$850,000

For sale

#602 386 Yonge Street, Toronto (Bay Street Corridor) - Single Family for Sale

#602 386 Yonge Street, Toronto (Bay Street Corridor), Ontario, M5B0A5

3 beds2 baths1 parking1,100 ft²$960/mo condo feeListed 20 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 20 days, fresher than the Toronto average of 60 days.

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Description

Located in the landmark Aura at College Park, this approx 1,050+ sq.ft. suites offers a practical and well-designed layout with 2 bedrooms and 2 full bathrooms with plenty of room to live and work. The open-concept living space includes a functional kitchen with stainless steel appliances and a centre island, ideal for cooking and casual dining. Hardwood floors run throughout, and a separate locker provides extra storage. A bright and spacious unit in a highly convenient downtown location. Enjoy direct underground access to the TTC and PATH system, plus the convenience of being just steps to restaurants, shopping, and entertainment. A great opportunity to own in one of Toronto's landmark buildings. Aura soars 79 storeys above the city skyline, with The Shops at Aura located right on the lower levels. Its underground network connects directly to College Park, 777 Bay Street and College Subway Station, making everyday travel effortless. Residents enjoy unmatched convenience with easy access to Toronto's major universities and world-class hospitals. Aura also boasts an impressive lineup of luxury amenities, including a state-of-the-art fitness centre - eliminating the need for an outside gym membership. Life here means everything you need is just steps away. Without even going outdoors, you can shop, renew your driver's license, pick up groceries, or enjoy dinner out. (id:66096)

Property Details

MLS®: C14080248
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $960/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,806.05/yr
Listed: 20 days ago

Rooms

Main level

Living room: 5.56 x 5.03 meters
Dining room: 5.56 x 5.03 meters
Kitchen: 5.56 x 5.03 meters
Primary Bedroom: 4.27 x 3.05 meters
Bedroom 2: 3.66 x 2.74 meters
Den: 2.51 x 1.83 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Elevator

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$773

List price

$850K

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 3-bed single family in Toronto (Bay Street Corridor) has been listed for 20 days, which is 40 days fresher than the city average of 60. Act while there is still low competition.

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · MARCO CHIAPPETTA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5B)

This home lists at $850,000, about 14.7× the local median household income of $58,000.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 186% 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)

$850,000· $773/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $60,000

Min 7.06%50%

Mortgage payment$4,380/mo

↳ CMHC premium ($31,600 capitalized)

Property tax (est.)$567/mo

Condo fee$960/mo

Total monthly$5,908

Cash Needed to Close

Down payment (7.06%)$60,000

Land transfer tax$26,950

Est. closing costs$5,050

Total cash needed$92,000

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