$1,380,000

For sale

#5716 386 Yonge Street, Toronto (Bay Street Corridor) - Single Family for Sale

#5716 386 Yonge Street, Toronto (Bay Street Corridor), Ontario, M5B0A5

4 beds3 baths0 parking1,500 ft²$1,190/mo condo feeListed 15 days ago

Overview

This 4-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 59 days.

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Description

Rare Two-Storey Penthouse at Aura at College Park! Perched on the 57th and 58th floors, this exceptional corner residence offers 3 spacious, fully enclosed bedrooms with windows and doors, plus a versatile den. Newly installed flooring and contemporary light fixtures enhance the home's modern appeal. Soaring ceilings reaching up to 21 feet and expansive wraparound floor-to-ceiling windows create a dramatic, light-filled interior with unobstructed panoramic views to the north, east and west, including breathtaking views of Lake Ontario. The thoughtfully designed two-level layout is ideal for both everyday living and entertaining, complemented by a large ensuite locker for added storage. Enjoy unparalleled downtown convenience with direct indoor access to 24-hour grocery shopping, retail, restaurants and College subway station. A rare opportunity to experience elevated penthouse living in the heart of Toronto! (id:66096)

Property Details

MLS®: C14097304
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Parking: 0
Interior Size: 1,500 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,190/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $9,714.15/yr
Listed: 15 days ago

Rooms

Main level

Living room: 5.26 x 3.39 meters
Dining room: 6.59 x 5.59 meters
Bedroom 3: 2.9 x 2.8 meters

Second level

Bedroom 2: 3 x 2.8 meters
Primary Bedroom: 4.55 x 3.23 meters
Den: 1.94 x 3.04 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Stone
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Bay Street Corridor) listings, avg age

59d

Price / ft²

$920

List price

$1.38M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Toronto (Bay Street Corridor) has been listed for 15 days, which is 44 days fresher than the city average of 59. Act while there is still low competition.

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Listed by AVION REALTY INC. · WILLIAM SUN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $1,380,000, about 23.8× the local median household income of $58,000.

Carrying it typically needs a household income of about $269,562 (20% down, 25-yr amortization, stress-tested) — roughly 365% above the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$1,380,000· $920/ft²

For sale

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Full Cost Breakdown

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Down Payment8.19% · $113,000.00

Min 8.19%50%

Mortgage payment$7,024/mo

↳ CMHC premium ($50,680 capitalized)

Property tax (est.)$810/mo

Condo fee$1,190/mo

Total monthly$9,024

Cash Needed to Close

Down payment (8.19%)$113,000

Land transfer tax$48,150

Est. closing costs$6,640

Total cash needed$167,790

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