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    Peter Street Condos

    101 Peter Street

    11for Sale
    3for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    40
    Number of Units:
    330
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    275 - 949 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Peter Street Condos

    Amenities

    Indoor Parking
    Gym Room
    Bike Storage
    Rooftop Deck
    Concierge
    Guest Suites

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 101 Peter StreetPeter Street Condos

    While all modern buildings should certainly be eco-friendly by this point, not all Toronto condos for sale live up to the task. The Peter Street Condos at 101 Peter Street, however, is one of those buildings that future developers can look to as an example of efficiency and green measures. Built in 2014, Centrecourt Developments Inc. clearly understood the dangers of climate change when designing the Peter Street Condos.

    For example, low E windows (short form for low thermal emissivity), keep heat inside and out of the homes. This allows for all the natural lighting a homeowner could want, without extremely hot living spaces on particularly sunny days. On the flip side, warmth coming from heaters in the winter doesn’t escape as fast through low E windows. In addition, the building also harvests rainwater.

    The high-rise edifice at 101 Peter reaches to 40 storeys, just high enough to make a real impression on downtown Toronto’s skyline. Not only are there 330 residential units in the building, but retail businesses can also be found at ground level — including a Starbucks. A 24-hour concierge is stationed in the lobby, parking is situated underground, and plenty of space is still left for amenities that residents can enjoy.

    The building’s gym is known as the Totem P.S. Club, which not only features top-of-the-line equipment, but also offers free classes for residents. Residents also have access to personal trainers—at an additional charge of course. Diversions are aplenty, including a theatre and a games room, plus a bar, private dining room, and lounge. Those planning to entertain can even set visitors up in the building’s guest suite.

    The Suites

    The suites at 101 Peter Street aren’t expansive, however they are most definitely impressive. and could certainly be classified as luxury condos Kitchens feature quartz countertops, tile or glass backsplashes, and Energy Star appliances, while bathrooms are outfitted with quartz counters, sizeable tubs, porcelain tile flooring, and low-flush toilets. Unsurprisingly, both of these spaces were designed by an award-winning interior design firm, Cecconi Simone.

    The smallest units around 300 square feet, while the largest reach to approximately 800. Layouts range from studio to three bedrooms, some of which also boast private balconies.

    Ceiling heights typically reach to 9 feet, and engineered hardwood flooring can be found throughout the building. Floor-to-ceiling windows allow residents to rely heavily on natural lighting during the daytime, while those who need to cool off during the summer can do so without feeling guilty, thanks to the building’s energy efficient air conditioning system.

    The Neighbourhood

    Residents of 101 Peter have all the benefits of living near the busy intersection of King and Spadina, while having their homes tucked away on a more peaceful side street. The Peter Street Condos also happens to be situated in Queen West right where the Fashion District meets the Entertainment District, making the options for diversion nearly endless.

    While date night might involve a trip to the LCBO and Fresh & Wild Food Market before cooking and watching a movie, residents of 101 Peter are much more likely to be found out and about on the streets below. The TIFF Bell Lightbox is just around the corner, playing independent and international films as well as hosting its namesake film festival each fall. Even live theatre is close at hand: both the Princess of Wales and the Royal Alexandra Theatres are a short walk from home.

    Those looking to spend some time in the great outdoors can easily head down to Lake Ontario. The Martin Goodman Trail is ideal for walking, cycling, or even rollerblading along the balmy shores, while HTO Park and Coronation Park are equally ideal spots for picnics with a view.

    Transportation

    Traveling to and from 101 Peter is simple, thanks to its central locale in the heart of downtown Toronto. Those who prefer to travel by way of public transit can walk one block south to King or two blocks north to Queen Street in order to reach streetcars that head both east and west, 24 hours a day. The quickest route to a subway station involves a 9-minute walk to St. Andrew Station or a 7-minute trip using the King streetcar.

    Drivers are also well equipped to reach any corner of the city; the one-way streets in the immediate area allow traffic to move rather smoothly, while Spadina can be used to reach the Gardiner Expressway.

    From this highway, residents can reach Pearson International Airport in just 20 minutes when traffic is light. Alternatively, travelers heading out of town can book Porter flights from Billy Bishop Toronto City Airport in order to save taxi fare and travel time. Billy Bishop takes approximately 20 minutes to reach via the Spadina streetcar.

    Union Station is also within close reach, accessible via St. Andrew Station. After riding the subway one stop south travelers will find themselves in Toronto’s foremost transportation hub, where they can transfer onto VIA Rail trains, GO buses and trains, or access to UP service to Pearson.

    11

    Listings For Sale

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    3

    Listings For Rent

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    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!

    Demographics

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

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Peter Street Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value Rank

    Peter Street Condos offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    Peter Street Condos has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    Peter Street Condos yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    Peter Street Condos is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 101 Peter Street

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$560,000 - $612,000$688,000$842,000 - $940,000
    Avg. Cost Per SqftNo Data$1,180$1,141$1,194
    Avg. Wait for Unit Availability70 Days23 Days55 Days59 Days
    Ratio of Units in Building14%46%23%20%

    Maintenance Fees

    Peter Street Condos vs The Queen West Area

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