Located at the high-profile corner of Bay and Adelaide, 320 Bay Street offers a rare opportunity to lease retail space in one of Toronto’s most iconic and historically significant buildings. Originally constructed in 1931 as the Canada Permanent Trust Building, this 18-storey art deco landmark was designed by renowned architect Henry Sproatt and features soaring ceiling heights and stunning architectural details that elevate the tenant experience. The building is PATH-connected, providing direct access to Toronto’s 30 km underground pedestrian network that links over 75 buildings, six subway stations, nine hotels, and Union Station. This connectivity, combined with proximity to five subway stops and all major downtown transit options, ensures exceptional accessibility and foot traffic. Surrounded by top-performing restaurants, luxury hotels, and premier retail destinations, the property benefits from a vibrant daytime population and robust tourism activity. Nearby attractions include the Toronto Eaton Centre, Nathan Phillips Square, Scotiabank Arena, and the CN Tower. The location is also adjacent to the Financial District, making it ideal for flagship retail, upscale food and beverage, or experiential concepts seeking visibility and prestige.