1331 Bay is an 8-storey mid-rise residential building developed by I.D.J. Development Group and completed in 1985. The building contains 24 units, making it a smaller, more intimate residential property compared to larger downtown towers. Its human scale fits well within the Annex neighbourhood's residential character. The building features distinctive amenities including an atrium with sculptures and garden, in-suite laundry in units, private balconies, and whirlpools. This combination of thoughtful design and practical features has helped the building maintain its appeal to renters and owners over nearly four decades. The 1985 construction date means the building has undergone various updates while retaining its mid-rise proportions and core residential appeal.

1331 Bay is located in the Annex, one of Toronto's most distinctive and walkable neighbourhoods. The area is characterized by tree-lined streets, independent shops, restaurants, bookstores, and a strong community feel. You're steps from Bloor West, a major shopping and dining corridor, and the University of Toronto campus, which shapes the neighbourhood's culture and energy. Transit access is excellent: the building is within walking distance of streetcar lines on Bloor and College, as well as nearby bus routes. This makes car ownership optional for many residents. The neighbourhood attracts a mix of students, young professionals, academics, and established families. It's known for being intellectually engaged, with good food options and a lower-key alternative to downtown living while maintaining excellent connectivity.

Units at 1331 Bay average around 700 square feet and come with private balconies and in-suite laundry, both significant conveniences for daily living. The building's smaller size of 24 units means a tighter community and often more responsive building management compared to larger towers. Balconies provide outdoor space, which is valuable in an urban setting. When considering a unit here, ask about maintenance fees, which vary by building age and services; review the building's reserve fund status and any planned renovations. Since the building was constructed in 1985, inquire about any recent system upgrades such as plumbing, electrical, or HVAC work. The atrium with sculptures and garden creates a pleasant common area for residents. Check lease terms carefully if renting, and if buying, understand condo fees and what amenities they cover. The Annex location offers strong walkability and transit, so consider whether you'll use nearby shops, restaurants, and services regularly.