388 Yonge Street 7507, Toronto C01

$1,489,000
388 Yonge Street 7507

$1,489,000

New
14d
Condo ApartmentApartment

388 Yonge Street 7507, Toronto C01

Total Monthly Obligation $8,290

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1400-1599
DOM
14d
Score
17
Yield
5.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-C13883002
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$9,414.91 (2026)
Maintenance-$1,299.55/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-CONDOWONG REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

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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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,191,200
Land Transfer Taxes$26,255
Legal Fees (Est.)
$
Total cash required for closing$325,555

Total Monthly Obligation

$8,290/mo
Mortgage $6,006
Monthly Loss $6,710
Principal$1,581
Interest$4,426
Property Tax$785
Condo Fees$1,300
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%27
10-Year IRR
9.7%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$79,068/yr
NOI
$43,752/yr
Net Cash Flow
-$2,360/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
14.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 388 Yonge Street 7507

Time

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Data last updated within the past 24 hours.