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2602 - 87 Peter Street
Waterfront Communities C1, Toronto
$749,000
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.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,834
- Property tax
- $343
- Heat allowance
- $150
- Condo fees, half counted
- $363
- Housing costs
- $4,689 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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