Yonge-Bay Corridor, Toronto

Yonge-Bay Corridor is a dense, high-rise part of downtown Toronto where a regular street grid, office and institutional buildings, and residential towers sit close together. Streets run north-south and east-west in a tight grid, with wide arterial roads and short blocks. Buildings are mostly tall, and condo towers stand among older low-rise and institutional buildings. The area has a compact, urban feel, and most ground floors are given over to storefronts and building entrances. Nearly all homes here are condo apartments, which made up 96% of the homes sold over the last 24 months. There were 264 sales in that time, and 57 homes are for sale now. Most of the homes sold were built between 1985 and 2018. The typical home has 2 bedrooms. The median sale price was $686,000, and the median time on the market was 33 days. Getting around is straightforward without a car. Five stations are inside the area: Osgoode, Queen's Park, St. Andrew, St. Patrick and TMU. Several of these are on the Yonge-University subway line, and streetcar routes run along nearby east-west streets. Yonge Street, Bay Street, University Avenue, College Street, Dundas Street and Queen Street are the main roads. The Gardiner Expressway and the Don Valley Parkway are a short trip to the south and east. Everyday services are plentiful and within walking distance. Cafes, restaurants, grocery stores and pharmacies are spread along the main streets and inside many of the towers. Banks and other services are also common. Six parks are inside the area: Arnell Plaza, College Park, Larry Sefton Park, Lord and Lady Martonmere Gardens, The Pasture and Trinity Square. They are small to mid-sized open spaces between the buildings. Three libraries are also here: the Great Library, Toronto Public Library - City Hall and the University of Toronto Dentistry Library.