Condo Market Analysis in Bay Street Corridor, Toronto

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Condos in Bay Street Corridor, Toronto

One of the most densely populated neighborhoods in Toronto is the Bay Street Corridor. Its plus point is that it is situated within the walking road of Ryerson University, Toronto City Hall, Financial District, University of Toronto, Downtown Young street, and the discovery district. Many young professionals and real estate enthusiasts are attracted by the Bay Street Corridor as it is regarded as the most stunning condo market of Toronto. Due to closed proximity with the University of Toronto, the Financial District and Hospital district has created a great mix of residents and investors here.

A great vitality is added to this neighborhood due to many amenities available and the Young Street Shopping district along Bay Street.

 

Famous Condos in the Bay Street Corridor

If you want to buy the finest condo in Toronto, you have to come to the bustling Bay Street District. Almost all the amenities from theatres or posh Yorkville to Eaton Centre or Sparkling Dundas Square to Kensington market all are a stone’s throw far.

Famous condos are 77 Charles West, 77 Charles St.; The Adelaide Hotel, 325 Bay St.; Lumiere Condominiums on Bay, 770 Bay St.; Residences at Hazelton Lanes, 18A Hazelton Ave; The Dunhill Club, 95 Price Arthur Ave; College Park North Tower. These condos featured with all the necessities are an excellent spot to stop.

 

Average Prices of condos in Bay Street Corridor

Bay Street has an ideal location in Toronto and that is the reason the prices of condos here are slightly greater than prices in other neighborhoods of Toronto.

In terms of average prices, condos in Bay Street Corridor cost ranges are as follows:

  • If you want to buy a studio condominium it will cost, you $ 295000.
  • For a one-bedroom condo, the average price will be $ 338000.
  • It will cost $ 378000 for a condominium with one bedroom and den.
  • It will cost you $ 555000 for a condo with 2 bedroomsand a den.
  • For a three-bedroom condo, you have to pay $ 952000.
  • For a condominium containing three bedrooms and plus den, the cost price will be $ 9110000.

 

Features of Bay Street Corridor

Shiny condominiums proliferate along with the neighborhood of Bay Street Corridor. Almost all the buildings are featured with 24-hour concierge along with all other requirements. Recreational places are also present and one of them is Queens Park. The YMCA is another popular spot that features a swimming pool and gymnasium. For transportation, streetcars are available and bus service is also available.

 

View Bay Street Corridor Condos for Sale for the daily updated MLS Listings

Things to do in Bay Street Corridor

You can go shopping to get all the household things and can also grab a bite to satisfy your hunger. Different stores and restaurants are available here and if you want to do eclectic shopping you can opt to visit Downtown Young Shopping District. Bloor-Yorkville is also a newly developed shopping district that is featured with fashion stores and international clothing. In the winter season the inhabitants of Bay Street Corridor used to visit College Park Shopping Mall, Eaton’s Center, Atrium on Bay, and Manulife Center.

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