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Bay Street Corridor

bay-street-corridorBay Street Corridor also known as Bay Corridor is Toronto’s most prime areas for long-term commercial real estate. Recently seeing a small uprise of high-end condominium developments, Bay Street still stands as the core area for Lawyers, Accountants and Financial firms to strive as a strong ecosystem. The Bay Corridor is easily connected to the underground PATH and TTC system making it virtually minutes from Yorkville and College Park. Being a densely populated area, one advantage of this is being in close proximity to the Financial District and Hospital District to Ryerson, UofT and more.

 

 

 

 

 


A Spotlight On Bay Street Corridor

 

If you are looking for a prestigious address in Toronto, then Bay Street Corridor is an area worthy of consideration. It is located in close proximity to the Financial District, the Discovery District, the Hospital District and Toronto City Hall. It is also located close to the campuses of the University of Toronto and Ryerson University and Yonge Street, the major arterial route connecting Lake Ontario to Lake Simcoe.

 

Previously known as St. John’s Ward, Bay Street Corridor became one of the brightest stars of the Toronto property market in 1827 with the founding of King's College; King's College has later renamed the University of Toronto. Today, few locations can rival the hive of local amenities that Bay Street Corridor has to offer. Local attractions include Bay Street, with its retail experience and a wide range of choices for food and drink and Queen's Park, located off University Avenue. Combine this with the attractions of the nearby Downtown Yonge and Bloor-Yorkville area and one can see why Bay Street Corridor is a vibrant and prestigious area of Toronto. The neighborhood is also well connected from a transport perspective whereby commuting is straightforward with a number of different bus routes and streetcar lines serving the area. There are also subway stops every few blocks.

 

As for housing in Bay Street Corridor, residential accommodation here is steeply skewed in favor of high-rise condominium buildings. The area boasts an eclectic mix of properties with styles to suit all tastes. Most of these buildings have been built in the last 20 years and feature 24-hour concierge as well as recreational amenities. This makes Bay Street Corridor a truly a golden postcode for luxury properties in the city. If you are looking to buy, properties here are highly sought after and tend not to remain on the market for long.

 

And finally, for any parent who is considering a move, the quality of schools in the area they are moving to is a major consideration. Bay Street Corridor properties fall in the catchment area of a range of good educational institutions- a mix of private, public and independent establishments. The area is also home to much of the University of Toronto and part of Ryerson University. Closer to the campuses, much of the housing is aimed at students. The properties are therefore smaller and designed to comfortably aid both concentration and organization.

1 Thousand Bay is a new condo project by Cresford Developments estimated to be completed in 2015. Prices starting from $290,900 to $950,900, with an above average price price per square foot of $680. The 32 storey luxury high-rise features 400 mixed studio, 1 to 3 bedroom units. 1000 Bay's features vivid open concept views, large balconies and modern luxury finishes appropriately suited for the overall professional status of the design. Amenities will include high end studio gym facilities, 24-hour concierge and a Rooftop Terrace. 1 Thousand Bay will be completed in 2015 and is currently under construction at 990 Bay Street in (Financial District) Toronto.

 

Condo Facts

  • Price Range $290,900 - $950,900
  • Square Footage 321 Sqft - 874 Sqft
  • Move In 2015, MOVE IN NOW
  • Maintenance Fees $0.51 per sqft
  • Floors 32
  • Units 400
  • Neighbourhood Bay St. Corridor
  • Parking Cost $65,000
  • Lifestyle High-rise, Luxury
Located in Toronto

43 Gerrard Condos is a new condo project in city planning. The project carries an estimated total of 600 suites at 50 storeys. 43 Gerrard will be located at 43 Gerrard Street West in Toronto.

 

Condo Facts

  • Price Range N/A - N/A
  • Square Footage N/A - N/A
  • Move In N/A
  • Maintenance Fees N/A
  • Floors 50
  • Units 640
  • Neighbourhood Bay St. Corridor
  • Parking Cost N/A
  • Lifestyle High-rise
Located in Toronto

77 Charles West is a new condo development by Aspen Ridge Homes. Prices are estimated to be starting at $1,500,000+ and will have a total of 56 units at 16 stories. The project is estimated to be completed in 2021 and will be located on 77 Charles West in Toronto. 77 Charles West has nearby public parks such as Queens Park and also has transportation options such as Bay TTC Station.

 

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Condo Facts

  • Price Range $1,500,000+
  • Square Footage N/A
  • Move In 2021
  • Maintenance Fees N/A
  • Floors 16
  • Units 56
  • Neighbourhood Yorkville
  • Parking Cost N/A
  • Lifestyle High-rise
Located in Toronto

Four Seasons is a condo and hotel project by Lifetime Developments and Menkes Developments Ltd. Prices starting from $1,900,000 to $28,000,000, The project carries a total of 204 and 354 suites at 55 and 26 storeys. Four Seasons has been completed since 2012 at Bay and Yorkville, in Toronto.

 

Condo Facts

  • Price Range $1,900,000 - $28,000,000
  • Square Footage 1,100 Sqft - 1,815 Sqft
  • Move In 2012, MOVE IN NOW
  • Maintenance Fees $0.81 per sqft
  • Floors 55
  • Units 354
  • Neighbourhood Yorkville
  • Parking Cost 2 INCLUDED
  • Lifestyle High-rise, Luxury, Hotel
Located in Toronto

indx-condosINDX Condos is a new condo project by Lifetime Developments and CentreCourt Developments. Prices estimated to be starting from the mid $200,000's, the project carries 784 units at 53 storeys. INDX will be completed in 2017 and is located in the Financial District at 70 Temperance St in Toronto.

 

 

Condo Facts

  • Price Range $250,000 - $550,000
  • Square Footage 361 Sqft - 821 Sqft
  • Move In 2017
  • Maintenance Fees $0.50 per sqft
  • Floors 53
  • Units 784
  • Neighbourhood Financial District
  • Parking Cost $69.900
  • Lifestyle High-rise, Luxury
Located in Toronto

Lumiere is a new condo project by Lifetime Developments and Menkes Developments. Prices starting from $514,990 to $1,000,000, The project carries a total of 355 suites at 32 storeys. Lumiere was completed in 2011 and will be currently under construction at College Street and Bay Street in Toronto.

 

Condo Facts

  • Price Range $514,990 - $1,000,000
  • Square Footage 535 Sqft - 895 Sqft
  • Move In 2011, MOVE IN NOW
  • Maintenance Fees $0.43 per sqft
  • Floors 32
  • Units 355
  • Neighbourhood Bay St. Corridor
  • Parking Cost $35,000
  • Lifestyle High-rise, Luxury
Located in Toronto

Minto Yorkville Park is a new luxury condo development by Minto. Prices starting from $389,900 the project will be aimed for luxury buyers looking for large square footage with high end finishes and building features. The 22 Storey 127 unit condominium is estimated to launch in late 2014 in Yorkville, one of Toronto's most upscale neighbourhood. Minto Yorkville Park will be located at 88 Cumberland Street on the corner of Bellair and Cumberland at Yorkville in Toronto.

 

 

Condo Facts

  • Price Range $389,900 - $1,000,000+
  • Square Footage 431 Sqft - 1060 Sqft
  • Move In 2018
  • Maintenance Fees $0.57 per sqft
  • Floors 22
  • Units 127
  • Neighbourhood Yorkville, The Annex
  • Parking Cost $70,000
  • Lifestyle High-rise, Luxury
Located in Toronto

Murano Condos is a dual tower condo project by Lanterra Developments. Prices starting from $250,900 to $550,900, The project carries a total of 731 suites at 35 and 45 storeys. Murano has been completed since 2011 at 37 Grosvenor Street - 38 Grenville Street in Toronto.

The architects retained for the project are architectsAlliance and interior designers Munge Leung, Common building amenities include but not limited to Media Room, Guest suites, Board Room, Pool, Concierge and more.

Condo Facts

  • Price Range $250,900 - $550,900
  • Square Footage 425 Sqft - 1,162 Sqft
  • Move In 2011, MOVE IN NOW
  • Maintenance Fees $0.52 per sqft
  • Floors 45
  • Units 731
  • Neighbourhood Bay St. Corridor
  • Parking Cost $45,000
  • Lifestyle High-rise, Luxury
Located in Toronto

The Britt Residences is new historic condo project by Lanterra Developments. also known as the "Sutton Place Hotel" - The Britt condominium and residences will renovate and re-architect the Sutton Place Hotel into beautiful residence suites on Bay. Prices starting from $275,000 to $650,000. The project carries a total of 695 suites at 41 storeys. The Britt will be completed in 2016 and will be currently under construction at 955 Bay Street, in Toronto.

 

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Condo Facts

  • Price Range $274,900 - $650,900
  • Square Footage 339 Sqft - 808 Sqft
  • Move In 2016
  • Maintenance Fees $0.60 per sqft
  • Floors 41
  • Units 695
  • Neighbourhood Bay St. Corridor
  • Parking Cost $45,000
  • Lifestyle High-rise, Luxury
Located in Toronto

the-florian-yorkvilleThe Florian is a completed luxury condominium project by Diamante Development Corporation. The 21 Storey 87 unit tower is starting from $1,000,000 for remaining units from 743 Sqft to 2875 Sqft. The Florian has been completed since 2013 and is located on 76 Davenport Road at Yorkville in Toronto.

 

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Condo Facts

  • Price Range $1,000,000+
  • Square Footage 743 Sqft - 2875 Sqft
  • Move In 2013, MOVE IN NOW
  • Maintenance Fees $0.69 per sqft
  • Floors 21
  • Units 87
  • Neighbourhood Yorkville
  • Parking Cost N/A
  • Lifestyle High-rise, Luxury
Located in Toronto

The Urban Townhome Collection is a new townhouse project by Pemberton Group. Prices starting from $2,500,000, The townhomes are 2-storeys and limited units are available. The Urban will be completed in 2013 and will be under construction at Bay Street & St. Mary Street in Toronto.

Condo Facts

  • Price Range $2,500,000+
  • Square Footage 2,350 Sqft - 3,288 Sqft
  • Move In 2013
  • Maintenance Fees $0.45 per sqft
  • Floors 2
  • Units N/A
  • Neighbourhood Bay St. Corridor
  • Parking Cost INCLUDED
  • Lifestyle Condo, 2-Storey
Located in Toronto

The Yorkville Condominiums is a new condo and townhouse project by Lifetime Developments. Prices starting from $999,900 to $1,660,900, The project carries a total of 238 suites at 31 storeys. The Yorkville will be completed in 2015 and is currently under construction at 32 Davenport Road in Toronto.

 

Condo Facts

  • Price Range $298,900 - $1,500,000
  • Square Footage 383 Sqft - 1,965 Sqft
  • Move In 2015, MOVE IN NOW
  • Maintenance Fees $0.56 per sqft
  • Floors 31
  • Units 238
  • Neighbourhood Yorkville
  • Parking Cost $47,500
  • Lifestyle High-rise, Luxury
Located in Toronto

The Yorkville is a new townhouse project by Lifetime Developments. Prices starting from $1,000,000+ The townhomes are 2-storeys and limited units are available. The Yorkville towns will be completed in 2015 and will be under construction at 32 Davenport Road in Toronto.

Condo Facts

  • Price Range $1,000,000+
  • Square Footage N/A
  • Move In 2014
  • Maintenance Fees $0.56 per sqft
  • Floors 2
  • Units N/A
  • Neighbourhood Yorkville
  • Parking Cost $47,500
  • Lifestyle Condo, 2-Storey
Located in Toronto

U Condos is a new condo project by Pemberton Group. Prices starting from $670,000 to $1,311,000, The project carries a total of 360 suites at 45 storeys. U Condos will be completed in 2015 and will be currently under construction at Bay Street & St. Mary Street in Toronto.

 

Condo Facts

  • Price Range $670,000 - $1,311,000
  • Square Footage 896 Sqft - 1,458 Sqft
  • Move In 2015, MOVE IN NOW
  • Maintenance Fees $0.45 per sqft
  • Floors 45
  • Units 360
  • Neighbourhood Bay St. Corridor
  • Parking Cost INCLUDED
  • Lifestyle High-rise
Located in Toronto

New Condos on Bay Street North & South Corridor in Toronto, Financial District

 


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