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    Toronto / Downtown / King West

    2205 - 87 Peter St

    For SaleNoir Residences
    $494,888
    Studio
    1 Bath
    0 Parking
    397 SQFT
    104 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $309/mth
    Taxes:
    $1,686 (2024)
    Cost Per Sqft:
    $1,247/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    August 1, 2024
    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
    Open Concept, Walkout To Balcony, Laminate
    0 x 0ft
    Dining
    Combined with Kitchen, O/Looks Living, Laminate
    0 x 0ft
    Kitchen
    Combined with Dining, Built-in Appliances, Backsplash
    0 x 0ft

    About this Listing

    Location! Location! Location! Welcome To Noir Residences @ 87 Peter St. By Menkes Located In The Heart Of Entertainment District. Steps To TIFF, Theatres, TTC, Subway (St. Andrew Station), PATH(Pedestrian Walkway System), Restaurants, Entertainment, Rogers Centre, CN Tower, Waterfront, Shopping & Union Station. This Sun Filled Studio Has A Spacious & Functional Layout With An Unobstructed West View On The 22nd Floor & Imagine Sitting On The Balcony Watching The Sun Set Every Night. Great Investment Opportunity, Suite Is Currently Tenanted To A A+++ Tenant For $2,100/Mth. Plus Hydro Since Nov 1, 2020, Lease Expires Oct 31, 2024.

    ExtrasEuropean Style Designer Kitchen-Range/Fridge/Dishwasher/Microwave, Caesarstone Countertop, Backsplash, Washer & Dryer. Floor To Ceiling Windows, 9ft Ceilings & Marble Countertop In Bathroom. State Of The Art Amenities & 24hr Concierge.

    re/max expertsMLS® #C9054989

    Amenities

    Concierge
    Party Room
    Rec Room
    Rooftop Deck
    Media Room
    Sauna

    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%

    Price Trends

    Maintenance Fees

    Noir Residences vs The King West Area

    Building Trends At Noir Residences

    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

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    135
    Units were Rented over the past twelve months

    Best Value Rank

    Noir Residences offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Noir Residences has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Noir Residences yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Noir Residences is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 87 Peter Street

    Studio1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$405,000 - $515,000$505,000 - $608,000$537,500 - $610,000$835,000No Data
    Avg. Cost Per Sqft$1,159$1,169$1,049$1,106No Data
    Avg. Wait for Unit Availability83 Days31 Days77 Days96 DaysNo Data
    Ratio of Units in Building14%53%21%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in King West