40 Bay St, Toronto: Institutional Project Renovation

Institutional Project Renovation at 40 Bay St, Toronto was permitted on April 27, 2026 with a stated construction value of $25M to $50M. Proposed renovation to L100 public galleria; L200 sher club balcony and escalator landing; L600 east suites, corridor, elevator lobby and washrooms Builtie tracks the project's stage, the trades still being bought and the people who decide.
The same four steps, whether the buyer is a builder, a designer, an owner or a company you want to acquire.
The project
| Address | 40 Bay St, Toronto |
| Project | Institutional Project Renovation |
| Building type | Institutional |
| Work | Renovation or alteration |
| Permit issued | April 27, 2026 |
| Stated construction value | $25M to $50M |
| Estimated stage | Foundation |
| Company named on the permit | Resolved in Builtie |
| Decision makers and contacts | In Builtie |
From the permit: “Proposed renovation to L100 public galleria; L200 sher club balcony and escalator landing; L600 east suites, corridor, elevator lobby and washrooms”
Which trades are being bought now
The project is at the foundation stage. At that stage these trades are inside their award window, the stretch of the build when the builder or general contractor decides who gets the work:
| Trade | Award window |
|---|---|
| Construction Site Security | Before the start to 15% |
| Concrete and Foundation | Before the start to 5% |
| Structural Steel | 0% to 15% |
| Elevators | 0% to 20% |
| Framing | 0% to 20% |
| Painting | 5% to 35% |
| Masonry | 10% to 30% |
| Waterproofing | 10% to 35% |
| Roofing | 15% to 35% |
| Windows, Doors and Glazing | 15% to 35% |
What Builtie adds
In Builtie: the decision makers on this project and their verified contacts, the trades already credited on it, the builder's other active permits, and LinkedIn and email outreach that runs while you work.
Other major projects in Toronto
- 185 Eileen Ave: 3-Storey Townhomes
- 230 Front St W: Office and Tenant Fit-Out
- 900 Bay St: Office and Tenant Fit-Out
- 33 Chatsworth Dr: 4-Storey Apartment Building
- 530 Front St W: Office and Tenant Fit-Out
All of them: major construction projects in Toronto. Builtie's Toronto data is the amalgamated City of Toronto, including Etobicoke, North York, Scarborough, East York and York. Mississauga, Brampton, Vaughan, Markham and the rest of the GTA issue their own permits and are not in the feed today, so a Toronto count is not a GTA count. Toronto states a construction cost on about a third of 2026 permits.
Plans
Builtie's Starter plan is $79 per seat per month (CAD) for 20 projects; Growth is $99 for 50 projects and adds the LinkedIn and email outreach you run yourself. Opening a project spends one credit, and the decision makers, emails, phones and AI call script inside it are included. Your monthly credits reset at each renewal, and extra credit packs are valid for 30 days. The free trial runs 7 days with 10 projects. Custom, where Builtie's team runs the outreach for you, starts from CAD $1,500 a month on top of a Growth seat.
Frequently asked questions
What is being built at 40 Bay St?
Institutional Project Renovation. Proposed renovation to L100 public galleria; L200 sher club balcony and escalator landing; L600 east suites, corridor, elevator lobby and washrooms
When was the permit issued for 40 Bay St?
April 27, 2026, by the City of Toronto.
Who is building 40 Bay St?
Builtie resolves the builder or general contractor behind the permit and attaches a verified decision maker.
Which trades does 40 Bay St need now?
At its current stage: site security, concrete, structural steel, elevator, framing, painting, masonry, waterproofing.
What does Builtie cost?
Starter is $79 per seat per month for 20 projects; Growth is $99 for 50 projects and adds LinkedIn and email outreach. There is a 7-day free trial with 10 projects.
