Condos for Sale in Bay St. Corridor, Toronto, ON

Formerly the Ward —a veritable slum — the neighbourhood now known as the Bay St. Corridor has come a long way since the late 19th century. Back then, poor immigrants were forced to live in the Ward prior to finding employment and moving into better neighbourhoods. Today modern Toronto condos for sale in the Bay Street Corridor attract buyers of all types, from high-flying lawyers to budding families.

Bound by Bloor, Gerrard, University, and Yonge, significant accomplishments are made daily in the Bay Street Corridor, between the hospitals, the university campus, and the governmental buildings found within the neighbourhood. While government officials gather at Queen’s Park for meetings, medical and scientific research is procured at Toronto General Hospital, part of the University Hospital Network.

The neighbourhood is also home to MaRS Discovery District, an incubator that helps get technological and scientific businesses off the ground. And last but not least, Bay Street is synonymous with briefcase-wielding workers. Office towers housing businesses of all sorts — from divisions of the Ontario government to corporations and law firms — can be found along this street.

Plus, it’s not only Ontario’s MPPS that make use of Queen’s Park. Just north of the Ontario Legislative Building is a sizeable park, where residents can join in on a protest from time to time, or simply post up for the afternoon with a picnic or a good book. Those who plan to picnic can stock up on groceries at College Park, which contains both a Sobeys Urban Fresh and a Metro. This mall is also home to other useful amenities, such as a Service Ontario, shops like Winners, the Brick, and Dollarama, and a food court.

While franchises and chains have existed in the area for some time now, independent coffee shops are a more recent addition to the neighbourhood. Those thinking about purchasing a Bay Street Corridor condo for sale will likely wind up grabbing their morning brews from Jimmy’s or Hailed Coffee on Gerrard, or Coffee Public at the corner of College and Bay.

Nearly 100 years after the Ward made a name for itself as one of the city’s poorest neighbourhoods, a condo boom managed to revive the area. Contemporary Toronto condos have been popping up in the area since the 1990s, with a large number of the residential buildings built just after the turn of the 21st century.

Today, a surprising amount of condos can be found within this tiny yet dense neighbourhood. The Bay Street Corridor is currently home to over 30 condo buildings, plus many other that are currently being constructed. While some townhouse complexes (and even single-family homes) can be found on east-west side streets, prospective buyers interested in the area are more likely to find soaring condo towers for sale in the Bay Street Corridor than anything else.

The Minto Plaza, completed in 1990, was one of the first modern-day condos to go up in the neighbourhood. With 433 units spread out over 33 storeys, the turnover rate in this long standing building is quite promising for interested buyers. Then there’s the record-breaking Aura Condos at College Park. Built 2015, and with nearly 1000 units and 79 storeys, the Aura is currently the tallest residential building in Canada.

Owning a car most definitely isn’t a prerequisite when purchasing a Bay Street Corridor condo for sale. With both University Avenue and Yonge Street running along either side of the neighbourhood, residents can access numerous subway stations with ease: those living to the east can use College, Wellesley, and Bloor-Yonge Stations on Yonge line, while those living on the west end of the neighbourhood might want to start their journeys at Museum or Queen’s Park Stations on the University-Spadina Line.

As for drivers, anyone living in the Bay Street Corridor will quickly learn that University is a safe bet for north-south travel, thanks to the three lanes allotted to carry cars in either direction. Those heading out on lengthier journeys can use either Yonge or University to reach the 401 to the north, while a southbound trip on Yonge will land drivers at the Gardiner Expressway.

The Locals: A heterogeneous mixture with one thing in common: they’re all true urbanites.

Code of Conduct: Power suits and white coats are the typical workday uniform in this neighbourhood.

What You’ll Find: Some of the most industrious institutions in the city — and the people who work within them.

What You Won’t Find: Trendy, independent boutiques.

The Homes: Dense, soaring towers.

Sealing the Deal: The central locale.