Yonge Street is the home of or close to many places of interest in Toronto , including street and theater acts , the Eaton Centre , the Hockey Hall of Fame andâ `` at the very start of the roadâ `` ` One Yonge Street ' , the offices of the Toronto Star newspaper . Yonge is home or close to many attractions in Toronto , since , in addition to serving as the city 's `` main street '' , it runs near Bay Street ( center of the business district ) and University Avenue , home of the Ontario Legislature . Yonge is therefore a popular and commercial main thoroughfare rather than a ceremonial one , hosting live street and theater performances , the Eaton Centre , Yonge-Dundas Square and the Hockey Hall of Fame .