Toronto · Ward 14 · PRIVATE
240 Cosburn Ave
Toronto, Ontario · postal area M4J · Old East York
38 units · 6 storeys · built 1959 · managed by M&R PROPERTY MANAGEMENT
LTB orders, Jan–June 2026
0Rent control
Likely rent-controlledFire code
no violations in Toronto Fire's high-rise inspection recordsInvestment (5 yrs)
no permits on file since Aug 2021Property 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 · Old East York
What rents cost here · East York zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,420 | $1,331 |
| 1-bedroom | $1,968 | $1,561 |
| 2-bedroom | $2,705 | $1,801 |
| 3-bedroom+ | $3,766 | $2,171 |
The gap is what moving costs: a vacant 2-bedroom rents about 50% above what sitting tenants pay. Only 6.7% of units changed tenants in the year to the survey. Vacancy rate: 3.5%. Average rents in this zone rose 2.7% 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: 24
Bus routes: 8, 51, 62, 72, 87, 100
24-hour night routes: 322, 325
Nearest subway: Donlands Station · 1.2 km
Nearest intersection: Donlands & Cosburn · 143 m · 20,353 vehicles in the City's latest count
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 30.6%
Renters in subsidized housing: 5.5%
Median household income: $96,000
Average household: 2.5 people
Median age: 44
Homes in 5+ storey buildings: 13.7%
Moved in the past year: 7.4%
Residents: 10,072
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: East York Community Recreation Centre 485 m · Jenner Jean-Marie Community Recreation Centre 1.4 km
Libraries: Todmorden Room 495 m · S. Walter Stewart 1.1 km
Schools nearby
Distances from this buildingMiddle: Westwood Mdl School · 774 m
Secondary (high school): Danforth Collegiate & Greenwood Secondary School · 1.2 km
Catholic elementary: Holy Cross Catholic Elementary School · 235 m
Catholic secondary: St Patrick Catholic Secondary School · 1.9 km
Score history
| Evaluation | Score |
|---|---|
| Aug 15, 2023 | 98 |
| Jul 16, 2025 | 93 |
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.