Toronto · Ward 13 · PRIVATE

2 Prospect St

Toronto, Ontario · postal area M4X · Cabbagetown-South St.James Town

15 units · 4 storeys · built 1910 · managed by CATERINA PROPERTIES INCORPORATED

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RentSafeTO score

evaluated Aug 21, 2026 · proactive score 18 · what scores mean

LTB orders, Jan–June 2026

no final orders in this period

Rent control

Likely rent-controlled

first occupied before Nov 15, 2018 — the annual guideline (2.1% in 2026) applies · details

Fire code

no violations in Toronto Fire's high-rise inspection records

Investment (5 yrs)

building permits since Aug 2021

Property standards

investigations in the last 2 years · none open now · 2 open deficiencies

Building facts

Heatinghot water

Laundry roomyes

Visitor parkingunavailable

Bike parkingnot available

Elevators0

Sprinklersyes

Fire alarmyes

Barrier-free entranceno

Pets allowedno

Non-smokingyes

Hydro metered per unitno

Gas metered per unitno

Intercomyes

Lockers / storageno

Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.

Inspection breakdown

Laundry Room0 / 3

Garbage/Compactor Room0 / 3

Building Exterior1 / 3

Windows2 / 3

Balcony Guards3 / 3

Common Area Ventilation0 / 3

Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.

Neighbourhood & getting around · Cabbagetown-South St.James Town

What rents cost here · Toronto Central zone

Zone-wide market averages — not this building's rents

Unit	Vacant units rent for	Sitting tenants pay
bachelor	$1,790	$1,599
1-bedroom	$2,321	$2,036
2-bedroom	$3,128	$2,766
3-bedroom+	—	$3,556

The gap is what moving costs: a vacant 2-bedroom rents about 13% above what sitting tenants pay. Only 11.8% of units changed tenants in the year to the survey. Vacancy rate: 2.8%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.

Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.

Getting around

Distances from this building

Nearest stop: Wellesley St East at Ontario St · 111 m
Stops within 500 m: 19
Bus routes: 65, 75, 94
Streetcars: 506
24-hour night routes: 306, 365
Nearest subway: Sherbourne Station · 702 m
Nearest intersection: Ontario & Wellesley · 106 m

TTC schedule data · routes serving stops within 500 m · straight-line distances · nearest intersection from CornerFacts, our sister site

Who lives in the area

Whole neighbourhood — not this building

Households renting: 54.9%
Renters paying 30%+ of income: 38.6%
Renters in subsidized housing: 25.8%
Median household income: $76,500
Average household: 1.8 people
Median age: 45.2
Homes in 5+ storey buildings: 51.9%
Moved in the past year: 15.2%
Residents: 13,073

2021 census · Cabbagetown-South St.James Town

Area safety

Whole neighbourhood — not this building

2026 so far (to June): 60 assaults, 18 break-and-enters, 4 auto thefts and 4 robberies — 13% fewer than the same months of 2025

Full year 2025: 141 assaults, 42 break-and-enters, 19 robberies and 12 auto thefts — robbery, break-and-enter and assault run above the typical Toronto neighbourhood; auto theft below.

311 noise complaints in postal area M4X: 86 in 2026 so far (92 in all of 2025).

Police-reported · whole neighbourhood, not this building

What's nearby

Distances from this building

Parks: Bleecker Parkette 111 m · Winchester Park 113 m · Winchester Square Park 273 m
Community centres: Wellesley Community Centre 260 m · PAM McCONNELL AQUATIC CENTRE 1.0 km
Libraries: St. James Town 240 m · Parliament Street 619 m

City of Toronto open data · straight-line distances

Schools nearby

Distances from this building

Elementary & middle: Winchester Jr & Sr Public School · 74 m
Secondary (high school): Jarvis Collegiate Institute · 501 m
Catholic elementary: Our Lady Of Lourdes Catholic Elementary School · 261 m
Catholic secondary: St Michael'S Choir School - Secondary · 1.3 km

Nearest board-run school by straight-line distance — catchment zones are set by each school board, so confirm with the board's Find Your School tool.

Who to contact about building problems. Put requests to your landlord in writing first. Unresolved property-standards issues go to the City through 311 (RentSafeTO). If 311 doesn't resolve it, your councillor's office can escalate: Ward 13 (Toronto Centre) — Chris Moise, Councillor_Moise@toronto.ca · 416-392-7903.

Score history

Evaluation	Score
Sep 14, 2024	69
Aug 21, 2026	18

Landlord and Tenant Board orders

How to read these orders and codes →

No final LTB orders were published for this address between January and June 2026. Earlier years will appear as Tribunals Ontario backfills its catalogue to 2021.

Landlord or manager of this building? You can request a correction or add a response that will appear beside this record. Every fact above links to its official source and date.