700 Bay St
700 Bay St is in Yonge-Bay Corridor. There are 7 planning proposals within 250 m, including an 85‑storey building with 1,709 homes and shops (under review). College Station is a 5‑minute walk.
Data as of Nov 9, 2026 · Every item lists its source
- 32 building permits in the last 5 years.
- An 85-storey building with 1,709 homes and shops is under review, 246 m away (33 Gerrard St W).
- Assaults, break-ins, robberies and thefts over $5,000 in Yonge-Bay Corridor were above the Toronto rate in 2025.
- College Station (Line 1) is about a 5-minute walk.
- The nearest elementary school is Orde Street Public School, 584 m away.
01What’s planned near 700 Bay St
7 planning proposals within 250 m (about a 3‑minute walk): seven in progress. Some cover several addresses; each proposal is listed once. That's more than at 95% of Toronto addresses.
In progress
- 180-storey building with shops2 Carlton St · 218 m awaySite plan: City review of the design and layout of a new building
City planners are reviewing it. Residents can comment before a decision is made.
Site Plan application for an 80-storey tower containing 69,448 square metres of residential GFA and 10,037 square metres of non-residential GFA (Non-res GFA includes 2 levels of retail and 5 levels of office space). The proposal consists…File 25 179288 STE 13 SA · submitted Jun 18, 2025 · City record and how to comment - 2Subdivision2 Carlton St · 218 m awaySubdivision: a request to divide land into new lots and streets
City planners are reviewing it. Residents can comment before a decision is made.
Draft Plan of Subdivision to create 6 development blocks.File 21 216098 STE 13 SB · submitted Sep 22, 2021 · City record and how to comment - 3Site plan700 Bay St · 222 m awaySite plan: City review of the design and layout of a new building
City planners are reviewing it. Residents can comment before a decision is made.
Proposed interior alterations to repurpose the existing building to create 249 purpose built rental units.File 26 231153 STE 11 SA · submitted Sep 2, 2026 · City record and how to comment
Development Applications and Committee of Adjustment Applications, City of Toronto. A proposal that covers several addresses is listed once. Decided: development files submitted in the last 4 years; Committee of Adjustment decisions in the last 2 years.
02Safety near 700 Bay St
Police recorded 560 major crimes within 500 m of this address from Oct 2025 to Sep 2026. That's more than at almost all Toronto addresses. The table compares the neighbourhood's rates with Toronto's.
| Major crime | Near this addresswithin 500 m, last 12 months | Yonge-Bay Corridor compared with Torontorate per 100,000 residents, 2025 | |
|---|---|---|---|
| Assaults | 404 near this address | 338% higher3,361 vs 768 per 100,000 | |
| Robberies | 44 near this address | 282% higher300 vs 79 per 100,000 | |
| Thefts over $5,000 | 17 near this address | 246% higher210 vs 61 per 100,000 | |
| Break-ins | 76 near this address | 191% higher552 vs 190 per 100,000 | |
| Car thefts | 19 near this address | 28% lower162 vs 225 per 100,000 | |
Source: Toronto Police Service Public Safety Data Portal, Major Crime Indicators (Oct 2, 2025 to Sep 30, 2026) and Neighbourhood Crime Rates. Reported incidents only; police place each incident at the nearest intersection. Five-year trends for Yonge-Bay Corridor
03Getting around from 700 Bay St
The nearest subway station is College Station (Line 1), about a 5‑minute walk (0.3 km). Within a 5‑minute walk there are 22 TTC stops served by the 506 and 505 streetcars and the 19, 97 and 13 buses, with about 4,715 departures on a typical weekday. The nearest GO train station is Union Station GO, 1.5 km away, with 354 train stops on a weekday.
Source: TTC · Line 1 · about 5 min walk
Source: GO Transit · 354 train stops on a weekday
TTC and GO Transit schedules for a typical weekday (Nov 11, 2026). Walking times are estimates.
04Schools and child care near 700 Bay St
The closest public and Catholic schools. They may not be the ones assigned to this address; check with the Toronto District School Board (TDSB) or Toronto Catholic District School Board (TCDSB).
Elementary schools
Share of Grade 6 students meeting the provincial standard. Toronto: 87% reading, 54% math.
Grades 7–8 schools
These schools start at Grade 7, after the Grade 6 tests, so they have no Grade 6 results.
Secondary schools
Share of students who passed the Grade 10 literacy test on their first try. Toronto: 84%.
The red tick on each bar is the Toronto average. Private schools within 1 km: The Ymca Academy Secondary School, Taie International Institute School, Ronald Mcdonald House, Le College Francais - Carlton Campus, Cornerstone Preparatory School - Main Campus and 5 more. Source: Ontario Ministry of Education (2026), EQAO results.
Within 500 m (about a 6‑minute walk): three licensed child care centres and one EarlyON centre.
Source: City of Toronto Licensed Child Care Centres, EarlyON Child and Family Centres, and ChildCareSafe (Toronto Public Health inspections).
05The building at 700 Bay St
There are no by-law investigations, heritage listing or short-term rental registration on record for 700 Bay St. Here is what the City does have.
Source: Building Construction/Demolition Violations
Source: Building Permits · 143 on record
Permit history: 12 projects from 25 permits (most recent 25 of 143)
- Interior Demolition · under review · issued Aug 17, 2026
Proposal for interior demolition of existing office floors from Level 2 - 24. · Permit 26 220851 - Interior Alterations · permit issued · issued Jul 21, 2025
Proposal for security gates install for existing shoppers drug mart. · Permit 25 195032 - Sign Building Permit Related · completed Nov 1, 2023
<4 Install 1 wall sign Canada Post · Permit 23 177523 - Other(FS) · permit issued · issued May 4, 2023
Upgrade existing fire protection service for the 700 Bay St side of the facility to connect to the fire pumps serving the 99 Gerrard St side of the facility. · Permit 23 125917 - Interior Alterations · inspection · issued Apr 24, 2023
Interior renovation to provide a retail area and an operation area with upgraded Hvac and Plumbing services in an existing unit. · 3 permits in this project (such as building, plumbing and heating) · Permit 23 126057 - Interior Alterations · completed Sep 29, 2023
Proposed interior alterations including removal and construction of new partitions. · 3 permits in this project (such as building, plumbing and heating) · Permit 22 233099 - Garage Repair/Reconstruction · permit issued · issued Jan 6, 2023
P1 Enwave Room - Slab reinforcing · Permit 22 232371 - Building work · inspection · issued Nov 18, 2022
Proposal to add two showers to level P1. · Permit 22 225879 - Interior Alterations · permit issued · issued Sep 1, 2022
Proposal for Interior Alterations to Medical Office in Unit 1903. · 3 permits in this project (such as building, plumbing and heating) · Permit 22 164559 - Interior Alterations · inspection · issued Jul 25, 2022
Proposal for interior alterations to the existing P1 Level parking garage for the mechanical service room upgrade. · 2 permits in this project (such as building, plumbing and heating) · Permit 22 173372 - Sign Building Permit Related · completed Jul 26, 2022
To erect and display one illuminated wall sign displaying static copy, located at first storey of north elevation.Dimensions:0.68m L x 3.65m W x 0.07m D at a height of 3.75m. · Permit 22 161224 - Interior Alterations · completed Nov 2, 2022
Proposal to return an existing ground floor level unit (Unit 3 - 'Curves') to base building condition. (Unit was previously Unit 108.) · 3 permits in this project (such as building, plumbing and heating) · Permit 22 147502
06Around the block
Stays of less than 28 days, like Airbnb. That's more than at most Toronto addresses (the typical address has 2).
Houses that rent individual rooms with shared kitchens or bathrooms. The City licenses them to enforce safety standards.
The Daily Dumpling Wonton (take-out or food shop), Mimuchas Place (take-out or food shop), Shawarma Royale (restaurant or bar), and 32 more.
20 Edward Street (211 m), 444 Yonge Street (280 m), 40 College Street (350 m), and 3 more.
Covenant House Gerrard St E (325 m), Covenant House McGill St (349 m), Street Haven Downtown Hotel Program (356 m).
All new business licences in Yonge-Bay Corridor (35)
- The Daily Dumpling Wonton · Take-out or food shop · 181 Bay St · 1306 m · licensed Nov 6, 2026
- Mimuchas Place · Take-out or food shop · 123 Queen St W · 773 m · licensed Nov 5, 2026
- Shawarma Royale · Restaurant or bar · 366 Yonge St · 230 m · licensed Nov 5, 2026
- Gb Hand-Pulled Noodles · Sidewalk café · 66 Edward St · 194 m · licensed Nov 5, 2026
- Jacked Up Coffee · Take-out or food shop · 120 Adelaide St W · 925 m · licensed Nov 4, 2026
- Concord Room · Restaurant or bar · 40 Temperance St · 895 m · licensed Nov 1, 2026
- Hy's Toronto · Restaurant or bar · 365 Bay St · 869 m · licensed Oct 28, 2026
- A&W · Take-out or food shop · 220 Yonge St · 644 m · licensed Oct 27, 2026
- Conrad Sandbacka · Salon or personal services · 600 Bay St · 262 m · licensed Oct 23, 2026
- Galbi Bbq Rice Bowl · Take-out or food shop · 444 Yonge St · 304 m · licensed Oct 20, 2026
- Marry Me Mochi Eaton Centre · Take-out or food shop · 220 Yonge St · 644 m · licensed Oct 15, 2026
- Impark · Parking lot · 1 Dundas St W · 382 m · licensed Oct 15, 2026
Source: Short Term Rentals Registration, Multi-Tenant (Rooming) House Licences, Business Licences and Permits (storefront types; owners’ personal names are never shown), POPS, and Daily Shelter Occupancy (Nov 6, 2026). Confidential shelter locations are not published.
07Risks and environment at 700 Bay St
Source: TRCA Regulation mapping 2025
Source: Non Regulated Lead Sample · 2 tests, Jun 17, 2014 to Apr 17, 2015
Source: Environment and Climate Change Canada · hourly
TRCA mapping is for screening, not site-specific decisions. Lead results are voluntary samples from homes in the postal area, not this address.
08The neighbourhood: Yonge-Bay Corridor
Yonge-Bay Corridor had 12,645 residents in 2021. The median household income was $68,500, lower than the typical Toronto neighbourhood ($85,000). 68% of households rent (typical neighbourhood: 46%). 56% of renters spend 30% or more of their income on housing. 21% of workers commuted by transit and 56% walked or cycled (typical neighbourhood: 26% and 5%). The most common first languages other than English and French are Mandarin (14.7%), Cantonese (5.2%) and Arabic (4.8%). Source: 2021 Census; the next census was taken in 2026.
Rents aren't published for single neighbourhoods. Across central Toronto (the old City of Toronto, before the 1998 amalgamation), a two-bedroom in a purpose-built rental building averaged $2,457 a month in October 2025, up 6% from a year earlier. The Toronto average was $2,055. The vacancy rate was 3.2%. These averages include long-term tenants; new listings usually cost more.
| Average rent, October 2025 | Central Toronto | Change in a year | Toronto |
|---|---|---|---|
| Studio | $1,526 | +2% | $1,499 |
| 1 bedroom | $1,914 | +4% | $1,763 |
| 2 bedrooms | $2,457 | +6% | $2,055 |
| 3 bedrooms or more | $3,195 | 0% | $2,361 |
Source: CMHC, Rental Market Survey (October 2025), purpose-built rental apartments, central Toronto (the old City of Toronto, before the 1998 amalgamation). CMHC doesn’t publish rents for single neighbourhoods. Adapted by My Address in Toronto.
How Yonge-Bay Corridor compares with the rest of Toronto →Archive photos from near this address: myaddressintoronto.com/address/700-bay-st#sec-history
