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CA$1,869 /Month
  • Posted on: May 05, 2026
  • AD ID: 2019728
  • Posted by: G R

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Gerrard Residences Apartments | Downtown Toronto Studio & 1 Bed Rentals

Overview

Gerrard Residences offers convenient downtown Toronto living with studio and 1-bedroom suites, pet-friendly policies, and amenities including an indoor pool, storage, and secure building access. Situated in the Garden District, residents enjoy a walkable lifestyle close to shopping, nightlife, and public transit.

  • Available from05 May 2026
  • Accomodates1
  • Posted byG R
  • Room TypeApartment
  • Expected Rent CA$1,869 /Month
  • Bedrooms1 Bed
  • Bathrooms1 Bath
  • Area454 sqft
  • Stay TypeLong/Short Term
  • Accomodation TypeStudio Apartments

Amenities

  • Water
  • Wi-Fi
  • TV/Cable
  • Electricity
  • Room Heater
  • Refrigerator
  • Washer
  • Kitchen

Tenant Preferences

  • Don't mind/No preference
  • 18 to 99 (Any)

Verified Credentials

  • Phone Verified
  • Mail Verified
Want to Rent this property? Contact Property

Universities and Colleges nearby

Gerrard Residences Apartments | Downtown Toronto Studio & 1 Bed Rentals in Toronto, ON

Location Highlights

Welcome to the Gerrard Residences Apartments, a well-maintained rental property located at 40 Gerrard St E, Toronto, ON M5B 2E8, Canada. This property offers a 1-bedroom apartment with all the necessary utilities, perfect for singles or couples looking for a comfortable living space in Downtown Toronto.

Property Specifications

This apartment comes with a fully equipped kitchen, a room heater, Wi-Fi, TV/Cable, a refrigerator, and a washing machine. The unit is a spacious 454 sq ft, with 1 bedroom and 1 bathroom, making it ideal for a single person or a couple. It is available from May 5, 2026.

Transit Access: Toronto Eaton Centre is just 0.3 miles away, and Dundas Station is only 0.1 miles away, providing easy access to public transit.

Grocery & Essentials: Loblaws, a popular grocery store, is located within 0.2 miles of the property.

Bus Stop: The nearest bus stop, Yonge St at Gerrard St East, is a mere 0.1 mile away.

Nearby Universities: Ryerson University and the University of Toronto - St. George Campus are 0.1 mile and 1.3 miles away, respectively, making this a great location for students.

Nearby Neighborhoods: The property is in close proximity to Garden District, Church-Yonge Corridor, and Bay Street Corridor neighborhoods.

Why Choose This Apartment?

With its convenient location, ample amenities, and reasonable rent of $1869/month, Gerrard Residences Apartments is an excellent choice for those looking for affordable housing in downtown Toronto.

Unit Details

The apartment is a spacious 454 sq ft, with 1 bedroom and 1 bathroom, making it ideal for a single person or a couple.

Rent Trends in Toronto, ON

The average rent for a 1-bedroom apartment in Toronto, ON, is around $2000/month. With a rent of just $1869/month, Gerrard Residences Apartments offers excellent value for money.

Ideal For:

This apartment is suitable for singles, couples, students, and professionals working in downtown Toronto.

Top Benefits of Living in Toronto, ON:
  • Access to a wide range of lifestyle amenities and services
  • Proximity to major universities and employment hubs
  • Excellent public transport connectivity

FAQ's

  • How many bedrooms and bathrooms does the unit have?

    The rental units at Gerrard Residences Apartments in Downtown Toronto offer one bedroom and one bathroom, perfect for students, professionals, or anyone looking to live in the heart of the city.

  • What is the total square footage of the property?

    The total square footage of the rental units at Gerrard Residences Apartments is 454 sqft. This provides a comfortable living space for residents.

  • When is the property available for move-in?

    The property will be available for move-in from 05 May 2026. We recommend future tenants to contact us in advance for any inquiries or to arrange a viewing.

  • What is included in the rent?

    The rent for the Gerrard Residences Apartments includes utilities such as water, Wi-Fi, TV/Cable, electricity, a room heater, refrigerator, washer, and access to the kitchen.

  • How close is this rental to public transportation?

    Gerrard Residences Apartments is located in Downtown Toronto, which is well-serviced by public transportation. The exact distance may vary, but generally, public transportation is easily accessible in this part of the city.

  • What amenities are included?

    The rental includes a range of amenities to enhance your living experience. These include water, Wi-Fi, TV/Cable, electricity, a room heater, refrigerator, washer, and access to the kitchen.

  • How does the rent compare to the average in this neighborhood?

    The rent at Gerrard Residences Apartments is competitive and offers excellent value given the prime location and the range of included amenities. For a specific comparison, we recommend looking at current rental prices in the Downtown Toronto area.

Places Nearby

Popular places Nearby School 40 Gerrard St E, Toronto, ON M5B 2E8, Canada include Bloorview School Authority, Milton High School, Dufferin-Peel Catholic District School Board. Nearby 0 40 Gerrard St E, Toronto, ON M5B 2E8, Canada include . Nearby Landmark 40 Gerrard St E, Toronto, ON M5B 2E8, Canada include Mother India Restaurant, 309 Dhaba Indian Excellence, KAMA Classical Indian Cuisine.

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Expected Rent CA$1,869 /Month
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Rental Stats and Trends

Market Summary

Price Trend has been created based on the asking prices of the rental houses listed on the website

Data shown is for the current year

Market Summary for Toronto, ON
CA$1598Average Rent
0%Year-Over-Year Change
14Apartments for rent

Toronto, ON Rent Ranges

What is the average rent in Toronto, ON?

The average rent for Apartment in Toronto, ON is CA$1598, a 0% decrease compared to the previous year.

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