About The Century Plaza
The Century Plaza is a 29-storey high-rise residential tower built in 1991 by Barclay-Grayson, home to 352 units in Toronto's Bay Street Corridor. Located in the M4Y postal area, it's a substantial presence in one of the city's most established neighbourhoods, with an active rental market and strong owner-occupancy. The building offers a mix of unit sizes, with current rental stock averaging around 900 square feet and typically configured as three-bedroom homes.
The Bay Street Corridor is steps from Toronto's financial core, with Queen Street West and Dundas Street nearby for shopping and dining. Wellesley Station and College Station provide easy transit access, making commutes straightforward for professionals and transit-dependent residents. This location appeals to renters and buyers seeking walkability, urban convenience, and proximity to both downtown employment and mid-town neighbourhoods.
Frequently asked questions
What type of building is The Century Plaza and when was it built?
The Century Plaza is a 29-storey high-rise residential tower completed in 1991 by developer Barclay-Grayson. With 352 units in total, it represents a significant residential presence in the Bay Street Corridor. The building's scale and location made it an anchor property in this neighbourhood for over three decades. Units in the building typically range from one to three bedrooms, with an average size around 900 square feet, making it suitable for a variety of household types. The 1991 construction date means the building has undergone multiple renovation cycles, and prospective buyers and renters should inquire about recent updates to systems, finishes, and common areas.
What is the neighbourhood like around The Century Plaza?
The Century Plaza sits in the Bay Street Corridor, a mature and walkable part of downtown Toronto. You're steps away from Queen Street West and Dundas Street, both lined with restaurants, cafes, shops, and cultural venues. Wellesley Station and College Station are nearby, offering easy access to the TTC subway system and bus routes that connect across the city. The area is known for its mix of office towers, residential buildings, and street-level retail, creating an active urban environment. Many residents appreciate the proximity to Toronto General Hospital, University of Toronto campus areas, and the financial district employment base. It's a neighbourhood where you can walk to work, school, groceries, and entertainment, and where transit access makes car ownership optional.
What should buyers and renters know about living at The Century Plaza?
The Century Plaza offers a range of unit types, most commonly three-bedroom layouts averaging around 900 square feet, though smaller and larger units exist in the building. Renters should expect competitive monthly costs in the area, and both renters and buyers should ask about the building's maintenance fee structure, property tax assessment, and any ongoing or planned capital improvements. The building's 1991 construction means you should inquire about the age of systems like HVAC, plumbing, and electrical, and whether recent upgrades have been made. Ask the landlord or seller about pet policies, parking availability and costs, utility inclusions, and what amenities are available to residents. Since the building has 352 units, also ask about property management responsiveness and the condition of common areas like lobbies, hallways, and any shared facilities.