This downtown district is the prime location for so many of Toronto’s premier developments – Bay Street is the place to be!
Bay Street is known for being the financial heart of Toronto’s (and Canada’s) economy, but this area has quickly become a residential heartland for downtown denizens and investors alike. The area itself stretches all along Bay, from Front to Bloor Street, and encompasses one block to the east and west of Bay, as well.
Thanks to being right in the heart of downtown Toronto, pretty much every residence along Bay Street is gifted with amazing access to the rest of the city. Not only are you already right downtown, there’s a plethora of streetcar routes, subway stops, and busses which take residents north, south, east, and west. There’s also access to Union Station, with Via Rail, GO Trains, and the UP Express all the way to Pearson Airport.
The Local Homes
Condos, condos, condos! Bay Street is known for having some of Toronto’s most ambitious condominium projects. That’s why investors love this area; it seems like a new project is being announced every day. First-time buyers, investors, and professional couples can all be found looking for their next big purchase along Bay Street.
It used to be that Bay Street was a ghost town following the closing bell, but now this stretch of downtown is alive all day and all night. At Bay and Dundas, you’ll find Toronto’s newly-ordained “Little Tokyo” with its collection of fantastic restaurants. The area is also defined by easy access to amenities big and small (from ServiceCanada offices to grocery stores in the underground PATH network). It’s convenient and it’s stylish – it’s downtown Toronto.
Bay Street Corridor Stats
October 2022 | Monthly