Toronto Real Estate Neighbourhoods: Bay Street

What Wall Street is to the U.S., Bay Street is to Canada. This neighbourhood is the fast-beating heart of Toronto's financial district. Four out of five major Canadian banks have office towers at the intersection of Bay Street and King Street. Bay Street stretches from the Toronto Harbour in the south to Davenport Road in the north.

During the 1990s, condominium developments swelled along Bay Street, offering urban living in a comfortable yet luxuriously expensive proximity to the headquarters of the country's largest companies and financial institutions. The Great Fire of 1904 left most of the downtown core in ruins. Bay Street, right up to Queen Street, burned to the ground.

Over the years, Bay Street has been able to rebuild itself into an economical engine, not only for the city, but perhaps for the country as well.

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