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New58 minutes ago

7507 - 388 Yonge Street

Bay Street Corridor, Toronto

$1,489,000

Condo Apartment |
3 | 2 | 2 | 1
About this home

Rare luxury penthouse-style living at Aura Condos (388 Yonge St)! This sprawling 3-bedroom residence offers a sun-drenched, highly functional floor plan with soaring ceilings and floor-to-ceiling windows framing gorgeous unobstructed panoramic city views. The modern chef-inspired kitchen features premium integrated appliances, stone countertops, custom cabinetry, and a large center island-perfect for family living and entertaining. Three generously proportioned bedrooms offer abundant natural light and ample storage, headlined by a primary retreat with a walk-in closet and a spa-like ensuite bathroom. Direct indoor PATH connection to College Subway Station, underground shopping, IKEA, and dining! Steps to Toronto Metropolitan University (TMU), U of T, Financial District, Hospital Row, and the Eaton Centre. World-class 5-star amenities include a 40,000 sq ft fitness facility (Crunch Fitness), 24hr concierge, guest suites, outdoor lounge terrace w/ BBQs, and private party lounges. Includes 2 parking & locker. An exceptional trophy asset in the heart of downtown Toronto!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,300
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$9,415
mls© NumberC13883002
Listed ByCONDOWONG REAL ESTATE INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,621
Property tax
$785
Heat allowance
$150
Condo fees, half counted
$650
Housing costs
$9,206 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $297,800
25-yr amortization

Income needed

$283,000

gross annual household income

Payment at 4%
$6,266 / mo
Cash down
$297,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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