87 Peter St #2602, Toronto

Name: 87 Peter Street, Unit 2602
SKU: C14119686
Price: 749000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 2602 at 87 Peter Street

Luxury Living at Noir Residences by Menkes in the Heart of Toronto's Entertainment District! This exceptional corner suite offers 2 bedrooms and 2 full bathrooms, showcasing desirable southwest exposure with captivating city skyline and waterfront views from two private balconies. Floor-to-ceiling windows flood the space with natural light, while the functional layout is ideal for both end-users and investors alike. Perfectly situated steps from the TTC, TIFF Bell Lightbox, Rogers Centre, Roy Thomson Hall, Princess of Wales Theatre, renowned restaurants, cafes, and nightlife, with convenient walking access to the Financial Districtand subway stations. An outstanding opportunity to live in one of downtown Toronto's most sought-after neighbourhoods or secure a turnkey investment with an excellent existing tenant already inplace. Includes 1 locker and premium features such as built-in refrigerator, dishwasher, stove, microwave, washer and dryer, existing light fixtures, two balconies, and custom California Closets. Residents enjoy world-class amenities including 24-hour concierge service, a state-of-the-art fitness centre, yoga studio, steam room, theatre lounge, party room, guest suites, outdoor BBQ terrace, and pet spa.

2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,070 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 87 Peter St #2602

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 700-799 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

87 Peter St #2602 Price & Sale History

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

Oct 27, 2026For saleListedThis listingMLS® C14119686$749,000

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

What's it worth?

How 87 Peter St #2602 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

Well Above Market· based on 16,089 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: $1,082,613
Average days on market: 31
Homes sold: 9,552

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 ratio4966.8%On average, homes sold at or above asking.
Active listings12,176Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.

Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 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 2602 — 87 Peter Street 2 bd · 2 ba · 700 sqft	$749,000asking	$1,070	—	—
5 Kenneth Avenue 2 bd · 2 ba · 1,400 sqft
120 Dallimore Circle 2 bd · 2 ba · 700 sqft
2 Clairtrell Road 1 bd · 1 ba · 600 sqft
150 East Liberty Street 1 bd · 1 ba · 600 sqft
50 O'Neill Road 2 bd · 2 ba · 800 sqft
62 Forest Manor Road 1 bd · 1 ba · 600 sqft

5 Kenneth Avenue
2 bd · 2 ba · 1,400 sqft
120 Dallimore Circle
2 bd · 2 ba · 700 sqft
2 Clairtrell Road
1 bd · 1 ba · 600 sqft
150 East Liberty Street
1 bd · 1 ba · 600 sqft
50 O'Neill Road
2 bd · 2 ba · 800 sqft
62 Forest Manor Road
1 bd · 1 ba · 600 sqft

More in this building

9 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 #2602. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 87 Peter St #2602

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

Mortgage: $3,680; 20% down · 25 years · 5.5% assumed
Property tax: $412; 0.66% mill rate · ON
Total per month: $4,092; 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.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

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

$3,680

/mo

based on the purchase price of $749,000

Down payment20%

$149,800 cash

Amortization25 yr

$599,200 financed

Rate5.50%

$504,684 total interest

Principal54%$599,200

Interest46%$504,684

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.

Book a tour of 87 Peter St #2602 with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 87 Peter St #2602 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 87 Peter St #2602

How much is 87 Peter St #2602 listed for?

87 Peter St #2602 is listed at $749,000 (MLS® C14119686). Summitly updates the price as soon as the MLS® record changes.

Is $749,000 a good price for 87 Peter St #2602?

Summitly rates it Well Above Market: the asking price is 15% or more 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 #2602 changed?

No — 87 Peter St #2602 is still listed at its original asking price of $749,000.

How many bedrooms and bathrooms does 87 Peter St #2602 have?

87 Peter St #2602 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.

Is 87 Peter St #2602 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 #2602?

About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), 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 #2602 compare with other homes in Toronto?

Its asking price of $749,000 is about 11% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 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 #2602 been sold before?

Summitly has no earlier MLS® sale or lease of 87 Peter St #2602 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 87 Peter St #2602?

87 Peter St #2602 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 87 Peter St #2602 been on the market?

87 Peter St #2602 was listed today (October 27, 2026).

What is the price per square foot of 87 Peter St #2602?

About $937 to $1,070 per square foot: the asking price of $749,000 over the 700–799 sq ft the listing gives as its size range.

Does 87 Peter St #2602 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know