Toronto · Ward 03 · PRIVATE
23 Third St
Toronto, Ontario · postal area M8V · New Toronto
11 units · 3 storeys · built 1970 · managed by 346 HOPEWELL INC
LTB orders, Jan–June 2026
0Rent control
Likely rent-controlledFire code
no violations in Toronto Fire's high-rise inspection recordsInvestment (5 yrs)
2Property standards
no property-standards investigations recorded in the last 2 yearsBuilding facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
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 · New Toronto
What rents cost here · Etobicoke South zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,788 | $1,491 |
| 1-bedroom | $1,820 | $1,480 |
| 2-bedroom | $2,233 | $1,754 |
The gap is what moving costs: a vacant 2-bedroom rents about 27% above what sitting tenants pay. Only 7.6% of units changed tenants in the year to the survey. Vacancy rate: 2.7%. Average rents in this zone rose 3.3% 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 buildingStops within 500 m: 3
Bus routes: 110
Streetcars: 507
24-hour night routes: 301, 337
Nearest subway: Kipling Station · 5.1 km
Nearest intersection: Lake Shore Dr & Third · 97 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 38%
Renters in subsidized housing: 26.9%
Median household income: $68,500
Average household: 2.2 people
Median age: 40.4
Homes in 5+ storey buildings: 21.8%
Moved in the past year: 11.7%
Residents: 13,064
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: New Toronto Seniors' Centre 214 m · Lamp Community Health Centre 519 m
Libraries: New Toronto 829 m · Mimico Centennial 1.7 km
Schools nearby
Distances from this buildingMiddle: Second Street Jr Mdl School · 441 m
Secondary (high school): Lakeshore Collegiate Institute · 1.6 km
Catholic elementary: St Josaphat Catholic Elementary School · 762 m
Catholic secondary: Father John Redmond Catholic Secondary School · 1.5 km
Recent building permits
| Issued | Type | Work | Est. cost | Status |
|---|---|---|---|---|
| Jul 31, 2025 | Small Residential Projects | Multiple Projects | $300,000 | Inspection |
| Jul 31, 2025 | Plumbing(PS) | Building Permit Related(PS) | — | Inspection |
Permits filed at this address since August 2021 (City of Toronto building permits, active file). Permit activity is a sign the owner is investing in the building; estimated costs are as declared by the applicant.
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.