The Penthouse Collection

Humble Beginnings to Luxury Living in the Bay Street Corridor

In the 1990s, Bay Street Corridor experienced a condo boom, and today, that boom is still resonating. The area is filled with luxury high-rise condos that strike a compelling contrast to the neighbourhoods original humble roots. 

488 University Avenue

The Properties

High-rise condos are the defining facade of Bay Street Corridor. These tall, luxurious buildings have mostly been constructed within the last 10-20 years, and there are still more on the way! 

These buildings feature modern finishings, open concept living, and incredible building amenities like 24-hour concierge service, gym, and athletic facilities, and more. Bay Street Corridor condos are the epitome of luxury, convenience, and comfort. 

However, the community does still have some townhouses and single-family homes. Although these are mostly located on quiet side streets away from the hustle and bustle of busy Bay Street. 

The Neighbours

Bay Street Corridor homeowners come from diverse backgrounds. The area is mostly populated by young-to-middle-aged professionals and families with pre-teen or teenage children. Many residents are either first or second-generation immigrants with a good education. The area is a pretty even split between buyers, renters, and investors thanks to its proximity to The University of Toronto, Financial District, and several prominent research centres. 

Neighbourhood Location

Bay Street Corridor: Luxury Living High in the Sky

Whether you’re a young professional wanting to live where you work and play or you are an empty nester or even a young family looking for classic Toronto living, Bay Street Corridor is an excellent place to call home. 

The Amenities

  • Schools
  • Transportation
  • Safety
  • Outdoor Recreation
  • Entertainment

Transportation

Bay Street Corridor is within walking distance to other Toronto neighbourhoods like the Financial District, Hospital District, and Discovery District. It’s also close to Toronto City Hall, University of Toronto, Ryerson University, and Downtown Yonge Street. As such as central, walkable neighbourhood, many residents choose to travel by foot. However, the area is served by public transit and is actually at the intersection of the city’s two major subway lines. 

The nearest public transit stops are:


Outdoor Recreation

Bay Street Corridor is a busy, urban part of the city. However, there are still several opportunities to enjoy outdoor activities and take advantage of green space in the area. One of the biggest parks in the area is Queens Park. Oval-shaped and situated just off University Avenue, Queens Park is a beautiful, shaded park with numerous walking paths, serene benches, and historic monuments. It’s a great spot to take a quiet stroll and get away from some of the hustle and bustle of the city. The area is also conveniently located within a 20-minute walk to other outdoor amenities such as a dog park, wading pool, community centre, splash pads, and playgrounds. 

Local parks and green spaces include:


Entertainment

With its high-rise condos and central location, Bay Street Corridor is the epitome of convenient city living. The area is densely populated and diverse. This diversity is reflected in the community’s range of exciting entertainment amenities. Whether you’re interested in gourmet dining, fantastic shopping, theatre, or athletics, there’s something for everyone here. 

Dining

Although the community might be more known for quick dining spots, there are a plethora of fantastic eateries to satisfy all your cravings near Bay Street Corridor. Spring Sushi is popular for all-you-can-eat sushi, while Richmond Station and Michael’s on Simcoe are mainstays for American-style food. You won’t go hungry in Bay Street Corridor with a combination of restaurant chains and local favourites.

Nightlife

Bay Street Corridor is a bustling neighbourhood. There are several ways for residents to enjoy the nightlife here. Bar+ Karaoke is a popular spot for group karaoke, while Bar Volo is great for small plates, unique beer, wine, cider, and cocktails. Thespians can also get their performance fix with a membership to Hart House Theatre, one of Toronto’s oldest theatres and the launchpad for many famous names like Donald Sutherland, Lorne Michaels of SNL fame, and more. 

Athletics 

With numerous gyms and boutique fitness studios in the area, there are many ways for Bay Street Corridor residents to stay in shape. For pilates, boxing, cycling, and more, studios like Equinox deliver the goods. Hart House also provides exceptional health and wellness services with its public memberships. From the fitness centre and personal training to weekly group classes and general wellness resources, it provides an excellent means for locals to stay healthy. 

 

Shopping

Bay Street Corridor is an excellent area for shopping, as you have many options to choose from. Whether you want to capture the eclectic vibe of the Downtown Yonge shopping district or you prefer an upscale experience on Bloor-Yorkville, there’s a lot to offer at both ends of the spectrum. The area is also quite close to the Atrium on Bay, CF Eaton Centre, and Manulife Centre. Many of these malls are conveniently connected by the underground PATH pedestrian walkway


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