128 Peter Street

Reasons to Buy*

Population Increase & Economical Outlook for 128 Peter Street

Toronto is the largest city in Canada and remains a primary engine of national growth, currently home to over 2.7 million residents. To meet the demands of this expanding population, the provincial government has established a target of 285,000 new homes by 2031. However, while construction is ongoing, current industry data reveals a critical supply gap. It is estimated that the city will only be able to provide roughly 157,800 new homes in that timeframe, resulting in a projected shortage of over 100,000 units. This structural scarcity is expected to drive up demand for existing inventory, leading to sustained growth in real estate values and rental rates. As a world-class city recognized for its diversity, Toronto continues to attract record levels of immigration and is home to North America’s second-largest financial centre and a rapidly expanding tech sector.

Connectivity & Transportation at 128 Peter Street

Situated at a world-class transit node, 128 Peter Street offers a perfect 100/100 Transit Score and a 99/100 Walk Score, ensuring that every corner of the city is within easy reach. The location is serviced by 24-hour streetcar lines, including the Queen and King routes, and is just a short walk from both Osgoode and St. Andrew subway stations. This central positioning provides rapid links to Union Station, the city’s gateway for GO Transit, VIA Rail, and the UP Express, which reaches Pearson International Airport in approximately 25 minutes. Residents also benefit from proximity to Billy Bishop Airport and the future Eglinton LRT, creating a seamless network that connects the downtown core to the broader Greater Toronto Area and beyond.

Location Advantages of 128 Peter Street

Located in the heart of Toronto’s sought-after Entertainment District, 128 Peter Street offers residents unrivaled access to world-class dining, luxury shopping, and a vibrant nightlife. This safe and diverse neighborhood is a cultural hub, situated steps from iconic attractions like the TIFF Bell Lightbox, the Royal Alexandra Theatre, and Roy Thomson Hall. The area is equally renowned for academic excellence, with the University of Toronto, Toronto Metropolitan University, and OCAD University all within close proximity. From the Michelin-starred restaurants of the core to the scenic green space of Grange Park, the location provides an elite urban lifestyle that places the best food and entertainment options in the world right at your doorstep.

The Reputable Developer Behind 128 Peter Street

The development of 128 Peter Street is spearheaded by Kingdom Developments, a globally recognized real estate firm with an extensive portfolio spanning residential, commercial, and master-planned communities across North America and Asia. Renowned for their commitment to architectural integrity and quality construction, Kingdom has taken the lead on this transformative project originally envisioned with Aoyuan International. The project features a striking 40-storey glass tower designed by BDP Quadrangle, which thoughtfully integrates and restores heritage Victorian rowhouses at its base. Kingdom’s forward-thinking approach ensures that the project delivers modern luxury and outstanding amenities, providing investors and homeowners with unwavering confidence in the long-term value and excellence of this landmark address.

128 Peter Street Quick Facts*

Developer:  Aoyuan International
Address: 128 Peter St, Toronto
Pricing: TBA
Occupancy: TBA
Storeys / Suites: 39 Storeys / 374 Units
Suite Types: TBA
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structures:
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements