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Open Houses in Yonge-Bay Corridor, Toronto

Open Houses in Yonge-Bay Corridor, Toronto

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Yonge-Bay Corridor Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$917,600
Difference over last year (%)
-4.6
Ask a REALTOR® for more detailed market information.

Yonge-Bay Corridor

Yonge-Bay Corridor is a neighbourhood within Toronto, Ontario, which is located in the Greater Toronto Area metropolitan area.

Transportation

This area affords home buyers the choice between a diversity of means of transportation. This neighbourhood is particularly transit friendly by reason of a multitude of nearby rapid transit stations on the Line 1 (Yonge-University), and around 30 nearby bus lines. Walking is also particularly practical for home buyers in this part of Toronto; meeting daily needs is very convenient without the use of a car, and plenty of businesses are very close at hand. Yonge-Bay Corridor is a very pleasant part of Toronto for bike riders. For instance, there are a large number of bike lanes, and bike-share stations are seldomly more than a few blocks away.

Services

A general and a specialty grocery store is always only a very short stroll away in this neighbourhood. Furthermore, with 800-odd restaurants and cafes in Yonge-Bay Corridor, there is almost always a spot to get a meal or beverage just around the corner. It is also a very short trip to a great variety of clothing stores, for instance along Dundas Street. In terms of education, in Yonge-Bay Corridor, families will generally be able to reach schools and daycares without the need to get in a vehicle.

Character

Those who enjoy a vibrant atmosphere and spending time in green spaces will feel at home in Yonge-Bay Corridor. This area has a very large number of places for those looking for a dynamic vibe. Many entertainment venues can be found nearby, there are crowds of people around most of the time, and it is very easy to find bars because they are well-spread throughout the neighbourhood. Queen Street is among the most animated streets in this area. There is a very small amount of greenery in this area; although, most locations within the neighbourhood have good access to green spaces, like Queen's Park and Allan Gardens, since there are over 100 of them nearby for residents to enjoy.

Housing

The overwhelming majority of dwellings are large apartment buildings, making it easy to find apartments in Yonge-Bay Corridor, and the remaining homes are mainly small apartment buildings. This neighbourhood experienced its largest construction boom after the year 2000, so most of the available properties are from this time period. There is a higher proportion of one bedroom homes in this part of Toronto. About 70% of the units in the neighbourhood are occupied by renters and 30% are occupied by owners.

Summary

Discover the vibrant and dynamic Yonge-Bay Corridor, nestled in the heart of Toronto's Greater Toronto Area. This energetic neighborhood is a haven for those who appreciate convenience, with excellent public transit options, a well-developed cycling network, and a walkable layout that caters to everyday needs. With over 250 restaurants, 50 cafes, and various specialty grocery stores just around the corner, you'll never run out of options for dining and shopping. Residents can enjoy numerous entertainment venues, and a selection of lovely parks like nearby Nathan Phillips Square invites outdoor relaxation. Experience urban living at its finest in Yonge-Bay Corridor!