Median Sold Price

Past 30 days

$700,000

Compared to

2024

$727,000

2023

$707,000

2022

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget