Peter Street Condos — Rental Market Data

Peter Street Condos maintains 3 active listings as of August 31, 2026, with asking prices ranging from $2,099 to $2,750 per month, an average rent of $2,400 per month, and a median rent of $2,350 per month. Active suites average 483 square feet at an asking rate of $5.12 per square foot, with 1-Bedroom layouts holding a dominant 66.7% share of the available inventory. Current listings lean heavily toward compact entry-level footprints rather than multi-bedroom executive layouts.

The 1-Bedroom layout stands as the dominant active layout at Peter Street Condos, representing 2 listings and a 66.7% inventory share. Available 1-Bedroom units average $2,225 per month across an average of 400 square feet at $5.56 per square foot. Meanwhile, the 1-Bedroom + Den tier accounts for 1 listing with a 33.3% share, averaging $2,750 per month across 650 square feet at $4.23 per square foot.

Peter Street Condos records a minimum entry rent of $2,099 per month and a peak asking rent of $2,750 per month, creating a dollar spread of $651 per month or a 31% pricing spread. The median asking rent sits at $2,350 per month. The entry-level suite consists of a 1-Bedroom layout spanning 400 square feet priced at $5.25 per square foot, while the peak suite is a 1-Bedroom + Den layout spanning 650 square feet priced at $4.23 per square foot.

Peter Street Condos features an active den premium of $526 per month associated with a square footage delta of 250 square feet. The marginal cost for the extra den space equates to $2.10 per square foot. Active parking stall costs cannot be reliably isolated due to an insufficient sample size.

Peter Street Condos asks an average of $2,400 per month at $5.12 per square foot, which trails the submarket average asking rent of $3,542 per month and submarket asking rate of $5.53 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 7.4% below the submarket asking benchmark while representing 153 active listings across the Entertainment District submarket.

Peter Street Condos averages an all-time lease rent of $2,417 per month across an average suite size of 552 square feet, trading below the overall comparable market average of $2,931 per month. Individual competitor metrics show 87 Peter at 87 Peter St averaging $2,475 per month at $4.66 per square foot across 544 square feet. Peter + Adelaide at 108 Peter St achieves an average lease rent of $3,121 per month at $4.27 per square foot across 732 square feet. Encore at Theatre District at 28 Widmer St records an average lease rent of $2,964 per month at $4.29 per square foot across 710 square feet. Central Condos at 38 Widmer St rounds out the set with an average lease rent of $3,163 per month at $4.58 per square foot across 703 square feet.

Peter Street Condos positions itself with an average leased rate of $4.50 per square foot across 552 square feet, providing a competitive alternative to larger, newer builds in the immediate submarket. Renters trade off the expansive square footages found in newer developments—such as Peter + Adelaide's 732 square feet at $4.27 per square foot and Encore at Theatre District's 710 square feet at $4.29 per square foot—for a more compact, efficiently managed footprint. Against 87 Peter, which averages 544 square feet at $4.66 per square foot, the subject building delivers comparable scale while offering a lower or more competitive rate per square foot.

Peter Street Condos delivers a robust lifestyle and amenity profile featuring a concierge and security team, a gym and fitness centre, a yoga studio, and a rooftop terrace that rivals newer neighbouring towers. Unlike 87 Peter, which integrates specialized wellness features like a hot tub, sauna, steam room, water spa, pet wash station, and car share, or Central Condos, which offers unique outdoor spaces like a bocce field, an outdoor fire pit, EV charging, a car wash bay, refrigerated parcel storage, building-wide WiFi, and a golf simulator, the subject building focuses its core offerings on classic resident spaces. Residents enjoy a media and theatre room, a games and billiard room, a party and lounge room, a meeting room, and a dining room with a kitchen, complemented by a therapeutic and massage room. This amenity package primarily serves young professionals and urban singles seeking core Entertainment District living without paying the heavy maintenance premiums of newly delivered 2024 builds.