87 Peter Street 2810, Toronto C01

$549,800
87 Peter Street 2810

$549,800

New
25d
Common Element CondoApartment

87 Peter Street 2810, Toronto C01

Total Monthly Obligation $3,139

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
25d
Score
19
Yield
5.5%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Common Element Condo
MLS® Number-C13836798
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Common Element Condo
Taxes-$2,885.09 (2026)
Maintenance-$480.81/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BRAD J. LAMB REALTY 2016 INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Motivated Seller. Noir Residences by Menkes! Located in the heart of Toronto's Entertainment District, this bright and spacious 1 Bed + Den offers approximately 574 sq. ft. of well-designed living space. The spacious den features sliding glass doors for added privacy, making it a versatile space that can easily be used as a second bedroom, nursery, home office, or additional living space. Enjoy 9-ft ceilings, laminate flooring throughout, an open-concept layout, and lots of natural light. Modern kitchen features quartz countertops and integrated appliances. Step out onto the large open balcony with plenty of room to enjoy the outdoors. Unbeatable downtown location just steps to TTC, restaurants, hotels, shopping, TIFF, Roy Thomson Hall, Rogers Centre, Scotiabank Arena, and the city's best entertainment and nightlife.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$439,840
Land Transfer Taxes$7,471
Legal Fees (Est.)
$
Total cash required for closing$118,931

Total Monthly Obligation

$3,139/mo
Mortgage $2,218
Monthly Loss $2,555
Principal$584
Interest$1,634
Property Tax$240
Condo Fees$481
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.7%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,120/yr
NOI
$16,053/yr
Net Cash Flow
-$880/mo
Cash Margin
-35.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 87 Peter Street 2810

Time

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Data last updated within the past 24 hours.