1240 Bay Street 706

Getting around Very walkable

• 🚇 Bay Subway1 min walk
• 🚇 Bloor-Yonge Subway5 min walk
• 🚆 Toronto Union Station GO3.0 km

Within a 10-minute walk: 12 grocery stores, 238 cafés and restaurants, 35 parks, 17 pharmacies. Nearest grocery: independent City market (150 m). Nearest park: Village of Yorkville Park (150 m).

Schools nearby

Elementary

• Jesse Ketchum Junior and Senior Public School
  EQAO: Gr 6 reading 96%, math 71%5 min walk
• Huron Street Junior Public School
  EQAO: Gr 6 reading 79%, math 59%16 min walk
• Rosedale Junior Public School
  EQAO: Gr 6 reading 100%, math 100%16 min walk

Secondary

• St. Joseph's College School Catholic
  EQAO: Gr 9 math 66%, literacy test 87%11 min walk
• Msgr Fraser College - Isabella Campus Catholic16 min walk
• Native Learning Centre18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5R

Owners / renters

39% / 61%

Median household income

$86,000

Average age

46

Children under 15

8%

Homes

5% detached, 54% high-rise

Commute by transit

25%

Population

26,197

Languages spoken most at home besides English: Mandarin 1.3%, Spanish 1%, Yue (Cantonese) 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Annex (2025): 35% above the Toronto average, down 12% from the year before.

• Assault41% above average
• Break and enter104% above average
• Auto theft48% below average
• Robberyabout average
• Theft from vehiclesabout average
• Shootings36% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 37 active

• 2 BLOOR ST E · 350 m
  Official Plan / Zoning By-law Amendment · Under Review · applied 2026
  Zoning By-law Amendment to permit a self-storage warehouse use on floors 2-5 (formely The Bay retail space). The existing ground floor retail unit will be…
  Application details
• 27-29 YORKVILLE AVE · 100 m
  Plan of Condominium · Under Review · applied 2026
  Draft Plan of Condominium Application for North Tower B with 760 residential units proposed.
  Application details
• 27-29 YORKVILLE AVE · 100 m
  Plan of Condominium · Under Review · applied 2026
  An application for Draft Plan of Condominium. The application proposes to create 378 residential units.
  Application details
• 1075 BAY ST · 400 m
  Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
  Official Plan & Zoning By-law Amendment to not replace the required office space and instead permit a minimum 1,815 m2 of non-residential space and/or…
  Application details
• 38 PARK RD · 450 m
  Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
  Proposed 31-storey (107.9 metres) purpose-built rental building and the restoration and adaptive reuse of the heritage building at 50 Park Road, which is…
  Application details
• 55 BELMONT ST · 450 m
  Site Plan · NOAC Issued · applied 2025
  Proposed 11-storey addition that will add 168 long-term care beds and 30 assisted living units at the north end of the existing long-term care home for seniors.
  Application details

48 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

• Interior Alterations · 2020 · Permit Issued
  Creation of small office within existing space - Unit 407
• Interior Alterations · 2019 · Closed
  REV01: Revision to permit 19-109266 BLD to revise sprinkler design.Proposal for interior alterations for the constructtion of an elevatore…
• Multiple Projects · 2019 · Closed
  INTERIOR ALTERATION TO EXISTING UNIT #103 - new Barber Shop
• Interior Alterations · 2019 · Closed
  PROPOSED - INTERIOR ALTERATIONS TO OFFICE SUITE 500 "AROMA ESPRESSO BAR CANADA"
• Interior Alterations · 2018 · Closed
  Proposed interior alterations to existing physiotherapy offices.

12 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

26 City street trees within 100 m, mostly elms. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.