Formally referred to as the St. John’s ward or “the ward”, the Bay Street Corridor has had a very culturally diverse history. It began as a very large immigrant population, beginning with a large Jewish population that had fled Europe in the 1890’s. Other immigrant populations also settled within this community, including those of Italian and Chinese decent. However, this cultural shift did not take root into the area’s both residential and commercial architecture.
The famous King’s College had resided within this community until it was renamed University of Toronto. The areas’ demographics changed upon the completion of Toronto’s City Hall in 1899 followed by the building of the Eaton’s Centre in 1930. The areas focus became dominated by politics and retail until the 1990’s when the condo boom began. Today, the Bay Street Corridor is now home to one of Toronto’s most densely populated communities.
Bay Street Corridor offers one of Toronto’s prime condo market within the parameters of Bloor Street, Front Street, University Ave. and Yonge Street. The area is largely dominated by high rise condominiums, most of which are classified as luxury condos. However, there are a small amount of detached homes and townhomes along the side streets of the community. Unique to this area is the availability to have the feel of a small residential area within the centre of one of the largest cities in Canada.
Also known as Bay Cloverhill, this community is home to many bankers, stockbrokers, students, and professionals. Those who reside here tend to be young, career oriented individuals. This could be due in part to the proximity to many key professional districts, including the Hospital district, Financial District, Discovery District as well as home to City Hall and Queens Park.
Convenience of this area continues with its accessibility to the downtown core as well as some surrounding areas, within both of the major subway lines, as well as direct access to the PATH- Toronto’s underground pedestrian walkway. The PATH offers access to underground shops as well as grocery stores and restaurants. The PATH offers access to many major buildings within the Core. Access to the majority of the city’s colleges and universities increases the appeal to the area. Toronto District School Board and Toronto Catholic School Board offer schools within the community as well as the YMCA Academy.
The visually stunning architecture assists in the appeal to the residents within this community. The Royal Ontario Museum being an example. City Hall offers many attractions during all seasons varying from an outdoor rink to live entertainment. Dundas Square also offers many events that will attract all diverse individuals and families. NXNE a major musical event is hosted here annually. This community has all that is wanted in living the ‘city life’.