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Neighbourhood guides · Toronto

Bay Street Corridor

The blocks between the Financial District and Bloor — hospitals, the university, city hall, and towers whose residents mostly walk to work.

Toronto City Hall and Nathan Phillips Square — Bay Street Corridor
Toronto City Hall and Nathan Phillips Square. Photo: Taxiarchos228, CC BY 3.0, via Wikimedia Commons.
$602,500median sale, last 12 months
482homes sold, last 12 months
231on the market now
$61,579median household income
34%own rather than rent
29.7median age

Homes for sale in Bay Street Corridor

231 on the market now — each with its school boundaries, sale history and what comparable homes actually sold for.

See what is on the market →

What it is like

Overwhelmingly condominium, and unusually skewed to smaller units, because the buyers and renters are disproportionately students, medical staff and finance workers who chose the area for the walk. The strip runs from around Queen up to Bloor, taking in Bay, University and the streets between. Older towers from the 1970s and 1980s sit beside very new ones, and the age of the building is usually the strongest single predictor of both fee and layout.

Getting around

Line 1 curves through the area with stations at Osgoode, St Patrick, Queen’s Park and Museum on the University side and Queen, Dundas and College on the Yonge side, so almost every address is within a few minutes of a subway entrance. The 506 Carlton and 505 Dundas streetcars cross east-west. Union Station, and with it every GO line, is a short ride or a twenty-minute walk south.

Things to see and do

Nathan Phillips Square in front of New City Hall holds the skating rink and the sign everyone photographs; Osgoode Hall and Queen’s Park are both a short walk. The Art Gallery of Ontario is on Dundas West, the Royal Ontario Museum at Bloor and Queen’s Park, and the University of Toronto’s St George campus occupies much of the west side. Kensington Market and Chinatown are immediately west.

Shops, restaurants and work

This is the hospital and university employment core — Toronto General, Mount Sinai, SickKids and Princess Margaret are all on University Avenue — with the Financial District at the south end. Retail is concentrated in the PATH system underground and along Bay, and the Eaton Centre is at the southeast corner.

Schools nearby

Within about 2.5km of the middle of the neighbourhood, with the Ministry of Education’s EQAO results where the school reported them. A rating is one measure of one thing, and school boundaries are set by the board rather than by distance — check any individual listing for the boundaries that actually apply to it.

SchoolLevelEQAO
Cottingham Junior Public SchoolElementary10.0 / 10
St Michael's Choir (Sr) SchoolSecondary9.8 / 10
St Michael's Choir (Jr) SchoolElementary9.8 / 10
Kensington Community School School JuniorElementary9.7 / 10
Rosedale Junior Public SchoolElementary9.4 / 10
École élémentaire Pierre-Elliott-TrudeauElementary9.3 / 10

Sale figures are aggregates from the Toronto Regional Real Estate Board’s MLS® System over the last twelve months. School information: Ontario Ministry of Education and EQAO. Population, income and age: Statistics Canada 2021 Census, averaged across the dissemination areas this neighbourhood covers.

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