$599,888

For sale

#1322 108 Peter Street, Toronto (Waterfront Communities) - Single Family for Sale

#1322 108 Peter Street, Toronto (Waterfront Communities), Ontario, M5V2G7

2 beds2 baths0 parking650 ft²$392/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $599,888, it is attractively priced about 5% below the $629,900 median asking price in Toronto. It has been on the market 52 days, fresher than the Toronto average of 57 days.

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Description

Experience elevated downtown living from the 13th floor of Noir Residences at 108 Peter Street. This sun-filled northwest-facing suite seamlessly blends intelligent design, contemporary finishes, and breathtaking city views. Floor-to-ceiling windows span the living space, bathing the interior in natural light while framing unobstructed views of Toronto's iconic skyline, with glimpses of Lake Ontario in the distance. Thoughtfully designed to maximize both comfort and functionality, every square foot of this residence is utilized with purpose, creating a stylish and efficient urban sanctuary. Ideally situated in the heart of Toronto's sought-after Entertainment District, you're just steps from the Financial District, acclaimed restaurants, vibrant nightlife, renowned theatres, and premier shopping. Commuting is effortless with convenient access to the King and Queen streetcars, nearby subway stations, and major downtown corridors. Whether you're a professional seeking a sophisticated city home or an investor looking for a prime downtown asset, this exceptional residence offers the perfect combination of location, lifestyle, and value in one of Toronto's most dynamic neighbourhoods. (id:66096)

Property Details

MLS®: C13784416
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $392/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,084/yr
Listed: 52 days ago

Rooms

Main level

Living room: 6.31 x 3.04 meters
Dining room: 6.31 x 3.04 meters
Kitchen: 6.31 x 3.04 meters
Primary Bedroom: 3.15 x 2.87 meters
Den: 2.75 x 2.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$924

List price

$600K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Waterfront Communities) has been listed for 52 days, which is 5 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · GAGANPAL MUTTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $599,888, about 6.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $117,179 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$599,888· $924/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,988.80

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$257/mo

Condo fee$392/mo

Total monthly$3,781

Cash Needed to Close

Down payment (5.83%)$34,989

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,234

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