602-386 Yonge Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C14080248

$850,000
For Sale
Listed 5 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • 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...
  • 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 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.

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.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14080248
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Yonge / College
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$960/mo
Exposure
South East
Property tax
$6,806 / 2026
Days on market
5
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Dining RoomMain5.56 × 5.03 m

hardwood floor · open concept · combined w/living

KitchenMain5.56 × 5.03 m

granite counters · stainless steel appl · modern kitchen

Bedroom 2Main3.66 × 2.74 m

hardwood floor · large closet · large window

Primary BedroomMain4.27 × 3.05 m

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

DenMain2.51 × 1.83 m

hardwood floor · separate room

Living RoomMain5.56 × 5.03 m

hardwood floor · open concept · se view

Our TakeTeam Asgarian · Broker
A small discount is typical
$825Klikely sale price

Listed at $850,000. 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 $825K, if it sells. A realistic range is $777K to $893K.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 19% above the ask (homes like it typically land between $941K and $1.06M).

Why $1.01M. 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 $6,806 a year; the typical home sold here pays about $3,600.
  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it strongly2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises it slightlyIts maintenance fee is $960 a month; the typical unit sold here pays about $700.
List price
$777KBelow recent closings$893KAbove recent closings

Total price vs nearby homes. Likely closing about $825K, 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
5days on market so far
$3,978/moest. rent · 12 leases
5.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 27 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 $773/sqft against an area asking average of $932/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 $894K. Condition and finishes remain an in-person call.

What the listing highlights3 points 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
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.

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 · 0.6 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Sr) School · Catholic secondary0.6 km · 98% at standard
Native Learning Centre · Public secondary0.6 km
St Michael's Choir (Jr) School · Catholic elementary0.6 km · 98% at standard
Orde Street Public School · Public elementary0.7 km · 76% at standard
St Joseph's College School · Catholic secondary0.7 km · 76% at standard
Contact Alternative School School · Public secondary0.8 km
Jarvis Collegiate Institute · Public secondary0.9 km · 57% at standard
Heydon Park Secondary School · Public secondary1.0 km · 8% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.0 km
Subway Academy II · Public secondary1.0 km
Beverley School · Public elementary1.0 km
Winchester Junior and Senior Public School · Public elementary1.3 km · 76% at standard

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

Affordability & Mortgage

Affordability
$3,874/mo
$188KIncome needed
4.5×Price ÷ income
$894Weekly cost
$26,950Land 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.

72%mortgage
Mortgage $3,874Property tax $567Condo fee $960Total carry $5,402

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)
$3,760per month

Mortgage amount $680,000 · 4.49% over 25 years

$170,000Down payment (20.0%)
$680,000Loan before insurance
$0CMHC premium
$5,287Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,760
Property tax
$567
Condo / maintenance fees
$960
Heating
$0
Estimated monthly cost
$5,287

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

One-time closing costs

Ontario land transfer tax
$13,475
Toronto municipal land transfer tax
$13,475
Estimated closing costs
$26,950

Plus your down payment of $170,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,551/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

$447,951Total interest paid
$1,127,951Total of all payments
Principal $680,000 Interest $447,951
YearPrincipalInterestBalance
1$15,175$29,943$664,825
2$15,864$29,254$648,962
3$16,584$28,534$632,378
4$17,337$27,781$615,041
5$18,124$26,994$596,917
6$18,947$26,171$577,970
7$19,807$25,311$558,162
8$20,707$24,411$537,456
9$21,647$23,471$515,809
10$22,630$22,488$493,179
11$23,657$21,461$469,522
12$24,731$20,387$444,791
13$25,854$19,264$418,937
14$27,028$18,090$391,909
15$28,255$16,863$363,653
16$29,538$15,580$334,115
17$30,879$14,239$303,236
18$32,281$12,837$270,955
19$33,747$11,371$237,208
20$35,279$9,839$201,929
21$36,881$8,237$165,047
22$38,556$6,562$126,492
23$40,306$4,812$86,186
24$42,136$2,982$44,049
25$44,049$1,069$0

At the end of your 5-year term

Total paid over the term
$225,590
Principal paid down
$83,083
Interest paid
$142,507
Balance remaining
$596,917

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 12 whole-home leases in Bay Street Corridor$3,978/mo
$47,736Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,779 to $4,177Typical 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 12 whole-home leases in Bay Street Corridor signed at a median of $3,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,978. 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.

5.6%
Gross yield
− Property tax $6,806− Condo fees $11,525− Insurance $600− Vacancy & upkeep $5,251Net operating income $23,554

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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