3414 - 386 Yonge Street

Welcome to your dream apartment for sale in Toronto , nestled in the vibrant Bay Street Corridor at 386 Yonge Street, Toronto. This stunning one-bedroom condo apartment is part of the renowned Aura Condo, known as one of the tallest residential buildings in Canada. With its prime location at the bustling intersection of Yonge and Gerrard, this property offers direct access to the Yonge/College subway station, making commuting a breeze.

As you step into this lovely apartment for sale in Toronto, you’ll immediately notice the spaciousness created by the impressive nine-foot ceilings. The apartment features a total of four rooms, including a well-appointed main kitchen that is perfect for whipping up your favourite meals. Although there’s no den or additional kitchen, the layout is designed to maximise comfort and functionality, ensuring you have everything you need right at your fingertips.

The bedroom is designed to be a serene retreat, providing a peaceful space to unwind after a long day. With one bathroom available, it’s perfectly suited for individuals or couples looking for a modern living experience. While the apartment does not come furnished, this allows you the freedom to personalise the space to reflect your own style and taste.

One of the standout features of this apartment for sale in Toronto is the breathtaking and unobstructed panoramic views of the city skyline, including the iconic CN Tower. Imagine sipping your morning coffee on your generous 17 by 5 feet open balcony, which offers a splendid 85 square feet of outdoor space to enjoy the fresh air and stunning vistas.

In terms of amenities, this apartment boasts central air conditioning, ensuring you stay cool during the warmer months. However, it’s worth noting that there is no fireplace or pool in the building. Additionally, there is no central vacuum system, but the apartment is designed for easy maintenance. Internet connectivity is available, making it convenient for those who work from home or enjoy streaming their favourite shows.

The building itself is constructed from durable concrete, reflecting modern architectural styles while providing a solid and secure living environment. At 11 to 15 years old, the Aura Condo has matured beautifully, blending contemporary design with a sense of established community.

Living at 386 Yonge Street, Toronto, means you are surrounded by a wealth of amenities. You’ll find a variety of retail shops, a food court, banks, and hospitals all within easy reach. Parks are also nearby, offering green spaces for relaxation and recreation. Plus, the proximity to the University of Toronto and Toronto Metropolitan University makes this apartment an ideal choice for students or faculty members.

Parking is available in the underground garage, although this apartment does not come with a designated parking space. This is a small trade-off considering the unbeatable location and the ease of access to public transport.

In summary, if you’re searching for an apartment for sale in Toronto that combines luxury, convenience, and stunning views, look no further than this gem at 386 Yonge Street, Toronto. With its modern features, central location, and vibrant community, this one-bedroom condo is a fantastic opportunity for anyone looking to embrace the dynamic lifestyle that Toronto has to offer. Don’t miss out on the chance to make this apartment your new home!

Bay Street Corridor is a vibrant and dynamic neighbourhood nestled in the heart of downtown Toronto, characterised by its striking skyline and a blend of modern high-rises and historic architecture. This area is renowned for its bustling financial district, making it a hub for professionals and businesses alike. Residents enjoy easy access to an array of amenities, including upscale dining, trendy cafes, and boutique shops, all within walking distance. The proximity to cultural landmarks, such as the Art Gallery of Ontario and the Royal Alexandra Theatre, adds to its appeal, while excellent public transport links ensure seamless connectivity to the rest of the city. With its lively atmosphere and diverse population, the Bay Street Corridor offers a unique urban lifestyle that is both convenient and enriching.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it an excellent choice for families. Within a short distance of just 0.5 km, Church Street Junior Public School offers a solid foundation for elementary education from JK to grade 6, with a school rating of 6.4. Orde Street Public School, located 0.8 km away, provides education from JK to grade 8 and boasts a higher rating of 7.1. For secondary education, Jarvis Collegiate Institute is also 0.8 km from the property, serving grades 9 to 12 with a rating of 5.9. Additionally, St. Joseph's College School, a Catholic institution for grades 9 to 12, is just 0.8 km away and has a commendable rating of 7.6. Other nearby schools include Lord Lansdowne Junior Public School and Our Lady of Lourdes Catholic School, which cater to younger students. The diverse options, including public and Catholic schools, provide a variety of educational pathways in both English and French. Overall, this location offers a supportive and enriching environment for students, making it a prime consideration for potential buyers with children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 4,204 residents, characterized by an average household size of 1.7 individuals. The community has a youthful demographic with an average age of 33.9 years. Economic indicators show an average household income of $97,900, although 26.1% of the population is classified as low-income. The real estate market is robust, with an average property price of $926,000, and a significant portion of the population, 59.68%, are renters, predominantly living in condominiums, which make up 92.61% of housing types in the area. Socially, the community is diverse, with 48.29% of residents being immigrants and 59.09% identifying as single. Families with children represent 28.65% of households. Education levels are notably high, with 81.59% of the population holding a college or university degree. However, a considerable 27.68% of residents are not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a vibrant, educated, and diverse community, though it also faces economic disparities.