602-101 PETER Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13880816

$399,888
For Sale
Listed 10 days agoNo offer date stated
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1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • A Luxurious Condo In The Heart Of Toronto's Entertainment District.
  • Modern Studio Condo With 9' Ceilings With Floor To Ceiling Windows, Granite Countertops And BRAND NEW Flooring Throughout and Freshly Painted.
  • King West Neighborhood With 100 Walk Score, Steps To Restaurants.
  • Freshly Painted.24 Hrs Concierge, Fully Equipped Exercise Room, Party Room, Yoga Area, Theatre W/Servery,Lounge & Kitchen & Dining Rm, Billiard, Guest Suite, StarBucks.
  • 24 hr Concierge, fully equipped Gym, Party Room, Yoga Area, Theatre/ Servery, Lounge, Kitchen, Dining Room, Billiards, Guest Suite, and easy access to all essential...

A Luxurious Condo In The Heart Of Toronto's Entertainment District. Modern Studio Condo With 9' Ceilings With Floor To Ceiling Windows, Granite Countertops And BRAND NEW Flooring Throughout and Freshly Painted. King West Neighborhood With 100 Walk Score, Steps To Restaurants. Theatres, And Financial District. Freshly Painted.24 Hrs Concierge, Fully Equipped Exercise Room, Party Room, Yoga Area, Theatre W/Servery,Lounge & Kitchen & Dining Rm, Billiard, Guest Suite, StarBucks.Steps Away From the Financial District, CN Tower, Rogers Centre, Public Transit, Shopping, Theaters, Restaurants, and Supermarkets & Starbucks. 24 hr Concierge, fully equipped Gym, Party Room, Yoga Area, Theatre/ Servery, Lounge, Kitchen, Dining Room, Billiards, Guest Suite, and easy access to all essential facilities. The open & airy Atmosphere perfectly suited for students or young professionals seeking a high-end lifestyle. Don't miss this opportunity to live in one of the Toronto's most vibrant neighbourhoods.Airbnb allowed( great source of income).

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13880816
Bathrooms
1
Size
0-499 sq ft
Cross streets
Peter/Adelaide
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$331/mo
Exposure
North
Property tax
$1,935 / 2025
Days on market
10
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

KitchenMain4.11 × 3.67 m

vinyl floor · b/i appliances · w/o to balcony

Dining RoomMain4.11 × 3.67 m

vinyl floor · large window · w/o to balcony

Living RoomMain4.11 × 3.67 m

vinyl floor · large window · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$428kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,714/sqft; this home lists at $1,603/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
400kThis home400k395k439k449k455kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Waterfront Communities C8
$554K
Moss Park
$549K
Niagara
$727K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 69% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.5 km
ALPHA Alternative Junior School · Public elementary0.5 km
Contact Alternative School School · Public secondary0.7 km
Heydon Park Secondary School · Public secondary0.8 km · 8% at standard
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
Beverley School · Public elementary0.9 km
Subway Academy II · Public secondary1.0 km
Jean Lumb Public School · Public elementary1.0 km · 73% at standard
Orde Street Public School · Public elementary1.2 km · 76% at standard
Niagara Street Junior Public School · Public elementary1.3 km · 82% at standard
The Waterfront School · Public elementary1.3 km · 74% at standard
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,823/mo
$84KIncome needed
4.7×Price ÷ income
$421Weekly cost
$8,947Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

79%mortgage
Mortgage $1,823Property tax $161Condo fee $331Total carry $2,315

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,910 · 4.49% over 25 years

$79,978Down payment (20.0%)
$319,910Loan before insurance
$0CMHC premium
$2,261Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$161
Condo / maintenance fees
$331
Heating
$0
Estimated monthly cost
$2,261

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$4,473
Toronto municipal land transfer tax
$4,473
Estimated closing costs
$8,947

Plus your down payment of $79,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$210,741Total interest paid
$530,652Total of all payments
Principal $319,910 Interest $210,741
YearPrincipalInterestBalance
1$7,139$14,087$312,771
2$7,463$13,763$305,308
3$7,802$13,424$297,506
4$8,156$13,070$289,350
5$8,527$12,699$280,823
6$8,914$12,312$271,910
7$9,318$11,908$262,591
8$9,742$11,485$252,849
9$10,184$11,042$242,666
10$10,646$10,580$232,019
11$11,130$10,096$220,890
12$11,635$9,591$209,255
13$12,163$9,063$197,091
14$12,716$8,511$184,376
15$13,293$7,933$171,083
16$13,896$7,330$157,187
17$14,527$6,699$142,659
18$15,187$6,039$127,472
19$15,876$5,350$111,596
20$16,597$4,629$94,999
21$17,351$3,875$77,648
22$18,139$3,087$59,509
23$18,962$2,264$40,547
24$19,823$1,403$20,723
25$20,723$503$0

At the end of your 5-year term

Total paid over the term
$106,130
Principal paid down
$39,087
Interest paid
$67,043
Balance remaining
$280,823

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
4.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.9%
Gross yield
− Property tax $1,935− Condo fees $3,975− Insurance $600− Vacancy & upkeep $3,036Net operating income $18,055

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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