503-386 Yonge Street, Toronto, ON

Bay Street Corridor, Toronto · MLS® C14084208

$725,000
For Sale
Listed 4 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Live in the iconic Aura at College Park and experience luxury living in the heart of downtown Toronto.
  • This bright and spacious 1-bedroom plus large den suite offers approximately 763 sqft of thoughtfully designed living space, complemented by an incredible 400 sqft...
  • Featuring a functional open-concept layout, this beautifully maintained suite showcases a modern kitchen with centre island and dining area, two full spa-inspired...
  • Easy access to all the amenities on the same level. lResidents enjoy direct indoor access to the TTC subway, IKEA, and a fitness centre, while being just steps from...

Live in the iconic Aura at College Park and experience luxury living in the heart of downtown Toronto. This bright and spacious 1-bedroom plus large den suite offers approximately 763 sqft of thoughtfully designed living space, complemented by an incredible 400 sqft private terrace, perfect for outdoor dining, entertaining, or simply relaxing. The terrace comes complete with BBQ Grill and patio furniture for residents to enjoy. Featuring a functional open-concept layout, this beautifully maintained suite showcases a modern kitchen with centre island and dining area, two full spa-inspired bathrooms, a king-sized primary bedroom with a stylish 4-piece ensuite, ensuite storage, elegant LED pot lights throughout, new laminate flooring, and a new stacked washer and dryer. The spacious den can easily accommodate a single bed, making it ideal as a guest room, home office, or flexible living space. Easy access to all the amenities on the same level. lResidents enjoy direct indoor access to the TTC subway, IKEA, and a fitness centre, while being just steps from College Park, Eaton Centre, Toronto Metropolitan University, University of Toronto, major hospitals, Queen's Park, 24-hour supermarkets, restaurants, cafes, and endless shopping and entertainment options. A rare opportunity to live in a spacious downtown home with exceptional outdoor space in one of Toronto's most sought-after luxury residences.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14084208
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge St / Gerrard St W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$725/mo
Exposure
East
Property tax
$5,133 / 2025
Days on market
4
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

DenMain2.74 × 1.98 m

hardwood floor · led lighting · separate room

BathroomMain

ceramic floor · 3 pc bath

LockerUpper

concrete floor · separate room

Primary BedroomMain5.79 × 2.78 m

hardwood floor · 4 pc ensuite · large closet

BathroomMain

ceramic floor · 4 pc ensuite · combined w/primary

FoyerMain3.81 × 1.24 m

hardwood floor · mirrored closet · 3 pc bath

LockerMain

ceramic floor · enclosed · separate room

KitchenMain8.44 × 2.77 m

hardwood floor · modern kitchen · centre island

Living RoomMain8.44 × 2.77 m

hardwood floor · combined w/dining · w/o to terrace

Dining RoomMain8.44 × 2.77 m

hardwood floor · led lighting · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Bay Street Corridor · asking prices
$609kavg 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 $886/sqft; this home lists at $967/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
725kThis home679k629k569k599k569kThis home vs active comparables

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.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
North St. James Town
$649K
Moss Park
$549K
Waterfront Communities C1
$691K

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
$3,304/mo
$157KIncome needed
4.6×Price ÷ income
$763Weekly cost
$21,950Land 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.

74%mortgage
Mortgage $3,304Property tax $428Condo fee $725Total carry $4,457

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,207per month

Mortgage amount $580,000 · 4.49% over 25 years

$145,000Down payment (20.0%)
$580,000Loan before insurance
$0CMHC premium
$4,360Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,207
Property tax
$428
Condo / maintenance fees
$725
Heating
$0
Estimated monthly cost
$4,360

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

One-time closing costs

Ontario land transfer tax
$10,975
Toronto municipal land transfer tax
$10,975
Estimated closing costs
$21,950

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,881/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

$382,076Total interest paid
$962,076Total of all payments
Principal $580,000 Interest $382,076
YearPrincipalInterestBalance
1$12,943$25,540$567,057
2$13,531$24,952$553,526
3$14,145$24,338$539,381
4$14,787$23,696$524,594
5$15,459$23,024$509,135
6$16,161$22,322$492,974
7$16,894$21,589$476,080
8$17,662$20,821$458,418
9$18,463$20,020$439,955
10$19,302$19,181$420,653
11$20,178$18,305$400,475
12$21,094$17,389$379,380
13$22,052$16,431$357,328
14$23,053$15,430$334,275
15$24,100$14,383$310,175
16$25,194$13,289$284,981
17$26,338$12,145$258,643
18$27,534$10,949$231,108
19$28,784$9,699$202,324
20$30,091$8,392$172,233
21$31,457$7,026$140,776
22$32,886$5,597$107,890
23$34,379$4,104$73,511
24$35,940$2,543$37,572
25$37,572$911$0

At the end of your 5-year term

Total paid over the term
$192,415
Principal paid down
$70,865
Interest paid
$121,550
Balance remaining
$509,135

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
Estimate$2,400/mo
$28,800Gross annual rent
1.5%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $5,133− Condo fees $8,697− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,202

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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