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    Toronto / Downtown / King West

    4513 - 87 Peter St

    For SaleNoir Residences
    5.0
    $650,000
    1 Bed
    1 Bath
    0 Parking
    508 SQFT
    36 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $392/mth
    Taxes:
    $2,654 (2024)
    Cost Per Sqft:
    $1,280/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    16.41 x 12.3ft
    Dining
    Laminate, Combined with Living, Walkout To Balcony
    10.07 x 10.5ft
    Kitchen
    Laminate, Combined with Dining, Walkout To Balcony
    16.41 x 12.3ft

    About this Listing

    Welcome to our stunning high-rise retreat on the 45th floor, offering unobstructed, breathtaking views of the iconic CN Tower and Lake Ontario.Bright Corner 1-Bedroom Condo in Toronto's Vibrant Downtown Discover the perfect blend of luxury, convenience, and style with this stunning 1-bedroom condo by Menkes. Located in the heart of Toronto's dynamic entertainment district, this corner unit offers breathtaking southeast views of the city skyline and lake. Key Highlights: Exceptional Natural Light: Floor-to-ceiling windows on both the south and east sides flood the bedroom with sunlight all-day long. Modern Open-Concept Layout: A spacious living and dining area seamlessly connects to a contemporary kitchen and a large balcony ideal for relaxation or entertaining. Ample Storage: Includes a convenient laundry area with plenty of storage space. Prime Location: Steps to the TTC, TIFF, Rogers Centre, and upscale dining. Easy walking distance to the subway and financial district, perfectly positioned for work and play. *Excellent tenant currently occupying premises; can stay or leave with 60 days notice. This property is an ideal opportunity for young professionals, first-time buyers, or savvy investors.

    ExtrasFridge, Stove, B/I Dishwasher, Washer & Dryer, B/I Microwave, All Window Coverings

    spectrum realty services inc.MLS® #C10428853

    Amenities

    Rec Room
    Visitor Parking
    Concierge
    Party Room
    Games 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!

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    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

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    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

    132
    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$407,000 - $515,000$505,000 - $608,000$537,500 - $620,000$835,000 - $850,000No Data
    Avg. Cost Per Sqft$1,142$1,169$1,068$1,128No Data
    Avg. Wait for Unit Availability83 Days31 Days75 Days94 DaysNo Data
    Ratio of Units in Building14%53%21%12%2%

    Transactions vs Inventory

    Total number of units listed and sold in King West