Lofts For Sale in Bay Street Corridor

About Bay Street Corridor's Lofts For Sale

Welcome to Bay Street Corridor, a neighbourhood in the city of Toronto with 1 Loft buildings with condos for sale. Loft condos for sale in Bay Street Corridor spend an average of 26 days on market with an average sale price of $1,650 in 2020. 2 Loft condo units were sold in Bay Street Corridor last year. The Loft condo building with the highest Dork Rating in Bay Street Corridor is Graphic Arts Building with a rating of 394 in 2020.

Bay Street Corridor's most active Loft condo building last year was Graphic Arts Building with 2 units sold. The Loft condo building in Bay Street Corridor with the highest average price per sqft last year was Graphic Arts Building at $3 per sqft.

If you're looking for more Loft condo buildings in this area, the neighbourhoods Grange Park and The Village are nearby. This neighbourhood is a Walker's Paradise with a walk score of 97. a Rider's Paradise is available in Bay Street Corridor. This neighbourhood is a Biker's Paradise with a bike score of 96.

About Bay Street Corridor's Hard Lofts For Sale

An authentic hard Loft is a rare beast. Lofts in Toronto are in short supply due to the nature of their origin. In order to fit this category, a former industrial or commercial use space must be converted into a residential living space. Out of this formula, some common elements arise. Old, often exposed brick, visible mechanical elements of the building such as pipes and beams, large windows and vaulted ceilings. The latter is the element from which a Loft derives its name. A lofted ceiling that allows a living space to feel much larger than the square footage of the floor plan. Ceiling heights from 11 to16 ft are common. There are no rules regarding whether or not a Loft includes separate bedrooms. There may be no separation at all. Partition walls at less than ceiling height may be present or a second floor with partial walls or overlooks can be found. These are usually seen in units where the ceiling height is generous enough to allow room for a partial second floor. The conversion of these commercial buildings is one-offs. Often what makes them stand out are the singular elements associated with that particular building. Some will feature 100 yr old flooring, the wide beams and large nails that made up the factory floors of the day. Others may be touted for the uniqueness of the brick used to construct the building or the shape and style of the stonework. Window style will also be particular to each building, with original glass and frames, shape and size all contributing to the style of the Lofts in Toronto. Of special interest, will be the history of the building. The story that these conversions tell is almost as important as the design in conveying the style of the home. The original use, any subsequent commercial conversions and the date of the original construction, all contribute to setting the buildings apart. All of these factors naturally limit the height of the buildings, but not necessarily the amenities. There are hard Lofts that also include common areas, fitness rooms and shared rooftop spaces. Of particular interest are buildings that have been reclaimed from the public domain such as schools and churches. The other criteria that must be filled are the location. While this applies to every home and business, the trick with hard Lofts is there must be underutilized or vacant industrial space near to an urban centre. Simply converting a vacant factory in the middle of nowhere, doesn't have much appeal. Look for office, commercial and retail conversion as live workspaces to fill the gap in demand. It is also important to note the distinction between living spaces and those designated for mixed-use, as this adds volume to the available Hard Loft category. Those with dual zoning are sometimes listed as artists' spaces or live-work units. Both styles are more likely to be found in urban centres with high foot traffic. The price tag associated with these one-of-a-kind Lofts in Toronto is not often congruent with the artist's label they may receive. In some cities, this was born of the use of buildings that could house projects but were not necessarily converted to living spaces. In the past, inexpensive, unused industrial space was a great fit for artists. Necessities like plumbing and heat were ignored in favour of the affordability. City zoning and housing laws will play a large part in determining what's on offer for Hard Lofts today. Each city will determine what constitutes a space fit for living, and where inhabitants are allowed to offer commercial services from their residence.

About Bay Street Corridor's Soft Lofts For Sale

Soft Lofts are new builds designed to offer the space and style of a hard Loft. The demand for hard Lofts far exceeds availability and the costs associated with these one-of-a-kind spaces, place them out of reach for many buyers. Here is where the soft Loft comes to life. Builders, eager to fill the demand for open-concept spaces, adopted the term Loftand applied it to units which outside of the conversion elements, fit the design and style criteria of a Loft. More commonly found in low and mid-rise buildings, upper floors in high rise buildings may also have units that have been given a soft Loft treatment. The popularity of the soft Loft is growing along with the demand for higher ceilings, open floor plans and unique design elements. Luckily supply is high since the units are created with new builds, there is no limit on how many can hit a given market. However, due to the low supply hard Lofts are more likely to retain their value over time and suffer less vulnerability to market shifts. Expect to find a wide range of styles. Many units will mimic hard Loft design features, while the external building may be represented in a more modern style. Many of the architectural components in a Hard Loft may differ and so too do the elements of a soft Loft. The expanse of options can make choosing a soft Loft more difficult, the lower prices will surely ease that burden. You'll find completely open concept units, partially walled bedrooms and open concept overlooks sleeping quarters. Large windows will be easy to find feature as they lower the construction costs for the building. Soft Lofts may also still include features such as exposed brick, polished concrete floors, wood beams and other industrial elements. One of the biggest bonuses of soft Lofts is its inclusion in building projects that compete for the best amenities. New build condos have to offer a wide and exciting range of amenities to attract potential buyers. Finding a soft Loft in a building that also has the concierge, party rooms, pools, full-scale gym and rooftop BBQs is not uncommon. They are also not restricted by an existing structure. A soft Loft can be built into any design or building, offering more options for style and layout. Developers will sometimes use the mixing of these elements. They design multiple building complexes, combining condo units, soft Lofts and townhomes into a single project.

Bay Street Corridor Condos For Sale

Living in Bay Street Corridor gives you access to everything Toronto has to offer. With a total of 68 condo buildings, everything your heart desires is available. There is a perfect fusion of modern high-rise condos and hip lofts, there are 60 High-Rise, 4 Low-Rise, 10 Pre-Construction, 1 Loft, 3 Mid-Rise and 13 Luxury in Bay Street Corridor. Bay Street Corridor has some of Canada's coolest condos for sale! Condos for sale in Bay Street Corridor spend an average of 24 days on market. There were 1481 condos sold in Bay Street Corridor in 2020. Bay Street Corridor saw an increase in the number of condos sold by 306% compared to the year before. Last year condos for sale in Bay Street Corridor had an average sale price of $$938,984, an decrease of -11% from the year before. This neighbourhood is a Walker's Paradise with a walk score of 97. a Rider's Paradise is available in Bay Street Corridor. This neighbourhood is a Biker's Paradise with a bike score of 96. You can find the neighbourhoods of Grange Park and The Village nearby.

Bay Street Corridor has many popular bakeries including THE BAGEL STOP and Angel At Aura. Coffee shop lovers will appreciate local cafe's like Timothy's World Coffee, Chatime, and Starbucks. Do you enjoy being in the kitchen? Pick up groceries at H Mart Dundas. Foodies won't be disappointed by the presence of excellent local restaurants The Queen & Beaver Public House, VOLOS and Adega Restaurante. There is a surprising amount of green space with Podium Green Roof, Toronto Urban Native Ministry, and Ontario Veterans War Memorial in Bay Street Corridor. You can find the pharmacy Global Drug Mart in Bay Street Corridor. There is great shopping at Pure Laneige. The Hospital for Sick Children is the closest hospital to Bay Street Corridor. If you are looking to visit a museum or art gallery Art Boulle can be found in Bay Street Corridor. Be sure to check out Homefit and Crunch Fitness - College Park if your condo building does not have a gym- some great local fitness centers! Take your pets to Lucky Tails Pet Boutique. If you enjoy reading you will be happy CMC is in Bay Street Corridor. The local schools in Bay Street Corridor is St Joseph's. There are many students in this neighbourhood as Ryerson University - Ted Rogers School of Management is located within it. Ride the subway underground, the closest station is Queen's Park. For those who love to travel Hospital Helipad is nearby to catch a flight.

What to Expect

The financial, hospital and discovery districts are not the only features of this neighborhood. You’ll also get Ryerson, City Hall and Downtown Yonge st. This energetic, historic spot has been gentrified once again by condos and young urban professionals. An area designed around the pedestrian ,there are above ground street level shops on every block. There are also many indoor shopping areas like the Atrium on Bay, The Eaton Centre, College Park and access to all of them through the underground, retail centric PATH. The Bay St. Corridor is accessible by the Queen streetcar which runs 24 hours and the University line of the Subway. There is also a 24 hour bus on Yonge street. This fast paced zone is the most densely populated ward in the GTA. It hums from morning until night Monday to Friday. 

Demographics

This is an area dominated by the working professional. It is largely English speaking but due to  the financial industry you can also find a generous Mandarin Speaking population, other Chinese speakers any many Arabic speakers as well. There is a high percentage of very well educated individuals, many of whom have immigrated from China. Most homes are single dwellings or have couples with no children. Expect to find a huge amount of high rise Condominiums except in very rare cases. The average household income in the Bay St. Corridor is in the $60,000 range.

Lifestyle

You’ll want to keep up the pace in this core neighborhood. Find a favourite among the many shoe stores in the area, you’ll be doing a ton of walking. Most people will walk or take the TTC to work, walk home and walk to recreational activities in the neighborhood. Driving and cycling are much less likely in this area. If you plan to keep a car, expect to pay a premium every month to park, you’ll also want to keep up with traffic trends when exiting the city. This is the place called to mind when you say “downtown”. The Eaton Centre has a constant fervor of activity and when there is free moment Queen’s Park and City Hall offer relaxing places to sit and watch the people. There are all manner of restaurants, but this area is especially friendly for takeout and take-home food. Expect that business adjacent services and restaurants might not open for weekends but streetside eats and amenities will tick round the clock. There is a YMCA in the area that includes an indoor pool. There are venues for live theatre and some very fine dining outlets. 

What you'll love

Life in the Core. This area epitomizes downtown living. A fast paced, work/live community with all of the perks. The Eaton Centre. There is nothing you can't find in the Bat St. Corridor. But, just in case there is also a Best Buy and a Canadian tire on the Bay st side of the Complex. You’ll be in fashion well fed and connected. The rooftop garden at City Hall. It is already a ton of fun down in Mel Lastman square, there are fountains in the summer, skating in the winter, a huge stage and plenty of snacks. However, if that isn’t enough and you need a small break from the pulse of the core, take a trip up the ramp to the rooftop green space. You’ll be amazed at the tranquility and solitude of the fresh outdoor area. Easy Transportation. As great as life in the core can be, if you need a little escape, transportation out is so easy. The Greyhound station is there, the TTC and easy commute to Union station as well as being able to pick up the Gardiner and Lakeshore just a few blocks south.