Living in Bay Street Corridor
This area is home to Canada’s five big banks, many corporate headquarters, several legal and accounting firms, insurance companies, and the Toronto Stock Exchange (TSX). Most buildings in Toronto’s core are connected by a system of underground walkways—known as the PATH—which is lined with retail establishments, making the area one of the most important shopping districts in Toronto. The main draw continues to be the fine shopping along Bloor Street, including The Manulife Centre, and the high end “Windsor Arms Hotel”.
People in Bay Street Corridor
The area attracts many who work in the financial district, like stockbrokers and investment bankers, as well as those who work in the nearby hospitals and schools (Toronto Metropolitan University—formerly Ryerson University—and the University of Toronto). More than half of residents are in the working ages of 25-64.
Real estate in Bay Street Corridor
Condo development on the south of Bay Street boomed during the ‘90s, and construction continues on large, 40-storey-plus condominiums and multi-use buildings today. The Aura Tower at the corner of Yonge and Gerrard streets was completed in 2014, and is Canada’s largest residential building at 80 storeys.
Must-visit in Bay Street Corridor
- The PATH: Spanning 30 km of underground pathways, this retail hub is a must-see stop while in the area
Real estate stats in Bay Street Corridor
- Total Listings: 432
- Average Price: $1, 453, 600
- Walkscore: 92