Living in the Bay/Bloor Area
The corner of Bay Street and Bloor Street in Toronto and the area surrounding is home to some of the best retail shopping anywhere in Canada. The Manulife Center, Holt Renfrew Center, 101 Yorkville Place, Hazelton Lanes Shopping Center, Cumberland Terrace, and Hudson’s Bay Centre form a solid block of upscale shopping equal in area to several city blocks. With each shopping centre connected to its neighbour's via underground tunnels, traveling between them is simple, which is especially nice in the winter when the wind and snow drops the temperature to well below freezing. Living in the Bay/Bloor area means everything you need, from groceries to Gucci, is at your fingertips.
Also near at hand are Toronto’s best hospitals and the Bay Street financial district, home of some of Canada’s largest banks, insurance companies, and trading firms. Chances are, if you have the budget to buy in downtown Toronto, you’ve got a high-level job at a place like this. While it can be nice to look at a picket fence when you go home, the long hours you work to get ahead won’t give you a lot of free time once you factor in the long commute to the suburbs. Buying a condo or renting an apartment in the Bay/Bloor area is a much more sustainable choice, since it will take you only minutes to walk to and from work.
Though the Bay/Bloor area is home to the Windsor Arms and the Four Seasons, which are among Toronto’s grandest addresses, not all of the condominiums or apartments in this area are beyond the means of everyone without an eight-figure salary. There are plenty of high and medium rise buildings that offer elegance without opulence, dropping the price tag down into the range of hard working doctors or financial planners that aren’t necessarily on the company board. Buildings like the Opera Place offer everything you need: a concierge service, fitness facility, common area, and parking, at prices ranging from $150,000 to $500,000 depending on the size of the suite. If you are looking to purchase one of the Bay Bloor condos in the area you may want to look into what the College Park Condos have to offer.
The exclusiveness of the Bay/Bloor area and its retail focus mean that it’s relatively quiet at night, allowing you to relax and enjoy your time off without throbbing dance club beats drifting in through the balcony doors. If you do feel the need to get your groove on, Yorkville - the dancing, dining, and entertainment district - is only a few blocks away. You can dine at a five-star restaurant, attend a sports game, a concert, or a play, then dance the night away, all within a few minutes walk from home.