Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Wellington Place
Peter Street Condos in one look.
101 Peter St, Toronto
Built
2014
Storeys
40
Suites
429
Developer
CentreCourt Developments
Corporation
TSCC-2416
Free · about 45 seconds · no obligation
What is your unit at Peter Street Condos worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
Transit, nearest first
- 504King St West at Peter St504 King / 508 Lake Shore streetcar0.2 km
- 1Osgoode stationLine 1 Yonge–University0.6 km
- 19BayTTC bus1.0 km
- 97YongeTTC bus1.0 km
- GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.0 km
- UPUnion stationUP Express · Pearson to Union1.0 km
- 13Avenue RdTTC bus1.1 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–6
Ogden Junior Public School
33 Phoebe St, Toronto
0.3 km · ~5 min walk
Zoned for this address
MiddleGr 7–8
Ryerson Community School
96 Denison Ave, Toronto
0.9 km · ~14 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
2.3 km
Zoned for this address
Catholic elementary
Bishop Macdonell Catholic Elementary
0.9 km · ~14 min walk
Nearest, confirm zoning
Catholic elementary
St Mary Catholic Elementary School
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic secondary
St Joseph's College School
1.9 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
1.8 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at Peter Street Condos actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| Studio | 0 | too few | 10 | $1,875/mo |
| 1 bed | 9 | $475,000 | 37 | $2,350/mo |
| 2 bed | 5 | $675,000 | 13 | $3,250/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at Peter Street Condos
Do mostly owners or renters live here?
Renter-heavy building. Of 151 deals here in the last 24 months, 127 were leases and 24 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at Peter Street Condos?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about Peter Street Condos
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at Peter Street Condos lists or sells.
Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.
- New listings for sale or rent here
- What units sold for, with my read on it
- No account, no spam, stop with one reply
Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Coffee
Bynd Coffee Bar
Steps away
Sushi
Bento Sushi
Steps away
Restaurant
Kiin Restaurant
Steps away
Restaurant
Muse Lobby Bar
Steps away
Vietnamese
Pho Ngoc Yen Restaurant
Steps away
Restaurant
Riu Plaza
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Grasett Park
- Clarence Square Park
- St. Patricks Square
Nearest grocery
No Frills
0.2 km · ~3 min walk
Prices: TRREB MLS® System aggregate medians for 101 Peter St, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
Peter Street Condos is a building of small suites, and it does not pretend otherwise. Every one of its 429 units is under 800 sq ft, which makes it a clear choice for a single buyer or an investor and a poor one for anyone planning to grow into a space. Know that going in and it can be a sensible buy. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
Peter Street Condos is a 40-storey, 429-suite condominium at 101 Peter Street, at the northeast corner of Adelaide Street West, in downtown Toronto’s Entertainment District between Queen West and King West. It was developed by CentreCourt Developments and designed by architectsAlliance, and it was completed in 2014. The condominium corporation, TSCC-2416, was registered on 16 December 2014, and FirstService Residential is the listed manager. Condos.ca lists the fee as covering common elements, heat, air conditioning, water and building insurance. Suites run from about 303 to 772 sq ft.
Peter Street Condos at a glance
A slender tower with a warehouse-inspired base
CentreCourt Developments built Peter Street Condos on the northeast corner of Adelaide and Peter, and architectsAlliance, led on this project by founding partner Peter Clewes, designed it. UrbanToronto reports the tower at 40 storeys and roughly 426 feet.
The tower is white glass, but the podium is the interesting part. A Globe and Mail architecture column described a black masonry grid across the lower floors, meant to echo the brick-framed windows of the old warehouses that still line this part of Adelaide and Peter. The podium height was set to match an older building across the street.
That column was not entirely kind. Its writer argued that a 40-storey tower was too big to blend in and that the contextual base softened a building that should have been bolder. Twelve years on, with taller towers around it, the base is the part of the building that has aged best.
Every suite is under 800 square feet
Suites range from about 303 to 772 sq ft. That makes this one of the more compact buildings downtown. The mix is studios, one-bedrooms and small one-plus-dens and two-bedrooms, and current listings are all in the under-500 sq ft band.
The same Globe column pointed out that the unit mix was aimed at first-time buyers and singles rather than families. That is still true. A couple can live here in one of the larger plans, but there is no move-up suite in the building, so when your life changes you will be selling, not upgrading within the tower.
In a 303 to 450 sq ft suite, the plan is everything. Look for a layout where the bed is not in the path to the balcony, where the kitchen has at least some counter on both sides of the sink, and where there is a real closet. Measure your furniture before you fall for the view.
For context, Tableau down the street runs to about 1,036 sq ft and 87 Peter to about 996 sq ft, according to Condos.ca. Neither is a family building, but both give a growing household somewhere to move within the same block. Here, the largest plan stops at 772 sq ft.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Why the fee per foot looks high
Condos.ca shows the fee on current listings at about $1.67 per square foot, which looks alarming next to Tableau down the street at about $0.74. Most of the gap is arithmetic. Small suites carry the same share of fixed costs, such as concierge, elevators and insurance, as a larger one, so their fee per foot is always higher.
The inclusion list is also broad. Condos.ca lists common elements, heat, air conditioning, water and building insurance. Hydro is not listed, so you will pay your own electricity. For a studio or one-bedroom, the monthly dollar amount is the number to compare, not the per-foot figure.
If you are buying to rent, run the numbers on the actual monthly fee and the realistic rent for the suite size. Tiny suites rent quickly downtown, but the fee takes a larger share of the rent than it does in a bigger unit.
A broad inclusion list also has a downside. When heat, cooling and water are shared, the owners in the smallest suites pay for neighbours who run their air conditioning all summer, and utility increases flow straight into the fee. Ask how much the fee has risen over the past three years and whether the board has looked at sub-metering.
Adelaide and Peter, day to day
You are a block south of Queen West and a short walk from King West, the theatres and the Financial District. Osgoode and St. Andrew stations are both walkable. The data panel on this page covers transit, schools and Walk Score.
Adelaide is a busy one-way street heading east, and this corner sits near the Richmond and Adelaide club strip. Lower suites will hear traffic and late-night crowds. North- and east-facing upper suites get the Financial District skyline that UrbanToronto highlighted when the tower launched.
The block is still changing. UrbanToronto reported in 2015 on proposals for more towers on Peter and Adelaide, including a two-tower plan by Graywood at 350 Adelaide West, and 87 Peter and Tableau have since been built nearby. Check what is approved around your floor before paying for a view.
Pricing context
Condos.ca puts the building average at about $945 per square foot, higher than Tableau at about $915 and 87 Peter at about $931. That premium is mostly the small-suite effect: per-foot prices rise as suites shrink, because every unit still needs a kitchen and a bathroom.
Four suites were listed for sale when I prepared this review, asking from about $400,000 to about $620,000, all in the under-500 sq ft band. One suite was listed for lease.
Compare total monthly cost, not price per foot, when you weigh this building against a larger-suite neighbour. For the aggregate sold record at this address, ask for my building sold report.
Building specifications
| Building name | Peter Street Condos |
| Address | 101 Peter Street, Toronto |
| Developer | CentreCourt Developments |
| Architect | architectsAlliance (Peter Clewes) |
| Storeys | 40 (about 426 ft, per UrbanToronto) |
| Total suites | 429 |
| Condo corporation | TSCC-2416 |
| Registered | 16 December 2014 |
| Property management | FirstService Residential |
| Suite sizes | Approximately 303 to 772 sq ft |
| Maintenance fees | About $1.67 per sq ft on current listings (Condos.ca) |
| Fees include | Common elements, heat, air conditioning, water and building insurance |
| Not included | Hydro (not listed as included) |
Amenities at Peter Street Condos
The amenities are practical rather than lavish: a fitness centre fitted out by Totum, a party room, a theatre room and guest suites. In a building of small suites, the guest suite and party room do real work, because there is no room to host at home.
Jatin’s honest take on Peter Street Condos
Who this building suits
Single first-time buyers who want a downtown address at the lowest possible entry price, and investors targeting young renters who work in the Financial District or the Entertainment District. It also suits a buyer who wants a pied-à-terre near the theatres.
What I’d want you to check
Look closely at the plan and measure it; at these sizes, a badly shaped 450 sq ft suite lives smaller than a good 400. Confirm whether the suite has parking or a locker, since neither is listed in the fee. Read the reserve fund study and the latest fee increases. I did not find public information on pet or leasing rules, so read the declaration and rules in the status certificate.
The value question
At about $945 a square foot, the per-foot price is high, but the dollar price is low, and that is the whole point of this building. For an investor or a single buyer, a well-planned studio or one-bedroom here is a reasonable buy. For anyone who might need more space within five years, I would look at a building with a wider suite mix, such as Tableau down the street.
Free building report: Peter Street Condos
Send me your email and I’ll put together a current report on Peter Street Condos — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Peter Street Condos — frequently asked questions
Who developed Peter Street Condos?
CentreCourt Developments.
Who designed Peter Street Condos?
architectsAlliance, with founding partner Peter Clewes leading the design.
How tall is Peter Street Condos?
It is 40 storeys, about 426 feet according to UrbanToronto.
How many suites are in Peter Street Condos and how big are they?
There are 429 suites, from about 303 to 772 sq ft. There are no large suites in the building.
When was Peter Street Condos built?
It was completed in 2014, and the condominium corporation, TSCC-2416, was registered on 16 December 2014.
What do the maintenance fees include?
Condos.ca lists common elements, heat, air conditioning, water and building insurance. Hydro is not listed as included.
Why is the fee per square foot so high?
Small suites carry a similar share of fixed building costs as larger ones, so their fee per foot is higher. Compare the monthly dollar amount instead.
What amenities does Peter Street Condos have?
A concierge, fitness centre, party room, theatre room, meeting room, guest suites and visitor parking.
Who manages Peter Street Condos?
FirstService Residential is the listed property manager.
How does Peter Street Condos compare with Tableau?
Tableau at 125 Peter is a 2016 Urban Capital building with suites up to about 1,036 sq ft, a lower fee per foot of about $0.74 and an average of about $915 per square foot, against about $945 here.
How much do condos at Peter Street Condos sell for?
Over the last 12 months the median resale at Peter Street Condos was $507,500, across 14 sales. The typical unit sold in 27 days at about 96% of the asking price. That works out to roughly $903 per square foot.
How much is rent at Peter Street Condos?
The median lease at Peter Street Condos over the last 12 months was $2,400/mo, from 60 leases. Units typically leased in 9 days.
What does each unit type cost at Peter Street Condos?
Over the last 24 months: Studios rented for $1,875/mo; One-bedrooms sold for a median $475,000 and rented for $2,350/mo; Two-bedrooms sold for a median $675,000 and rented for $3,250/mo. Each median uses three or more deals.
Are prices at Peter Street Condos up or down since 2022?
Down about 25%. The median sold price per square foot was $1,205 in 2022 and $903 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does Peter Street Condos offer an investor?
At a median price of $507,500 and a median rent of $2,400 a month, the gross yield is about 5.7%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at Peter Street Condos?
Mostly renters. Of the deals here in the last 24 months, 84% were leases and 16% were sales.
Can you Airbnb a unit at Peter Street Condos?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 172 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has Peter Street Condos had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is Peter Street Condos zoned for?
For TDSB public schools, the address is zoned for Ogden Junior Public School (Elementary, JK–6), Ryerson Community School (Middle, Gr 7–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to Peter Street Condos?
The nearest subway is Osgoode station (Line 1 Yonge–University), 0.6 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.0 km; UP Express runs from Union station, 1.0 km; the 504 King / 508 Lake Shore streetcar stops 0.2 km away; the closest bus is the Bay (TTC bus). Distances are straight-line from the building.
What restaurants and shops are near Peter Street Condos?
Within about a 10-minute walk: Bynd Coffee Bar (Coffee), Bento Sushi (Sushi), Kiin Restaurant (Restaurant), Muse Lobby Bar (Restaurant), Pho Ngoc Yen Restaurant (Vietnamese). The closest grocery store is No Frills, 0.2 km away.
Which parks are near Peter Street Condos?
Grasett Park, Clarence Square Park, St. Patricks Square are the closest green spaces.
What is my unit at Peter Street Condos worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at Peter Street Condos lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at King West, Liberty Village and CityPlace more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including King West, Liberty Village and CityPlace. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at Peter Street Condos, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More King West, Liberty Village and CityPlace building guides: 123 Portland · 263 Wellington West · 300 Front Street West · 32 Camden Street Lofts · 330 Richmond · 357 King West
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.