7401-388 Yonge Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C13816256

$838,888
For Sale
Listed 28 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Experience Elevated Urban Living In This Executive Residence Located On The 74th Floor Of Aura At College Park-A Landmark High-Rise In Downtown Toronto.
  • Offering Approximately 786 Sq.
  • Of Interior Space, This Bright 2-Bedroom, 2-Bathroom Suite Features 9-Ft Ceilings, Floor-To-Ceiling Windows, And Unobstructed Views.
  • The Open-Concept Kitchen Includes A Centre Island And Stainless Steel Appliances.
  • The Primary Bedroom Features A 4-Piece Ensuite Bathroom.

Experience Elevated Urban Living In This Executive Residence Located On The 74th Floor Of Aura At College Park-A Landmark High-Rise In Downtown Toronto. Offering Approximately 786 Sq. Ft. Of Interior Space, This Bright 2-Bedroom, 2-Bathroom Suite Features 9-Ft Ceilings, Floor-To-Ceiling Windows, And Unobstructed Views.The Home Features An Upgraded Centre Island And Custom Pot Lighting Installed By Owner, Adding A Modern And Refined Touch Throughout. The Open-Concept Kitchen Includes A Centre Island And Stainless Steel Appliances. The Primary Bedroom Features A 4-Piece Ensuite Bathroom. Front-Load Washer And Dryer Are Included. One Underground Parking Space Is Included.Residents Enjoy Access To Building Amenities Including A Fitness Centre, 24-Hour Concierge And Security, Party And Meeting Rooms, And On-Site Retail And Everyday Conveniences Within The Building Complex.Conveniently Located Steps To Toronto Metropolitan University, University Of Toronto, Major Hospitals, The Financial District, CF Toronto Eaton Centre, Restaurants, And Shopping.One Of Toronto's Rarest 74th-Floor Residences - A Truly Elevated Living Experience.A Rare Opportunity To Own A High-Floor Residence In One Of Downtown Toronto's Most Recognized Addresses.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13816256
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge/Gerrard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Block
Maintenance
$675/mo
Exposure
North
Property tax
$5,202 / 2026
Days on market
28
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

KitchenFlat7.28 × 3.23 m

hardwood floor · open concept

Primary BedroomFlat3.08 × 3.08 m

hardwood floor · ensuite bath · large window

Dining RoomFlat7.28 × 3.23 m

hardwood floor · combined w/living · large window

Living RoomFlat7.28 × 3.23 m

hardwood floor · combined w/dining · large window

Bedroom 2Flat2.92 × 2.43 m

hardwood floor · large closet · sliding doors

Our TakeTeam Asgarian · Broker
A small discount is typical
$814Klikely sale price

Listed at $838,888. Going by how homes in Bay Street Corridor have actually closed against their asking prices (about 97%, 104 local closings in 90 days), the likely sale price is near $814K, if it sells. A realistic range is $767K to $881K.

Independent value check: $692K. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $644K and $727K).

Why $692K. 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 $5,202 a year; the typical home sold here pays about $3,600.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
List price
$767KBelow recent closings$881KAbove recent closings

Total price vs nearby homes. Likely closing about $814K, from 104 recent closings in this pocket.

The market behind the math:

104sold nearby · 90 days
$533Kmedian sold price
97%of asking, on average
−23%prices vs a year ago
~29 dayshomes like this take to sell
28days on market so far
$3,225/moest. rent · 5 leases
4.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 63 condo apartment homes for sale in the area against 104 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 $1,119/sqft against an area asking average of $913/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 104 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $722K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 5 homes sold in this building over the past 14 months, from 500 closings in Bay Street Corridor.

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
$613K
Moss Park
$633K
Waterfront Communities C1
$750K
Waterfront Communities C8
$570K
Niagara
$619K

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
$3,823/mo
$176KIncome needed
4.8×Price ÷ income
$882Weekly cost
$26,506Land 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.

78%mortgage
Mortgage $3,823Property tax $434Condo fee $675Total carry $4,931

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)
$3,711per month

Mortgage amount $671,110 · 4.49% over 25 years

$167,778Down payment (20.0%)
$671,110Loan before insurance
$0CMHC premium
$4,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,711
Property tax
$434
Condo / maintenance fees
$675
Heating
$0
Estimated monthly cost
$4,819

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

One-time closing costs

Ontario land transfer tax
$13,253
Toronto municipal land transfer tax
$13,253
Estimated closing costs
$26,506

Plus your down payment of $167,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,491/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

$442,095Total interest paid
$1,113,205Total of all payments
Principal $671,110 Interest $442,095
YearPrincipalInterestBalance
1$14,976$29,552$656,134
2$15,656$28,872$640,478
3$16,367$28,161$624,111
4$17,110$27,418$607,000
5$17,887$26,641$589,113
6$18,699$25,829$570,414
7$19,548$24,980$550,865
8$20,436$24,092$530,429
9$21,364$23,164$509,066
10$22,334$22,194$486,732
11$23,348$21,180$463,384
12$24,408$20,120$438,976
13$25,516$19,012$413,460
14$26,675$17,854$386,785
15$27,886$16,642$358,899
16$29,152$15,376$329,747
17$30,476$14,053$299,272
18$31,859$12,669$267,413
19$33,306$11,222$234,107
20$34,818$9,710$199,289
21$36,399$8,129$162,890
22$38,052$6,477$124,838
23$39,779$4,749$85,059
24$41,585$2,943$43,474
25$43,474$1,055$0

At the end of your 5-year term

Total paid over the term
$222,641
Principal paid down
$81,997
Interest paid
$140,644
Balance remaining
$589,113

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 5 whole-home leases in Bay Street Corridor$3,225/mo
$38,700Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,838 to $3,612Typical 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 5 whole-home leases in Bay Street Corridor signed at a median of $4,100 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,225. 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.

4.6%
Gross yield
− Property tax $5,202− Condo fees $8,095− Insurance $600− Vacancy & upkeep $4,257Net operating income $20,546

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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