87 Peter St #1103, Toronto

Name: 87 Peter Street, Unit 1103
SKU: C13726796
Price: 549000 CAD
Availability: InStock

2 Bed, 1 Bath Condo in Toronto

Unit 1103 at 87 Peter Street

Welcome to Suite 1103 at 87 Peter Street, a bright and thoughtfully designed 2 bedroom, 1 bathroom condo in the heart of Toronto's Entertainment District. This southwest facing suite features a functional open concept layout with floor to ceiling windows, wide plank flooring, and modern finishes throughout. The spacious living and dining areas flow seamlessly into the contemporary kitchen, creating a comfortable and versatile space for both everyday living and entertaining. Both bedrooms offer comfortable proportions and flexible space for a home office, guest room, or additional living area. The suite also includes a full sized bathroom and convenient stacked ensuite laundry. Built by Menkes, the building offers an excellent selection of amenities including a fitness centre, party room, concierge service, and a pet spa on the main floor. Enjoy an exceptional downtown location just steps from King West, Queen West, TTC, Rogers Centre, TIFF, Roy Thomson Hall, the Princess of Wales Theatre, restaurants, cafes, nightlife, and the Financial District. With convenient access to public transit and the subway, getting around the city is effortless. Experience modern downtown living in the heart of Toronto's Entertainment District at 87 Peter Street.

2 bedrooms, 1 bathroom, about 600 sq ft, works out to roughly $915 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 87 Peter St #1103

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

87 Peter St #1103 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® C13726796−$30,000 (5.2%)$549,000
Aug 30, 2026For saleListedThis listingMLS® C13726796$579,000
LeasedPreviously listedMLS® C12817852View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 87 Peter St #1103 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,081,109
Average days on market: 31
Homes sold: 9,511

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,455Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.

Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1103 — 87 Peter Street 2 bd · 1 ba · 600 sqft	$549,000asking	$915	—	—
327 King Street 1 bd · 1 ba · 500 sqft
455 Wellington Street 2 bd · 2 ba · 1,000 sqft
18 Sommerset Way 1 bd · 1 ba · 600 sqft
20 O'Neill Road 2 bd · 2 ba · 800 sqft
2885 Bayview Avenue 2 bd · 2 ba · 700 sqft
18 Lower Village Gate 2 bd · 2 ba · 1,400 sqft

327 King Street
1 bd · 1 ba · 500 sqft
455 Wellington Street
2 bd · 2 ba · 1,000 sqft
18 Sommerset Way
1 bd · 1 ba · 600 sqft
20 O'Neill Road
2 bd · 2 ba · 800 sqft
2885 Bayview Avenue
2 bd · 2 ba · 700 sqft
18 Lower Village Gate
2 bd · 2 ba · 1,400 sqft

More in this building

8 for sale · 8 for rent at 87 Peter St — plus its sale and lease history.

See all of 87 Peter St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

St. Andrew StationLine 1610 m8 min walk
Osgoode StationLine 1640 m8 min walk
St. Patrick StationLine 1940 m12 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

St. Andrew Station (Line 1)8 min walk
Osgoode Station (Line 1)8 min walk
St. Patrick Station (Line 1)12 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

St. Andrew Station
610 m8 minClosest· Line 1
Homes near St. Andrew Station
Osgoode Station
640 m8 min· Line 1
Homes near Osgoode Station
St. Patrick Station
940 m12 min· Line 1
Homes near St. Patrick Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 87 Peter St #1103. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 87 Peter St #1103

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,697; 20% down · 25 years · 5.5% assumed
Property tax: $302; 0.66% mill rate · ON
Total per month: $2,999; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,697

/mo

based on the purchase price of $549,000

Down payment20%

$109,800 cash

Amortization25 yr

$439,200 financed

Rate5.50%

$369,922 total interest

Principal54%$439,200

Interest46%$369,922

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 87 Peter St #1103

How much is 87 Peter St #1103 listed for?

87 Peter St #1103 is listed at $549,000 (MLS® C13726796). Summitly updates the price as soon as the MLS® record changes.

Is $549,000 a good price for 87 Peter St #1103?

Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 87 Peter St #1103 changed?

Yes — it was first listed at $579,000 and is now $549,000, a drop of $30,000 (5.2%).

How many bedrooms and bathrooms does 87 Peter St #1103 have?

87 Peter St #1103 has 2 bedrooms and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.

Is 87 Peter St #1103 close to transit?

The nearest rapid-transit station is St. Andrew Station (Line 1), about 610 m (about a 8-minute walk) in a straight line. Osgoode Station is about 640 m (about a 8-minute walk), and St. Patrick Station is about 940 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 87 Peter St #1103?

About $2,697 a month — principal and interest on $549,000 with 20% down ($109,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 87 Peter St #1103 compare with other homes in Toronto?

Its asking price of $549,000 is about 35% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 87 Peter St #1103 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 87 Peter St #1103 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 87 Peter St #1103?

87 Peter St #1103 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 87 Peter St #1103 been on the market?

57 days — 87 Peter St #1103 was listed on August 30, 2026.

What is the price per square foot of 87 Peter St #1103?

About $785 to $915 per square foot: the asking price of $549,000 over the 600–699 sq ft the listing gives as its size range.

Does 87 Peter St #1103 have parking or a garage?

Garage: Yes.

What you should know