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MLS® C13816256For SaleCondominium

7401-388 Yonge St

Bay Street Corridor, Toronto, Ontario M5B 0A4

Map
1 / 20
7401-388 Yonge St, Toronto, photo 1
Asking$818,888
Bedrooms
2
Bathrooms
2
Size
700–799sq ft
Per sq ft
$1,093at the range’s middle
Tax a year
$5,2022026 tax year
Parking
11 underground
Days on market
Members

The brief

About 7401-388 Yonge St

7401-388 Yonge St is a 2-bedroom, 2-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $818,888 (MLS® C13816256).

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.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,845/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 106 condos with 2 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$5,202 / 2026
MLS® number
C13816256
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
700-799 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: FOREST HILL REAL ESTATE INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Bay Street Corridor
Municipality
Toronto

Building

Size
700-799 sqft
Construction
Concrete Block

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
All Existing Appliances: S.S Fridge, S/S Stove, S/S Dishwasher, Stacked Washer & Dryer, Microwave w/Range Hood Combo, Wine Fridge. All Elfs and Window Coverings. Same Floor Locker and 1 parking
Condo maint.
$675

Rooms

RoomSizeFeaturesLevel
Primary3.08 × 3.08 mhardwood floor, Ensuite Bath, Large WindowFlat
2nd Br2.43 × 2.92 mhardwood floor, Large Closet, Sliding DoorsFlat
Living3.23 × 7.28 mhardwood floor, Combined W/Dining, Large WindowFlat
Dining3.23 × 7.28 mhardwood floor, Combined W/Living, Large WindowFlat
Kitchen3.23 × 7.28 mhardwood floor, Open ConceptFlat

Listing history

Buy/sell history for 7401-388 Yonge St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$818,888N/APcC13816256

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $163,778

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$163,778
Total mortgage amount
$655,110
Total interest payment
$465,690
Total purchase cost
$1,284,578
Mortgage payment
$3,736/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

60%

Monthly carrying cost

$4,845
−$1,845per month
  • Rent $3,000
  • Shortfall $1,845

Rental income opens at $3,000, the median asking rent of 106 comparable homes for lease in Bay Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$12,853
Toronto municipal land transfer tax
$12,853
Total land transfer tax
$25,706
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$17,231
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $818,888
$8,378
Ontario total
$12,853

Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,853.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 11 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 10.9 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 22,080 sq ft100 building permits issued within 250 m in the last 2 years21 open development applications within 250 mNearest airport: 2.9 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m54 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 10.9 m below ground nearbyThe middle water level in the well records within 500 m (275 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 100 building permits issued within 250 m in the last 2 years250 m
  • 21 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 2.9 km2.9 km
  • Mapped parcel: about 22,080 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 300 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

By-law

See Former City of Toronto By-Law No. 438-86
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

5 building permits cleared at this address in the City’s file.

  • Sign Building Permit RelatedClosed

    To erect and display one double-sided, illuminated projecting sign displaying static copy, on the easterly elevation of the building, measuring 6.40 m by 2.01 m at a height of 12.04 m. See associated Sign Variance Application No.16-147577 (FP-16-00066). ****AURA***

    Issued October 25, 2018

  • Building Permit Related(MS)Permit Issued

    HVAC - Interior alterations to create new restaurant Pannizza Restaurant (Greater than 30 seats).

    Issued September 23, 2016

  • Building Permit Related(PS)Permit Issued

    Plumbing - Interior alterations to create new restaurant Pannizza Restaurant (Greater than 30 seats).

    Issued September 23, 2016

  • Building Permit Related(FS)Application On Hold

    FS - Sprinkler Shop Drawing - Interior alterations to create new restaurant Pannizza Restaurant (Greater than 30 seats).

    Applied September 21, 2016

  • Interior AlterationsPermit Issued

    Interior alterations to create new restaurant Pannizza Restaurant (Greater than 30 seats).

    Issued September 21, 2016

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 409 YONGE STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 development blocks.


    60 m away

  • 415 YONGE STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 development blocks.


    70 m away

  • 415 YONGE STSite planUnder Review

    Site Plan Control application to facilitate the redevelopment of the site for a 69-storey mixed-use building having a non-residential gross floor area of 6,595 square metres, and a residential gross floor area of 34,424 square metres. 471 residential dwelling units are proposed.


    70 m away

  • 401 YONGE STSite planUnder Review

    Site Plan Application for a 76-storey mixed-use building having 828 dwelling units and a non-residential gross floor area of 191.84 square metres, and a residential gross floor area of 53409.67 square metres.


    80 m away

  • 399 YONGE STSite planUnder Review

    Site Plan Application for a 76-storey mixed-use building having 828 dwelling units and a non-residential gross floor area of 191.84 square metres, and a residential gross floor area of 53409.67 square metres.


    80 m away

  • 9 MC GILL STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 development blocks.


    90 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Bay Street Corridor right now

For sale now
177
Median asking price
$658K

Middle half: $520K to $899K

New in 7 days
22

71 in 28 days

Price cuts
21%

37 listings

This home is asking 24% above the median.

See all homes in Bay Street Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
College StationTTC subway: Line 1 Yonge-University150 m
TMU StationTTC subway: Line 1 Yonge-University350 m
Queen's Park StationTTC subway: Line 1 Yonge-University650 m
Wellesley StationTTC subway: Line 1 Yonge-University650 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Church Street Junior Public SchoolToronto DSBPublic · grades JK–6550 m72%Grade 6 average
St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion650 m99%Grade 6 average
Orde Street Public SchoolToronto DSBPublic · grades JK–8750 m82%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–6950 m96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Native Learning CentreToronto DSBPublic · grades 9–12500 m—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–12550 m86%Grade 9 math
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–12600 m96%Grade 9 math
St Joseph's College SchoolToronto CDSBCatholic · grades 9–12700 m66%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Bay Street Corridor are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson