1001 Bay is a 35-storey high-rise residential tower completed in 1989 by Strasscorp Holdings. It contains 564 units, ranging primarily from one to three bedrooms, with an average unit size around 762 square feet. The building includes a full complement of amenities: an indoor pool, sauna, exercise room, gym, and basketball court. Building security is provided by on-site security guards. Parking is available, and there's a library for residents. The building operates under a standard condo corporation structure with monthly maintenance fees. It's a well-established property that has served as a downtown residential anchor for over three decades.

1001 Bay is located in the Bay Street Corridor, one of Toronto's most connected neighbourhoods. The building sits directly on Bay Street between Bloor and Dundas, placing it within easy walking distance of Wellesley subway station (TTC Line 1). This puts the Financial District, Queen West, and Yorkville all within reach by foot or transit. The area is pedestrian-friendly with shops, restaurants, and cafu00e9s along Bay and nearby streets. University Avenue is minutes away, as are the cultural institutions and green space of the University of Toronto campus. For downtown workers, students, and anyone seeking walkable urban living, this location offers immediate access to employment, transit, and entertainment without relying heavily on a car.

Units at 1001 Bay typically range from one-bedroom (around 550u2013700 sq ft) to three-bedroom layouts. Average unit size is approximately 762 square feet, so expect varied footprints depending on bedroom count and layout. Rental demand is steady, with current listings averaging $3,014 per month. When evaluating a unit, check the unit condition and when it was last updated, since the building dates to 1989 and unit finishes vary widely. Confirm maintenance fees with the condo corporation, as they cover building upkeep, security, amenities, and the full-time staffing of the facility. Parking availability and locker space should be clarified before committing. The indoor pool, gym, and other amenities add value for residents who use them. Ask about any special assessments or capital improvement plans. For renters, consider proximity to your workplace and whether the building's walkability and transit access match your daily routine.