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Noir Residences · 87 Peter St Entertainment District Condo Guide

87 Peter St · Toronto

Waterfront Communities C1Toronto C01Fees ≈ $0.83–0.89/ft²

What kind of building is Noir Residences?

Noir Residences (87 Peter St) is Menkes' 49-storey residential tower in Downtown Toronto's vibrant Entertainment District, steps from King Street West and the Financial District. Managed by Menres Property Management; amenities include a fitness center, water spa zone, outdoor terrace, party salon, and 24-hour concierge. Arthur has completed 3 transactions here, combining verified MLS statistics with direct operational experience on this page.

Source: TRREB listing data via PropTx and Arthur's closing records

Building profile

Property management
Menres Property Management
Condo corporation
TSCC 2700
Concierge desk
Management office
Maintenance fee (per sq ft)
$0.83–0.89 /ft² Approximate — uses the midpoint of the MLS size bracket
Fees include
Building Insurance Included、CAC Included、Common Elements Included、Heat Included、Water Included
Amenities
Bike Storage · Community BBQ · Concierge · Elevator · Exercise Room · Game Room · Guest Suites · Gym · Media Room · Party Room/Meeting Room · Recreation Room · Rooftop Deck/Garden · Sauna · Visitor Parking
Pets
Yes-with Restrictions
Listings with parking
8%
Listings with a locker
33%
Property tax (annual)
$2,700–3,000
Developer
Menkes Developments Arthur
Year built
2019 Arthur
Storeys
49 Arthur
Units
550 Arthur

Aggregated from 12 current TRREB listings, not the corporation’s official records · as of 2026-09-23

Market snapshot for this building

For sale
6 listed · $435,000–840,000
For lease
5 listed · $2,200–2,400/mo
Closed sales, last 120 days
7 sales
median $420,000 · IQR $420,000–560,000 · sale/list 0.98 (aggregates only)
Context: zone apartment HPI benchmark
$553,900
Toronto C01, 2026-08, -6.7% y/y · TRREB MLS HPI

1-Bed & 2-Bed Market Reference

Layout Estimated Rent Estimated Price
1 Bedroom $2,200–$2,500 /mo $395,000–$445,000
2 Bedrooms $3,100–$3,500 /mo $495,000–$555,000

Calibrated from TRREB 2026 Q2 Rental Report and 2026-09 MLS HPI benchmarks, aligned with historical building closings. For planning reference only. As of 2026-09.

See every active listing at 87 Peter St on the search page →

Data as of 2026-09-23 · Source: TRREB via PropTx · active listings as counts and ranges only, closed sales as aggregates only

Arthur at Noir Residences

Arthur’s closed deals at Noir Residences (3)

YearTypeBedsPrice
2024Leased2$2,300/mo
2021Leased1$1,900/mo
2019Leased1$2,475/mo

Prices follow the Portfolio page, where the full record lives.

First-hand notes on Noir Residences

From Arthur’s own management and closings in this building; rents are shown as bands, never per unit.

Achieved rent bands by unit type

TypeMonthly rent bandAs of
1$2,150–2,4502026-09
2$2,800–3,3002026-09

Who rents here: finance & tech professionals

Residents predominantly comprise corporate finance professionals, tech employees, and creative sector workers seeking a walk-to-work lifestyle close to King Street West and downtown offices.

Menres Management & Building Security

Managed by Menres Property Management with 24-hour concierge and electronic access control. Freight elevator moves require advance bookings, and shared facilities follow established building protocols.

Floorplan Characteristics & Skyline Views

Floorplans feature efficient one-bedroom and two-bedroom layouts designed with functional footprints. Higher south-facing units offer views toward the CN Tower and waterfront, while east and north views showcase the downtown core.

Corporation Oversight & Landlord Rules

Condo corporation TSCC 2700 maintains an established reserve fund. Landlords must register tenant forms with management, and status certificate reviews should verify mechanical and HVAC maintenance histories.

Neighbourhood and commute: Waterfront Communities C1

Located at Peter & King in the heart of the Entertainment District, steps from TIFF Bell Lightbox, Roy Thomson Hall, and King West dining. A short walk connects to St. Andrew subway station, with the 504 King and 501 Queen streetcars providing east-west transit.

Read the full district guide →

Frequently asked

What do maintenance fees cover at Noir Residences?

Based on MLS records and TSCC 2700 filings, maintenance fees cover heat, central air, water, building insurance, and common element upkeep; electricity is metered separately.

What is the pet policy at 87 Peter St?

Pets are permitted in accordance with TSCC 2700 bylaws regarding allowable types and numbers.

How is parking and transit access at Noir Residences?

The property includes underground assigned parking and visitor spaces. St. Andrew subway station is a 7-minute walk, and the 504 King streetcar stops nearby.

Talk to Arthur about Noir Residences

Arthur Zhao · Real Estate Broker · FRI · ABR · SRS · PSA · MCNE · E-PRO · CLHMS & GUILD Elite · REAIS · VP & Branch Manager, Bay Street Group Inc.

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