3509-386 Yonge Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13748666

$826,000
For Sale
Listed 44 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Aura Condo 2Br, 859 Sq + Balcony, 2 Bath, Spacious & Bright Suite.
  • Modern Style, Floor To Ceiling Windows, 9 Ft Ceiling, Open Concept, Granite Kitchen Counter Top, Large Ensuite Locker.
  • Fitness Centre, 24Hrs Concierge, Path, Eaton Ctr...

Aura Condo 2Br, 859 Sq + Balcony, 2 Bath, Spacious & Bright Suite. With Breathtaking View Of South & West Lake & City. Highest Residential Condo Over The City. A Sleek & Sculpted Monument Of Glass & Stone, The Ultimate In Luxurious Downtown Living. Modern Style, Floor To Ceiling Windows, 9 Ft Ceiling, Open Concept, Granite Kitchen Counter Top, Large Ensuite Locker. Fitness Centre, 24Hrs Concierge, Path, Eaton Ctr...

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13748666
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Yonge/Gerrard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$976/mo
Exposure
South
Property tax
$5,333 / 2026
Days on market
44
Listing brokerage
MASTER`S CHOICE REALTY INC.

Rooms

Primary BedroomMain3.96 × 3.05 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

LockerMain

Enclosed

Dining RoomMain7.62 × 3.05 m

hardwood floor · combined w/living · open concept

LaundryMain

Enclosed

KitchenMain7.62 × 3.05 m

hardwood floor · stainless steel appl · corian counter

Bedroom 2Main3.05 × 2.44 m

hardwood floor · closet

Living RoomMain7.62 × 3.05 m

hardwood floor · combined w/living · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$801Klikely sale price

Listed at $826,000. Going by how homes in Bay Street Corridor have actually closed against their asking prices (about 97%, 105 local closings in 90 days), the likely sale price is near $801K, if it sells. A realistic range is $754K to $867K.

Independent value check: $742K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $690K and $780K).

Why $742K. The typical condo sold in Bay Street Corridor over the past year went for about $594K (447 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,333 a year; the typical home sold here pays about $3,600.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
List price
$754KBelow recent closings$867KAbove recent closings

Total price vs nearby homes. Likely closing about $801K, from 105 recent closings in this pocket.

The market behind the math:

105sold nearby · 90 days
$533Kmedian sold price
96%of asking, on average
−22%prices vs a year ago
~29 dayshomes like this take to sell
44days on market so far
$3,360/moest. rent · 16 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 53 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $972/sqft against an area asking average of $888/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $726K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 16 homes sold in this building over the past 14 months, from 500 closings in Bay Street Corridor.

What sellers nearby are askingCurrently listed nearby in Bay Street Corridor · asking prices
$814kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $988/sqft; this home lists at $972/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
826kThis home840k839k750k850k789kThis home vs active comparables

Sold price trend

Median sold price for condos in Bay Street Corridor: $530K in September 2026, down 13% from a year ago, on 436 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$720K29
November 2025$587K33
December 2025$569K18
January 2026$632K21
February 2026$550K23
March 2026$570K39
April 2026$610K48
May 2026$645K52
June 2026$645K47
July 2026$548K60
August 2026$515K33
September 2026$530K33

Neighbourhood & location

Bay Street Corridor, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$529K
North St. James Town
$765K
Kensington-Chinatown
$585K
Waterfront Communities C8
$554K
Waterfront Communities C1
$610K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Native Learning Centre · Public secondary0.5 km
St Michael's Choir (Sr) School · Catholic secondary0.6 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary0.6 km · 98% at standard
St Joseph's College School · Catholic secondary0.7 km · 76% at standard
Orde Street Public School · Public elementary0.8 km · 76% at standard
Jarvis Collegiate Institute · Public secondary0.8 km · 57% at standard
Contact Alternative School School · Public secondary0.9 km
St Martin Catholic School(OL of Lourdes · Catholic elementary0.9 km
Heydon Park Secondary School · Public secondary1.1 km · 8% at standard
Subway Academy II · Public secondary1.1 km
Beverley School · Public elementary1.1 km
Winchester Junior and Senior Public School · Public elementary1.2 km · 76% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,765/mo
$180KIncome needed
4.6×Price ÷ income
$869Weekly cost
$25,990Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

73%mortgage
Mortgage $3,765Property tax $444Condo fee $976Total carry $5,185

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,654per month

Mortgage amount $660,800 · 4.49% over 25 years

$165,200Down payment (20.0%)
$660,800Loan before insurance
$0CMHC premium
$5,074Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,654
Property tax
$444
Condo / maintenance fees
$976
Heating
$0
Estimated monthly cost
$5,074

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,995
Toronto municipal land transfer tax
$12,995
Estimated closing costs
$25,990

Plus your down payment of $165,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,422/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$435,303Total interest paid
$1,096,103Total of all payments
Principal $660,800 Interest $435,303
YearPrincipalInterestBalance
1$14,746$29,098$646,054
2$15,416$28,428$630,638
3$16,116$27,728$614,522
4$16,847$26,997$597,675
5$17,612$26,232$580,062
6$18,412$25,432$561,650
7$19,248$24,596$542,402
8$20,122$23,722$522,280
9$21,036$22,809$501,245
10$21,991$21,853$479,254
11$22,989$20,855$456,265
12$24,033$19,811$432,232
13$25,124$18,720$407,108
14$26,265$17,579$380,843
15$27,457$16,387$353,386
16$28,704$15,140$324,681
17$30,007$13,837$294,674
18$31,370$12,474$263,304
19$32,794$11,050$230,510
20$34,283$9,561$196,227
21$35,840$8,004$160,387
22$37,467$6,377$122,920
23$39,168$4,676$83,752
24$40,947$2,898$42,806
25$42,806$1,038$0

At the end of your 5-year term

Total paid over the term
$219,221
Principal paid down
$80,738
Interest paid
$138,483
Balance remaining
$580,062

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 16 whole-home leases in Bay Street Corridor$3,360/mo
$40,320Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,192 to $3,527Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 16 whole-home leases in Bay Street Corridor signed at a median of $3,225 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,360. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.9%
Gross yield
− Property tax $5,333− Condo fees $11,709− Insurance $600− Vacancy & upkeep $4,435Net operating income $18,243

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S CHOICE REALTY INC.. MLS®/PropTx.

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