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Bay Street Corridor


Toronto’s Bay Street Corridor neighbourhood is best known as the heart of Canada’s financial sector. It is defined by University Avenue and Simcoe Street on the west, Bloor Street on the north, Yonge Street on the east and Front Street on the south.

One particular intersection, King Street at Bay is the epicenter of Canada’s banking sector with four of five major Canadian banks staking a corner for their corporate office towers. These banks are the Toronto-Dominion Bank, Bank of Montreal, Canadian Imperial Bank of Commerce and Scotiabank.

Bay Street Corridor homes are predominantly high-end condominiums in residential high-rises with a variety of amenities. Many of the condominium towers are considered mixed-use, with retail and office spaces on the street level and in the lower floors while other buildings are exclusively residential with concierge services. A few lower-density townhouse developments are situated on the fringes of the Bay Street Corridor.

The area attracts executives and office workers of Toronto’s financial district as well as workers from the nearby hospital district and students attending the University of Toronto’s downtown campus. This neighbourhood is highly walkable. Most residences are within walking distance of restaurants, cafes, St Lawrence Market and the upscale shops on Bloor Street. Some of the towers have direct access to the subway or to shopping malls.

New condominium developments and conversions continue to dominate the Bay Street area. First Canadian Place and Trump International Hotel and Tower are among the world’s tallest structures. Both buildings are distinctively upmarket, mixed-use developments.

Being in the heart of metropolitan Toronto, this neighbourhood is never wanting for entertainment and recreational choices. Air Canada Centre is a massive, multipurpose sports arena that is home to the Toronto Maple Leaf Hockey Club and the basketball team Toronto Raptors. Also sharing the space is Toronto Rock, a National Lacrosse League champion many times over.

Restaurants and private clubs catering to denizens of the Toronto Stock Exchange and the myriad law offices and finance specialists abound in the Bay Street area. CN Tower, Royal Ontario Museum and a host of galleries and performance venues are part of the Bay Street cityscape.

Toronto's Bay Street area is the place where work, leisure and elegant living come together.

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ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE 386 Yonge St, Toronto

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