Condos for Sale in Bay Street Corridor, Toronto, ON

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Neighbourhood in Toronto

Bay Street Corridor

urban diverse active

Bay Street Corridor is a vibrant neighbourhood in Toronto known for its high-rise living and urban lifestyle. It offers a mix of amenities and services for residents.

High walkability score of 99 Multiple parks and playgrounds available Strong school ratings with an average of 7.2
Bay Street Corridor, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Photo of Unit 207, 5 St Joseph Street
For SaleRooftop TerracePanoramic Views
Listed for:

Listed 10 days ago

$699,900

Unit 207, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

2Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

Condo ApartmentFor Sale

Photo of Unit 4006, 70 Temperance Street
For Sale
Listed for:

Listed 10 days ago

$789,000

Unit 4006, 70 Temperance Street

Toronto (Bay Street Corridor), ON M5H 4E8

2Bedrooms
2Bathrooms
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 4206, 386 Yonge Street
For SaleCity View
Listed for:

Listed 10 days ago

$450,000

Unit 4206, 386 Yonge Street

Toronto (Bay Street Corridor), ON M5B 0A5

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2307, 55 Centre Avenue
For SaleAs-Is, Where-Is
Listed for:

Listed 12 days ago

$499,900

Unit 2307, 55 Centre Avenue

Toronto (Bay Street Corridor), ON M5G 2H5

1Bedroom
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 4317, 70 Temperance Street
For SalePositive Cash FlowPanoramic Views
Listed for:

Listed 13 days ago

$599,000

Unit 4317, 70 Temperance Street

Toronto (Bay Street Corridor), ON M5H 4E8

2 + 1Bedrooms
2Bathrooms
0Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 608, 70 Temperance Street
For SaleFrequently Listed
Listed for:

Listed 13 days ago

$489,000

Unit 608, 70 Temperance Street

Toronto (Bay Street Corridor), ON M5H 4E8

1 + 1Bedrooms
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

99

Walkability

out of 100 · averaged over 262 past and present listings

Average walk score reported on listings here

7

Schools near listings

out of 10 · averaged over 12,069 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$663,944

4% below Toronto 7% below Ontario

In Bay Street Corridor

$663,944

In Toronto

$689,950

In Ontario

$717,000

Median monthly rent

$2,850/mo

2% above Toronto 14% above Ontario

In Bay Street Corridor

$2,850

In Toronto

$2,800

In Ontario

$2,500

≈ 19.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

175

Median $663,944

Condos 174 · Houses 1

For rent

227

Median $2,850

Condos 225 · Houses 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Great access to public transportation
  • Many grocery stores and pharmacies nearby
  • Young, diverse population with a median age of 32
  • High percentage of residents with post-secondary education

Keep in mind

  • Higher rental prices compared to city median
  • Limited options for single-family homes

The feel of the placeLifestyle

Life in Bay Street Corridor is fast-paced, with plenty of activities and services within walking distance. Residents enjoy a mix of work and leisure in a bustling urban environment.

Great for young professionals renters first-time buyers

Within the boundaryWhat's nearby

The boundary

1.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

39

Parks

9

Playgrounds

69

Transit stations

16

Grocery stores

180

Restaurants

131

Cafés

16

Gyms

7

Libraries

21

Pharmacies

Counted across all 1.8 km² of Bay Street Corridor. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 1 rated school in this area

4

Elementary

5

Secondary

  • St Joseph's College School

    Catholic · Grades 9–12 · Toronto CDSB

    7.2/107.6 over 5 yrs

    178th of 742 Ontario secondary schools

    545 students · EQAO 2024-2025

  • Hospital for Sick Children - Eating

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • Hospital for Sick Children - Medical EL

    Public · Grades JK–8 · Toronto DSB

    Not rated

  • Hospital for Sick Children-Substance Abu

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • HSC Medical - SEC

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • HSC Seizure Disorder

    Public · Grades K–8 · Toronto DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bay Street Corridor, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

30,479

Population (2021)

1.8 km²

Area

16,677

People per km²

32

Median age

$64,561

Median income

31%

Own their home

1.6

People per household

18,040

Households

Every age

  • Children (under 15)5.8%
  • Working age (15–64)84.2%
  • Seniors (65+)10.0%

What is built here

  • Low-rise apartments1.1%
  • High-rise apartments98.6%

Own or rent

31%Owners

69%Renters

Across 18,040 households

When it was built

Mostly 2016–2021

  • 1960 or earlier3%
  • 1961–198010%
  • 1981–199014%
  • 1991–200011%
  • 2001–20056%
  • 2006–201013%
  • 2011–201519%
  • 2016–202124%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.1%
Born outside Canada
69.4%
Hold a degree or higher
59.2%
Employment rate
22.5%
Commute by transit
22.3%
Commute by car
1.4
Children per family
$56,864
Median income after tax
$97,834
Average household income
27%
Living on a low income
$2,032/mo
Renters pay, per month
$1,910/mo
Owners pay, per month
$836,655
Median home value at census
58.8%
Renters spending 30%+ of income on housing
47.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Condo apartments only Through September 2026 Deep sales history

What condos in Bay Street Corridor actually sell for

438 condos changed hands in Bay Street Corridor over the 12 months to September 2026. Half sold above $602,600 and half below, 11.6% lower than the 12 months before. A typical condo found its buyer in 32 days — 5 days quicker than a year ago.

Median sold price
$603K
-11.6% year over year
Days to sell
32
5 days quicker
Sales closed
438
last 12 months
Per square foot
$882
from 382 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one condo here differs from the next.

$1.15M$886K$619K$353K
Oct ’23Oct ’24Oct ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$963,500

on a $1,000,000 asking price — under ask by $36,500

−10%Asking price+10%
Of the asking price
96.4%
Sold over asking
13.9%

From 438 sales that closed here in the last 12 months.

Rent or buy in Bay Street Corridor

19.4 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$602,600

438 sales

Median rent

$2,592/mo

3,375 leases

Gross rental yield

5.16%

before costs

Both figures come from deals that actually closed in Bay Street Corridor over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Bay Street Corridor, sales
Monthly closed sales in Bay Street Corridor
MonthClosedMedianMiddle halfDays% of ask
Sep 202634$530,000$453K – $687K2996.1%
Aug 202637$523,000$470K – $665K3096.5%
Jul 202664$562,500$488K – $711K2795.4%
Jun 202641$720,000$510K – $970K2697.5%
May 202649$630,000$500K – $888K2896.4%
Apr 202649$610,000$500K – $765K3596.8%
Mar 202636$567,500$496K – $711K3196.3%
Feb 202626$572,500$480K – $968K3396.4%
Jan 202620$646,000$502K – $861K5095.7%
Dec 202521$568,000$470K – $595K3596.0%
Nov 202533$605,000$543K – $886K4896.0%
Oct 202528$720,000$518K – $820K3397.2%
Sep 202536$648,750$553K – $919K3395.4%
Aug 202538$631,500$503K – $750K3696.2%
Jul 202545$707,999$540K – $815K3296.4%
Jun 202551$762,500$563K – $945K3296.2%
May 202551$613,000$533K – $724K3096.3%
Apr 202541$671,000$555K – $795K3996.1%
Mar 202532$711,000$586K – $950K4296.1%
Feb 202532$654,000$594K – $790K4896.1%
Jan 202530$637,000$590K – $796K4297.3%
Dec 202427$816,000$557K – $1.10M4096.5%
Nov 202434$633,000$488K – $890K4995.9%
Oct 202437$708,000$590K – $810K3497.2%
Sep 202429$685,000$582K – $925K3397.9%
Aug 202431$659,000$602K – $935K4195.7%
Jul 202441$740,000$600K – $854K2598.2%
Jun 202434$737,000$647K – $1000K2597.7%
May 202440$700,000$584K – $1.01M2097.1%
Apr 202452$748,500$669K – $990K2298.6%
Mar 202432$757,500$649K – $984K2099.1%
Feb 202422$793,477$649K – $976K30100.0%
Jan 202419$671,711$595K – $748K33100.0%
Dec 202310$668,000$409K – $875K40100.0%
Oct 202318$610,000$600K – $654K33100.0%

What people ask about Bay Street Corridor

How much does a condo cost in Bay Street Corridor?

Condos in Bay Street Corridor sold for a median of $602,600 over the 12 months to September 2026, across 438 closed sales — half sold for more and half for less. That is 11.6% lower than the 12 months before it.

How long does it take to sell a condo in Bay Street Corridor?

A condo in Bay Street Corridor took a median of 32 days on the market over the 12 months to September 2026. Condos there closed at 96.4% of the asking price on average, with 13.9% selling over asking.

How much is rent for a condo in Bay Street Corridor?

The median condo lease in Bay Street Corridor closed at $2,592 a month over the 12 months to September 2026, across 3,375 leases.

Is it cheaper to rent or buy a condo in Bay Street Corridor?

A condo in Bay Street Corridor costs about 19.4 years of the rent on one — the median price of $602,600 against a median rent of $2,592 a month, a gross yield of 5.16%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Bay Street Corridor on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.