Opera Place

1 - About Opera Place

Address: 889 Bay St, Toronto
Neighbourhood: Bay Street Corridor
Storeys: 16
Units: 154
Built Year: 1999
Builder: East of Bay Developments Corporation
Building Type: High-Rise Condo
Suite Sizes: 538 sqft - 1,301 sqft
Average Price: $868 / sq. ft.

2 - Overview of Opera Place

Opera Place occupies the site once chosen for Moshe Safdie's proposed opera house, a government-led project that was cancelled in the early 1990s and remained vacant until the late 1990s. Completed in 1999, the 16-storey post-modern building uses brickwork and glass, offering a striking counterpoint to the glass skyscrapers that dominate the downtown core.

With a relatively small number of units, the building provides less density than its neighbouring high-rises. The development transformed a high-profile vacant site into established urban density during the turning point of the 1990s in the Bay Street Corridor.

3 - Suite Sizes & Value

Suites range from 538 square foot studios to 1,301 square foot two-bedroom plus den layouts. Average Price: $868 / sq. ft.

Common features include marble two-level foyers, ceramic tiling in kitchens, and 40 oz broadloom in living rooms and bedrooms. Solid core entry doors lead to suites with individually controlled heating and air conditioning, and most units feature private balconies or terraces. The building serves as an accessible entry point compared to newer high-rises in the immediate area.

4 - Building Amenities & Features

• 24-hour concierge and security
• Exercise gym
• Sauna
• Party room
• Conference room and media room
• Underground parking
• Ground-level commercial retail (Presse Cafe)
• Solid core entry doors with 40 oz broadloom in all suites

5 - Location Highlights

• Transit Access: 889 Bay Street sits between Wellesley and College subway stations, with a 4-minute walk to the 306 and 506 Carlton streetcar lines
• Parks: Alexander Street Parkette, James Canning Gardens, and College Park are all nearby
• Education and Healthcare: Walking distance to University of Toronto and proximity to University Avenue hospitals including SickKids, Mt. Sinai, and Toronto General Hospital
• Culture and Shopping: Close access to the Royal Ontario Museum, Bloor-Yorkville shops, Eaton Centre, Massey Hall, and Elgin and Winter Garden Theatre

6 - Lifestyle Near Opera Place

Opera Place provides urban living in the heart of the city. With a Walk Score of 98, the location attracts professionals working in the Financial District and provincial government offices at Queen's Park. Residents enjoy immediate access to the commercial districts along Yonge Street and Yorkville, combining geographic centrality with neighbourhood stability near major institutional sites.

7 - About the Developer

East of Bay Developments Corporation developed the Opera Place complex, including the towers at 887 and 889 Bay Street. The developer successfully transformed a stalled government site into a thriving residential community during the late 1990s urban development boom.