701-108 Peter Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13884228

$649,000
For Sale
Listed 9 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

Enjoy stylish downtown living in this spacious 2-bedroom, 2-bathroom suite at PETER & ADELAIDE. Designed with comfort and functionality in mind, this bright and modern residence offers an excellent layout for professionals, couples, roommates, or anyone looking to enjoy the convenience of city living. Located in the heart of Toronto, you're just moments from the Financial District, Entertainment District, PATH, TTC, top-rated restaurants, cafés, shopping, and some of the city's best attractions. Residents have access to an exceptional collection of amenities, including a fully equipped fitness centre, yoga studio, infrared sauna, co-working lounge, party room, private dining room, demonstration kitchen, outdoor terrace, recreation lounge, and children's play area. Experience the perfect combination of space, lifestyle, and location in one of downtown Toronto's most desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13884228
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Peter and Adelaide
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$421/mo
Exposure
North
Property tax
$3,054 / 2025
Days on market
9
Listing brokerage
KELLER WILLIAMS EDGE REALTY

Rooms

Primary Bedroom

laminate · closet · ensuite bath

Kitchen

laminate · stone counters · stainless steel appl

Bedroom 2

laminate · sliding doors · closet

Living Room

laminate · w/o to balcony · combined w/dining

Dining Room

laminate · large window · open concept

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
$613kavg 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 $917/sqft; this home lists at $999/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home660k630k653k575k549kThis 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
$529K
Niagara
$724K
Waterfront Communities C8
$554K
North St. James Town
$765K

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
Beverley School · Public elementary0.9 km
Bishop Macdonell Catholic School · Catholic elementary0.9 km · 82% at standard
Subway Academy II · Public secondary0.9 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
Charles G Fraser Junior Public School · Public elementary1.3 km · 74% at standard
The Waterfront 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
$2,958/mo
$132KIncome needed
4.9×Price ÷ income
$683Weekly cost
$18,910Land 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.

81%mortgage
Mortgage $2,958Property tax $255Condo fee $421Total carry $3,633

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,546Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$255
Condo / maintenance fees
$421
Heating
$0
Estimated monthly cost
$3,546

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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$2,050/mo
$24,600Gross annual rent
2.0%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.

3.8%
Gross yield
− Property tax $3,054− Condo fees $5,046− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,194

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

CallRequest a showing