388 Yonge Street, Toronto, ON
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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 $1,420,000 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
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, ERV/HRV, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Wake up to floor-to-ceiling windows of the best view in Toronto. Designed to capture the breadth of the downtown landscape without being so far away to miss out on the detail and vibe of this great city. This luxury property sits atop one of Canada's tallest skyscrapers in the separate exclusive 388 Yonge St address and has great maintenance fees for a 1475 square feet unit. It's layout is unique within the building and offers an over-sized primary bedroom with huge windows, a large walk-in closet and dual sink ensuite bathroom. Perfectly ideal for entertaining your party in the large main space with a nice bottle of wine from your climate controlled wine fridge built into the island or retreat back to your office in the den and have guests stay in a second bedroom with two closets for storage. No searching for your locker downstairs because it is located right outside the unit on the same floor. Don't have to walk far to your car because the extra-wide parking space is right beside the elevator. The building has hotel like amenities with a games room, theatre room, terrace, party room, billiards room, resident membership to the gym and a well-staffed concierge to accept your packages. Truly a must see in-person!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
Interior Features
Carpet Free, ERV/HRV, Primary Bedroom - Main Floor
Security Features
Security Guard
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 388 Yonge Street 7510, Toronto C01, ON M5B 0A4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,420,000 in Toronto, the legal minimum down payment is $284,000 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 $24,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,875 also applies, bringing the total estimated land transfer taxes to $49,750.
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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.
