87 Peter
2Listings for Salefor Sale
5Listings for Rentfor Rent
87 Peter St
87 Peter
87 Peter Stexpand addresses list
    2Listings for Salefor Sale
    5Listings for Rentfor Rent
    Walk Score
    100
    Transit Score
    100
    Bike Score
    75
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Menkes
    Condo Completion
    2017
    Property Management
    MenRes Property Management
    Unit Size Range
    291 - 996 SQFT
    Number of Units
    550
    Number of Storeys
    49

    87 Peter St | 87 Peter | Toronto, ON

    About this condo

    Condo Overview

    Developed by Menkes, 87 Peter St is a sleek high-rise in the desirable King West neighbourhood. In addition to an incredible location, this building has an extensive list of amenities that rivals any condo development in the city: gym, sauna, water spa, hot tub, coed steam room, massage beds, billiards room, party room, theatre lounge, and more — yes, more amenities.

    This property is ideal for people who work in downtown Toronto and want to spend as little time as possible commuting. Considering its proximity to the Entertainment District, access to TTC, and convenient location in King West — this condo will be a shining example of condo living for a long time.

    The Suites

    There are 550 units in this 49-storey condominium. Units follow a variety of layouts for 1 bedroom, 2 bedroom and 3 bedroom condos. All suites are open-concept and maximize living space, sizes range from 454 to roughly 1000 square feet.

    Finishes vary depending on unit but expect floor to ceiling windows, hardwood floors, stainless steel appliances, 9 and 10 foot ceilings, and executive finishes.

    Demand is high at 87 Peter, so if you're looking to land one of these King West condos for sale then you should expect some competition.

    The Neighbourhood

    King West is a prized location in Toronto and one of the best for urban living. With a condo at 87 Peter you are within walking distance of Toronto’s most famous attractions — CN Tower, Ripley’s Aquarium of Canada, Rogers Centre — not to mention some of the trendiest restaurants and nightlife.

    Dining out is a breeze in this neighbourhood with fantastic choices like Le Sélect Bistro, Jacobs & Co Steakhouse, Pizzeria Libretto, the Keg, or Montecito for vegetarian options. For coffee, there is nearby Starbucks, Tim Hortons, Quantum Coffee, The Coffee Lab and so many more — there really are too many options for caffeinated beverages to name them all.

    You’ll likely find a new favorite watering hole with so many cozy pubs nearby; there are also lively options like SPIN Toronto, The Addisons Residence, and Chill Ice Lounge. For Beer fans — WVRST and Bar Hop Brewco are can’t miss locations. And if that is not enough to satisfy you, it's just a short walk to Liberty Village for trendy bars, or a short stroll to the Entertainment District will have you immersed Toronto's nightlife.

    87 Peter has a lot of offer for sheer convenience as well; for groceries there is an Independent Market 2 minutes north on Peter, and a Fresh and Wild Food Market on Spadina. Plus, a host of stores within walking distance like LCBO, HomeSense and Dollarama. If you’re in need of a little green space, then you have some excellent parks to choose from; Clarence Square Park, Simcoe Park, and David Pecaut Square are all less than 5 minutes from your front door.

    Transportation

    King West is a very pedestrian-friendly area — residents of 87 Peter can easily accomplish their errands without a vehicle of public transit.

    TTC riders have a bus stop just outside of their building and streetcar service on King, connecting to the TTC network and subway service.

    For drivers, you have a short commute from your parking garage to the Gardiner Expressway via Spadina Avenue, and from there you can connect to the Don valley parkway and QEW.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    5

    Listings For Rent

    Interested in receiving new listings for rent?

    Amenities

    Rooftop Deck/Garden
    Media Room
    Sauna
    Gym
    Recreation Room
    Party/Meeting Room
    Guest Suites
    Visitor Parking
    Games Room
    Concierge
    BBQ

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    87 Peter vs The King West Area

    $262.00
    More Expensive
    per SQFT compared to the neighbourhood average
    87 Peter's Avg
    price per SQFT
    $1,287
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,025
    / SQFT

    Building Trends At 87 Peter

    Days on Market

    Units at 87 Peter spend an average of
    15
    Days on Market
    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

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 91 condos in the King West area

    Sold Units

    37
    Units were Sold over the past twelve months

    Rented Units

    291
    Units were Rented over the past twelve months

    Best Value

    87 Peter offers the
    ?
    best value out of 91 condos in the King West neighbourhood

    Return on Investment

    87 Peter has the
    ?
    highest ROI out of 91 condos in the King West neighbourhood

    Rental Yield

    87 Peter yields the
    ?
    highest rent prices out of 91 condos in the King West neighbourhood

    High Demand

    87 Peter is the
    ?
    most popular building out of 91 condos in the King West neighbourhood

    Sales vs Rental Values For This Condo

    Studio291 - 538 SQFT
    Average Cost Per Sqft$1,447
    Sales Price Range$434,000 - $515,000
    Rental Price Range$1,300 - $1,750
    1 Bed318 - 650 SQFT
    Average Cost Per Sqft$1,270
    Sales Price Range$535,000 - $668,000
    Rental Price Range$1,500 - $2,250
    1 Bed + Den500 - 649 SQFT
    Average Cost Per Sqft$1,255
    Sales Price Range$615,000 - $785,000
    Rental Price Range$1,600 - $2,300
    2 Bed600 - 949 SQFT
    Average Cost Per Sqft$1,064
    Sales Price Range$620,000 - $980,000
    Rental Price Range$1,800 - $3,800
    3 Bed749 - 996 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,800 - $3,800

    How Often Are Units Listed?

    Studio291 - 579 SQFT
    Average Sales Availability
    Every74Days
    Average Rental Availability
    Every10Days
    Ratio of Unit Type in Building14%
    1 Bed318 - 650 SQFT
    Average Sales Availability
    Every24Days
    Average Rental Availability
    Every3Days
    Ratio of Unit Type in Building54%
    1 Bed + Den500 - 649 SQFT
    Average Sales Availability
    Every52Days
    Average Rental Availability
    Every6Days
    Ratio of Unit Type in Building21%
    2 Bed600 - 949 SQFT
    Average Sales Availability
    Every61Days
    Average Rental Availability
    Every14Days
    Ratio of Unit Type in Building11%
    3 Bed749 - 996 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every59Days
    Ratio of Unit Type in Building3%

    Maintenance Fees
    87 Peter vs The King West Area

    $0.08
    Less Expensive
    per SQFT compared to the neighbourhood average
    87 Peter's Avg
    monthly maintenance
    fee per SQFT
    $0.64
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.72
    / SQFT

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