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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 87 Peter Street
87-peter-street-toronto-ontario-c12138646
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  • Sold Sold in Sep 2025
  • Condo Apt

1417 - 87 Peter Street

Toronto, Waterfront Communities C1
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
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Sold Price: $ 525,000
4.55%
Listed Price: $ 550,000
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Key Facts About 1417 - 87 Peter Street, Toronto

  • Tax $2,604 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $483.51
  • Building Age 6-10
  • Size 600 - 699 feet²
  • Listing # C12138646
  • Data Source PROPTX
  • Days on Market 142
  • Listed On 09/05/2025
  • Updated On 30/09/2025
  • Market Demand
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Description

In the heart of the entertainment district, 87 Peter distinguishes itself with the Menkes name, renowned builder for over 70 years. Praised for efficient management, reflected in its low maintenance fees and a helpful concierge team, 87 ensures smooth operation and upkeep of its amenities, including a gym, sauna, theatre room, and pet spa. This south facing 600 square foot unit has an open concept one plus den layout, perfect for a home office or separate dining room. Check out this gem today!

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Property Details of 1417 - 87 Peter Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 4
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 600 - 699 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Bike Storage, Community BBQ, Concierge, Gym, Sauna
  • Building Age 6-10

Parking

  • Drive Way None
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street King/Peter

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Our Estimate

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Estimated Rent

$ 2,724

Rental Yield

4.96%

School Score

7.6/10

Rental Score

4.5/5

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,053

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $484
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1417 - 87 Peter Street, Toronto

Nestled in the vibrant heart of the entertainment district, the apartment for sale in Toronto at 87 Peter Street, Toronto, is a remarkable opportunity for those seeking a modern living space in a prime location. This condo apartment, constructed by the esteemed Menkes, a builder with a legacy spanning over 70 years, is a testament to quality and thoughtful design. With a strong reputation for efficient management, this building boasts low maintenance fees and a dedicated concierge team, ensuring that residents enjoy a seamless living experience.

The apartment for sale in Toronto features a well-designed layout, encompassing 600 square feet of living space. The unit is south-facing, allowing for an abundance of natural light to flood the open concept living area. With one bedroom and an additional den, this space is ideal for those who require a home office or a separate dining area. The den adds versatility to the apartment, making it a perfect fit for various lifestyles. The unit comprises a total of four rooms, including the kitchen, which is equipped to meet all your culinary needs.

At 87 Peter Street, Toronto, residents will find a range of amenities that enhance the living experience. Although there is no pool or fireplace within the unit, the building compensates with a well-equipped gym, a sauna for relaxation, a theatre room for entertainment, and a pet spa for furry companions. These features contribute to a community atmosphere that is both welcoming and engaging, despite the absence of a family room or central vacuum system.

The apartment for sale in Toronto is unfurnished, allowing new owners to personalise their space according to their tastes and preferences. The central air conditioning ensures comfort throughout the year, while the forced air heating system provides warmth during the colder months. While there are no additional land or garage spaces included with this property, the strategic location of 87 Peter Street, Toronto, means that residents have easy access to public transport and local amenities, making it a highly convenient choice for urban living.

Moreover, the building is relatively young, with an age of 6-10 years, which means that residents can expect modern fixtures and fittings throughout the apartment. Although the unit does not feature a basement, the thoughtfully designed layout maximises the available space, making it feel open and inviting. The absence of a sewer and water connection may raise questions, but the building is well-integrated into the urban infrastructure of Toronto, ensuring that all essential services are readily available.

In summary, the apartment for sale in Toronto at 87 Peter Street, Toronto, is an exceptional opportunity for those looking to immerse themselves in the dynamic lifestyle of the entertainment district. With its strategic location, efficient management, and a host of amenities, this condo apartment stands out as a desirable choice for both first-time buyers and seasoned investors alike. Don't miss your chance to explore this gem today, as it perfectly encapsulates modern urban living in one of Toronto's most sought-after communities.

Whether you are looking for a stylish home or a lucrative investment, this apartment for sale in Toronto is worth considering. With its prime location and impressive features, 87 Peter Street, Toronto, is sure to attract attention. Seize the opportunity to make this exceptional property your own and enjoy everything that city living has to offer.

Waterfront Communities C1 is a vibrant and dynamic area in the heart of Toronto, nestled along the shores of Lake Ontario. This picturesque neighbourhood boasts a stunning blend of modern architecture and green spaces, offering residents a unique urban lifestyle with breathtaking waterfront views. With a plethora of amenities, including trendy restaurants, boutique shops, and cultural attractions, it is an ideal locale for those who appreciate the convenience of city living combined with the serenity of nature. The area is well-connected by public transport, making it easy to explore the rest of Toronto, while the scenic waterfront parks provide a perfect escape for outdoor enthusiasts. Whether you're seeking a lively social scene or a peaceful retreat by the water, Waterfront Communities C1 has something for everyone.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Ogden Junior Public School, just 0.4 km away, offering grades JK to 6 with a school rating of 6.7. Jean Lumb Public School, located 0.8 km from the property, serves grades JK to 8, although it currently has no rating. For older students, Kapapamahchakwew - Wandering Spirit School (1.2 km away) provides education for grades 9 to 12, but it also lacks a rating. Ryerson Community School, 1.0 km from the property, offers a French curriculum for grades JK to 8, with a rating of 4.6. St. Mary Catholic School, located 1.0 km away, caters to grades JK to 8 and has a rating of 5.9, while St. Joseph's College School, 2.0 km away, serves grades 9 to 12 and boasts a higher rating of 7.2. Overall, the area offers a mix of public and Catholic schools with varying ratings and educational levels, providing families with ample choices for their children's education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 5,092 residents, with an average household size of 1.5 individuals. The demographic profile reveals a youthful community, with an average age of 31.2 years. The average household income stands at $102,800, although 13.8% of the population is classified as low-income. Housing is predominantly in the form of condominiums, comprising 99.01% of the local real estate market, with an average property price of $756,000. The community is characterized by a significant proportion of single individuals, making up 64.71% of the population, and a relatively small percentage of households with children at 15.73%. Immigrants constitute a notable 43.14% of the population, contributing to the area's cultural diversity. Additionally, a substantial majority of residents, 65.92%, are renters, indicating a dynamic rental market. The educational attainment is high, with 88.7% of residents holding a college or university degree, while 10.59% are not in the labor force. This combination of factors paints a picture of a vibrant, youthful, and educated community with a diverse demographic landscape.

FAQs About 1417 - 87 Peter Street, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 600 - 699.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 87 Peter Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $483.51.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1417 - 87 Peter Street, Toronto

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Listing History

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