1408 - 386 Yonge Street

Welcome to an exceptional opportunity to own a stunning condo for sale in Toronto , located at 386 Yonge Street, Toronto. This prestigious Aura @ College Park residence is a truly rare find, boasting a unique 2-bedroom, 2-bath suite that offers an extraordinary living experience in the heart of the Bay Street Corridor. With a spectacular 1,125 sq. ft. private south-facing terrace, one of the largest in all of downtown Toronto, this property is a gem that stands out in the bustling city.

As you step inside this remarkable condo for sale in Toronto, you’ll be greeted by an impressive 823 sq. ft. of living space that features a smart split-bedroom layout, ensuring privacy and comfort. The high ceilings at 9 feet create an airy atmosphere, complemented by brand new vinyl flooring that adds a modern touch to the home. The layout is designed with no wasted space, making it perfect for both entertaining guests and enjoying quiet evenings at home.

The kitchen is conveniently located on the ground floor, providing easy access to the rest of the living area. While there is no additional kitchen, the main kitchen is well-equipped for all your culinary needs. This unfurnished apartment allows you to personalise the space to your taste, making it truly your own.

The two well-sized bedrooms provide ample space for relaxation, while the two bathrooms ensure that there’s no waiting around during busy mornings. The condo also includes central air conditioning, keeping you cool during the warmer months, although it does not feature a fireplace or a family room.

One of the standout features of this condo for sale in Toronto is the outdoor oasis that awaits you on the terrace. This private space is perfect for entertaining or simply unwinding after a long day. It comes complete with a hot tub, gas BBQ, patio heater, and flower/vegetable beds, allowing you to create your own little sanctuary in the city. With only four units in the entire building boasting such large terraces, this is a rare offering that you won’t want to miss.

In terms of amenities, this condo is conveniently situated with direct underground access to the College Subway, making commuting a breeze. You’ll also find the Shops at Aura and College Park Mall just steps away, featuring food courts, shopping, and transit options right at your doorstep. The unbeatable location of 386 Yonge Street, Toronto, places you mere moments from the Eaton Centre, the University of Toronto, Toronto Metropolitan University, hospitals, and the vibrant Bloor/Yorkville shops and restaurants. Barbara Ann Scott Park is also nearby, offering a lovely green space for leisurely strolls.

For those who require parking, this condo for sale in Toronto includes one underground garage space, ensuring your vehicle is secure and easily accessible. While there is no central vacuum system or additional land associated with the property, the convenience of urban living in this well-maintained building, which is 11-15 years old, more than makes up for it.

In summary, if you’re seeking a downtown home that truly stands out from the crowd, this condo for sale in Toronto at 386 Yonge Street, Toronto, is an exceptional choice. Whether you’re an end user looking for a stylish urban retreat or an investor seeking a unique property in a prime location, this suite offers everything you need and more. Don’t miss out on this rare opportunity to own a piece of Toronto’s vibrant real estate market!

The Bay Street Corridor, situated in the heart of Toronto, is a vibrant and dynamic geographic area renowned for its bustling urban atmosphere. This locale is characterised by a striking skyline dominated by high-rise condominiums and office buildings, reflecting the city's status as a financial hub. With its proximity to the iconic Toronto Eaton Centre, a myriad of shops, restaurants, and cultural attractions, residents enjoy a lifestyle rich in convenience and entertainment. The area is well-served by public transport, making it easy to navigate the city, while green spaces like Nathan Phillips Square provide a welcome respite from the urban hustle. Overall, the Bay Street Corridor offers a unique blend of modern living and urban energy, appealing to those who thrive in a fast-paced environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Church Street Junior Public School (0.5 km) and Orde Street Public School (0.8 km), both offering English-language instruction for elementary grades, with ratings of 6.4 and 7.1 respectively. For older students, Jarvis Collegiate Institute, also just 0.8 km away, provides education from grades 9 to 12, although it has a lower rating of 5.9. Additionally, Lord Lansdowne Junior Public School, located 1.6 km away, offers a French-language program for grades JK to 8, although it currently has no rating. For those interested in Catholic education, Our Lady of Lourdes Catholic School (1.0 km) and St. Joseph's College School (0.8 km) are nearby, with ratings of 5.5 and 7.6, respectively. Lastly, St. Mary Catholic School, located 2.3 km away, offers a French program for younger grades. Overall, this area provides a diverse range of schooling options, catering to various educational needs and preferences, ensuring that your children have access to quality education close to home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 4,204 residents as of 2021. The average household size is relatively low at 1.7, and the average age of residents is 33.9 years, indicating a youthful population. The average household income stands at $97,900, although 26.1% of the population is classified as low-income. A significant portion of the community, 59.09%, is single, while 28.65% of households include children. The area is notably diverse, with 48.29% of residents being immigrants. Renters make up a substantial 59.68% of the population, and the housing market is predominantly composed of condominiums, accounting for 92.61% of the available properties. Education levels are high, with 81.59% of residents holding a college or university degree. However, 27.68% of the population is not in the labor force, suggesting potential challenges in employment opportunities. The average property price in the area is $926,000, reflecting the desirability of the location despite the significant proportion of renters. Overall, this community exhibits a blend of youthful energy, educational attainment, and a diverse demographic landscape.