High-Rise Condos For Sale in Bay Street Corridor

About Bay Street Corridor's High-Rise Condos For Sale

This is Bay Street Corridor, a neighbourhood in the city of Toronto with 60 High-Rise buildings with condos for sale. There were 2551 High-Rise condo units sold in Bay Street Corridor in 2020 when the average sale price for High-Rise condos in Bay Street Corridor was $6,761. In 2020 High-Rise condo units for sale in Bay Street Corridor had an average of 26 days on market. One St Thomas Residences had the highest Dork Rating, 149, for a High-Rise condo building in Bay Street Corridor in 2020.

A symbol of modern living, the High-Rise building has actually been used throughout history. There is evidence that High-Rise buildings were present 2000 years ago in ancient Rome, though made of mud and sticks and not particularly safe. They were also seen in circular structures in China 700 years ago. Some buildings used 500 years ago in Yemen can still be seen today. At the turn of the last century, High-Rise buildings began to solidify their place in urban centres, as you can see with the development of High-Rise condos for sale in Toronto. Especially in the downtown core. The industrial revolution created the need to bring more workers closer to work and elevators and concrete made them functional. Public housing then pushed the volume of High-Rise condos for sale in and around cities all over the globe. The original reinforced concrete and steel buildings of the mid-century are slowly being replaced by glass condo towers in city centres and megacities. Units are shrinking but public and shared use spaces are increasing by way of amenities like community meeting space, party rooms, fitness centres and even theatres. This, along with the more thoughtful use of the areas that surround these buildings is meant to create livable communities. These living communities will have access to daily needs and services and connected to the larger communities that surround them. Today's best High-Rise condos for sale offer choices for unit style and design, extra amenities to increase community involvement, green space that is cared for by maintenance fees and ground-floor businesses. High-Rise life is best enjoyed in walkable communities with plenty of business and services that connect to the larger city.

The most active High-Rise condo building in Bay Street Corridor in 2020 was Wellesley On The Park with 300 units sold. The High-Rise condo building in Bay Street Corridor with the highest average price per sqft last year was Residences at Windsor Arms at $1,914 per sqft.

High-Rise condos for sale today can be designed as soft lofts, have multiple floors and have the opportunity for a luxury of options when purchased in the development or preconstruction phase. Building to building, units have a huge range for layout, upgrades, amenities, ceiling heights and storage space. A buyer or renter will need to know what's on their priority list or they risk being overwhelmed by the choices. One commonality will probably be floor to ceiling windows. Growing in popularity is also an open plan for the main living area, something easily found in high-rises today. Anything over eight stories, or a height that firefighters would have difficulty reaching, qualifies as High-Rise. New High-Rise condos for sale in some cities will follow neighbourhood design and sightlines, with some areas upholding height guidelines. Other cities are in a race for the sky and 50 floors wouldn't be out of the ordinary. This is especially true for the glass towers that have so much more flexibility. The record holders and breakers are pushing high rise living ever further with 100+ floor residential towers. Some aiming to push past a full kilometre into the sky.

You can find the neighbourhoods of Grange Park and The Village nearby which have High-Rise condo buildings. Bay Street Corridor is a Walker's Paradise with a walk score of 97. This neighbourhood is a Biker's Paradise with a bike score of 96. a Rider's Paradise is available in Bay Street Corridor.

Bay Street Corridor Condos For Sale

Living in Bay Street Corridor gives you access to everything Toronto has to offer. With a total of 68 condo buildings, everything your heart desires is available. There is a perfect fusion of modern high-rise condos and hip lofts, there are 60 High-Rise, 4 Low-Rise, 10 Pre-Construction, 1 Loft, 3 Mid-Rise and 13 Luxury in Bay Street Corridor. Bay Street Corridor has some of Canada's coolest condos for sale! Condos for sale in Bay Street Corridor spend an average of 24 days on market. There were 1481 condos sold in Bay Street Corridor in 2020. Bay Street Corridor saw an increase in the number of condos sold by 306% compared to the year before. Last year condos for sale in Bay Street Corridor had an average sale price of $$938,984, an decrease of -11% from the year before. This neighbourhood is a Walker's Paradise with a walk score of 97. a Rider's Paradise is available in Bay Street Corridor. This neighbourhood is a Biker's Paradise with a bike score of 96. You can find the neighbourhoods of Grange Park and The Village nearby.

Bay Street Corridor has many popular bakeries including THE BAGEL STOP and Angel At Aura. Coffee shop lovers will appreciate local cafe's like Timothy's World Coffee, Chatime, and Starbucks. Do you enjoy being in the kitchen? Pick up groceries at H Mart Dundas. Foodies won't be disappointed by the presence of excellent local restaurants The Queen & Beaver Public House, VOLOS and Adega Restaurante. There is a surprising amount of green space with Podium Green Roof, Toronto Urban Native Ministry, and Ontario Veterans War Memorial in Bay Street Corridor. You can find the pharmacy Global Drug Mart in Bay Street Corridor. There is great shopping at Pure Laneige. The Hospital for Sick Children is the closest hospital to Bay Street Corridor. If you are looking to visit a museum or art gallery Art Boulle can be found in Bay Street Corridor. Be sure to check out Homefit and Crunch Fitness - College Park if your condo building does not have a gym- some great local fitness centers! Take your pets to Lucky Tails Pet Boutique. If you enjoy reading you will be happy CMC is in Bay Street Corridor. The local schools in Bay Street Corridor is St Joseph's. There are many students in this neighbourhood as Ryerson University - Ted Rogers School of Management is located within it. Ride the subway underground, the closest station is Queen's Park. For those who love to travel Hospital Helipad is nearby to catch a flight.

What to Expect

The financial, hospital and discovery districts are not the only features of this neighborhood. You’ll also get Ryerson, City Hall and Downtown Yonge st. This energetic, historic spot has been gentrified once again by condos and young urban professionals. An area designed around the pedestrian ,there are above ground street level shops on every block. There are also many indoor shopping areas like the Atrium on Bay, The Eaton Centre, College Park and access to all of them through the underground, retail centric PATH. The Bay St. Corridor is accessible by the Queen streetcar which runs 24 hours and the University line of the Subway. There is also a 24 hour bus on Yonge street. This fast paced zone is the most densely populated ward in the GTA. It hums from morning until night Monday to Friday. 

Demographics

This is an area dominated by the working professional. It is largely English speaking but due to  the financial industry you can also find a generous Mandarin Speaking population, other Chinese speakers any many Arabic speakers as well. There is a high percentage of very well educated individuals, many of whom have immigrated from China. Most homes are single dwellings or have couples with no children. Expect to find a huge amount of high rise Condominiums except in very rare cases. The average household income in the Bay St. Corridor is in the $60,000 range.

Lifestyle

You’ll want to keep up the pace in this core neighborhood. Find a favourite among the many shoe stores in the area, you’ll be doing a ton of walking. Most people will walk or take the TTC to work, walk home and walk to recreational activities in the neighborhood. Driving and cycling are much less likely in this area. If you plan to keep a car, expect to pay a premium every month to park, you’ll also want to keep up with traffic trends when exiting the city. This is the place called to mind when you say “downtown”. The Eaton Centre has a constant fervor of activity and when there is free moment Queen’s Park and City Hall offer relaxing places to sit and watch the people. There are all manner of restaurants, but this area is especially friendly for takeout and take-home food. Expect that business adjacent services and restaurants might not open for weekends but streetside eats and amenities will tick round the clock. There is a YMCA in the area that includes an indoor pool. There are venues for live theatre and some very fine dining outlets. 

What you'll love

Life in the Core. This area epitomizes downtown living. A fast paced, work/live community with all of the perks. The Eaton Centre. There is nothing you can't find in the Bat St. Corridor. But, just in case there is also a Best Buy and a Canadian tire on the Bay st side of the Complex. You’ll be in fashion well fed and connected. The rooftop garden at City Hall. It is already a ton of fun down in Mel Lastman square, there are fountains in the summer, skating in the winter, a huge stage and plenty of snacks. However, if that isn’t enough and you need a small break from the pulse of the core, take a trip up the ramp to the rooftop green space. You’ll be amazed at the tranquility and solitude of the fresh outdoor area. Easy Transportation. As great as life in the core can be, if you need a little escape, transportation out is so easy. The Greyhound station is there, the TTC and easy commute to Union station as well as being able to pick up the Gardiner and Lakeshore just a few blocks south.