388 Yonge Street, Unit 7507, Toronto, ON

$1,489,000
MLS#:C13883002
3 beds
2 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 388 Yonge Street Toronto ON listed at $1,489,000 (MLS# C13883002) - Main View
For Sale
Added:Oct 9, 2026(today)
Updated:Oct 9, 2026(today)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,489,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Ample parking with 2.0 garage spaces (2.0 total parking spaces) with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via electric

Description

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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Property Summary

This condo apartment located at 388 Yonge Street, Toronto is currently for sale and has been available for 0 days. This property is listed at $1,489,000 with an estimated mortgage of $4,956* per month. It has 3 beds, 2 bathrooms, and is 1400-1599 square feet. 388 Yonge Street, Toronto is in the Bay Street Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1400-1599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$1,489,000
Maintenance Fee$1,299.55/mo
AddedOct 9, 2026 (today)
UpdatedOct 9, 2026 (today)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NameCONDOWONG REAL ESTATE INC.

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$9,414.91

Parking & Garage

Parking Total2.0
Parking Space2
Garage Parking2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

  • Clear View
  • Hospital
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom condo apartment at 388 Yonge Street, Unit 7507, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Toronto Homes for Sale & MLS® Listings

Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $4,956*/month*. Estimated Ontario Land Transfer Tax: $52,510. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 388 Yonge Street, Unit 7507, Toronto, ON

Q.What is the asking price for 388 Yonge Street, Unit 7507, Toronto, ON ?

The current listing price for 388 Yonge Street, Unit 7507, Toronto, ON in Bay Street Corridor, Toronto is $1,489,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1400-1599 sqft.

Q.What property type and architectural style is 388 Yonge Street, Unit 7507, Toronto, ON ?

388 Yonge Street, Unit 7507, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 388 Yonge Street, Unit 7507, Toronto, ON offer?

Key property features include: Clear View, Hospital, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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388 Yonge Street, Unit 7507, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Bay Street Corridor, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 388 Yonge Street 7507, Toronto, ON M5B 0A4

Estimated Sales Range
$1,415,000 - $1,459,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$446,700 (30.0%)
* Minimum Canadian down payment required for this price is $297,800.
Amortization Period30 Years
Estimated Monthly Payment$4,956Based on a loan of $1,042,300 over 30 years.
Purchase Price$1,489,000
Loan Amount$1,042,300
Provincial Land Transfer Tax:$26,255
Toronto Municipal Land Transfer Tax:$26,255
Total Estimated Closing Taxes:$52,510

About Purchasing a Home in Toronto, ON

For a property listed at $1,489,000 in Toronto, the legal minimum down payment is $297,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,255 also applies, bringing the total estimated land transfer taxes to $52,510.

Similar Listings in Bay Street Corridor, Toronto

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Bay Street Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$816,748

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bay Street Corridor, Toronto

Elementary Schools

St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Bay Street Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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