Toronto · Ward 02 · PRIVATE
240 Markland Dr
Toronto, Ontario · postal area M9C · Markland Wood
113 units · 10 storeys · built 1959 · managed by KIPLING RESIDENTIAL MANAGEMENT INC
LTB orders, Jan–June 2026
4Rent control
Likely rent-controlledFire code
0Investment (5 yrs)
12Property standards
22Building 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 · Markland Wood
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: 4
Bus routes: 49
Nearest subway: Kipling Station · 3.6 km
Nearest intersection: Bloor & Markland (West) · 88 m · 18,122 vehicles in the City's latest count
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 37.2%
Renters in subsidized housing: 1.8%
Median household income: $105,000
Average household: 2.5 people
Median age: 50.8
Homes in 5+ storey buildings: 46.8%
Moved in the past year: 6.6%
Residents: 11,437
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Etobicoke Olympium 2.4 km · Rathburn Area Youth (Ray) 2.5 km
Libraries: Eatonville 2.5 km · Elmbrook Park 3.5 km
Schools nearby
Distances from this buildingMiddle: Bloordale Mdl School · 1.2 km
Secondary (high school): Silverthorn Collegiate Institute · 977 m
Catholic elementary: St Clement Catholic Elementary School · 528 m
Catholic secondary: Michael Power St Joseph Catholic High School · 3.4 km
Score history
| Evaluation | Score |
|---|---|
| Aug 20, 2024 | 74 |
| Sep 2, 2026 | 97 |
Fire code violations
43 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 0 currently open. Most frequent:
- Maintenance of closures (5)
- Damaged fire separations (3)
- Accumulation of combustible materials (2)
Source: Toronto Fire Services residential inspection results, refreshed daily. A violation record is a finding at inspection time; open items are those without a recorded close date.
Recent building permits
| Issued | Type | Work | Est. cost | Status |
|---|---|---|---|---|
| Jun 11, 2026 | New Building | New Building | — | Revision Issued |
| Jun 12, 2025 | Fire/Security Upgrade | Fire Alarm | $80,000 | Permit Issued |
| May 27, 2024 | New Building | New Building | $84,000,000 | Inspection |
| May 27, 2024 | Drain and Site Service | Inside and Outside Drains | $10,000,000 | Inspection |
| Mar 8, 2024 | Plumbing(PS) | Building Permit Related(PS) | — | Inspection |
| Feb 12, 2024 | Mechanical(MS) | Building Permit Related(MS) | — | 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 →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-L-020590-26 | L1 eviction application for rent arrears | May 22, 2026 | |
| LTB-L-031217-26 | L1 eviction application for rent arrears | May 8, 2026 | |
| LTB-L-011804-26 | L1 eviction application for rent arrears | May 5, 2026 | |
| LTB-L-011805-26 | L1 eviction application for rent arrears | Apr 29, 2026 |
Final orders published by Tribunals Ontario (Jan–June 2026 release). An order records the outcome of an application; a high count of L1 (arrears) filings reflects filing activity, not the state of the building. Orders with confidentiality directives are excluded at source.