5907 - 388 Yonge Street

Bay Street Corridor, Toronto

5907 - 388 Yonge Street, Bay Street Corridor, Toronto

$1,375,000

Bedrooms: 2

Bathrooms: 2

Living Area: 1,200 sqft

Price Per Sqft: $1,145.83

About this Condo

in Bay Street Corridor, Toronto

600 sq ft of private outdoor space on the 59th floor. South-east views over the entire city with unobstructed views of Lake Ontario and the CN Tower. This is the kind of outdoor space people imagine when they think about owning a penthouse, and it's attached to a 1,290 sq ft suite at Aura. The terrace runs the length of the living, dining room, and primary bedroom and turns the entire south-east corner of the suite into usable outdoor living space, high enough that the city spreads out beneath you in every direction. Most condos this size give you a balcony you can fit a chair on, but this one gives you a second living room in the sky. The suite itself is perfect for entertaining featuring a split two-bedroom layout, hardwood floors, floor-to-ceiling windows and an open concept kitchen with stainless steel appliances and a wine fridge. Primary bedroom has a walk-in closet and 5-piece ensuite, second bedroom has its own double closet and window, fully separated from the primary for privacy. Building amenities include a fitness centre, party room, rooftop deck with BBQs, guest suites, billiards room, theatre room, and full-time concierge, with direct TTC access and the Eaton Centre, hospitals, TMU and University of Toronto minutes away. Terraces this size at this height do not come around often.

Listed by RARE REAL ESTATE.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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