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One of Toronto’s most densely populated areas; Bay Street Corridor is the place to be. Located within walking distance of the Financial District, the Discovery District, the Hospital District, Toronto City Hall, Ryerson University, the University of Toronto, and downtown Yonge Street, it’s hard to get any more centralized. Bay Street itself is a major thoroughfare in Downtown Toronto. Similar to Wall Street in New York, Bay Street is often referred to as Wall Street’s Canadian equivalent. At the corner of Bay and King Street you’ll find the center of Canadian Banking and finance, with 4 of Canada’s 5 major banks owning office towers at the intersection: the Bank of Montreal, First Canadian Place, Scotia Bank, the Canadian Imperial Bank of Commerce, and Toronto Dominion Bank. The 5th bank, the Royal Bank, is located just one block south. Major condominium development on Bay began in the 1990’s and continues strong to this day, with impressive 40-plus storey condos and multi-purpose buildings dominating the city skyline. The Bay Street corridor itself has evolved into one of Toronto’s prime condo markets, attracting many young professionals and veteran business minds alike.
If considering a property purchase on Bay Street, the Propertia can help! Our site updates faster than the public Realtor site, giving you priority access to Toronto’s top real estate properties. Create a free account and start searching today!