The Bay Street Corridor neighbourhood takes up a north-south swath in downtown Toronto, stretching between Bloor and Front streets to the north and south, Queen’s Park Crescent/University Avenue/Simcoe Street to the west and Yonge Street to the east.
The neighbourhood includes the Royal Ontario Museum, Queen’s Park, the Discovery District – home to hospitals and research facilities, the Financial District, the Eaton Centre and City Hall/Nathan Phillips Square.
Much of the stretch of Yonge Street consists of retail stores and eateries.
Queen’s Park provides most of the green space in this dense, busy downtown neighbourhood, which contains relatively few residential areas, most of which are apartments and condos.
It is well-served by transit, with 13 subway stops – the entire “U” at the bottom of the Yonge-University-Spadina line – around its edges, and streetcars along King, Queen, Dundas and College streets and bus service down Bay.
The Bay Street Corridor has evolved into one of Toronto’s prime condo markets which have attracted many young professionals to this neighbourhood. There is a strong international mix of both residents and investors in this neighbourhood thanks to the close proximity of the University of Toronto, the hospital district, and the Financial District. The nearby Bloor-Yorkville and Yonge Street shopping district as well as many amenities along Bay Street add a lot of jump and vitality to this newly gentrified downtown neighbourhood.
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