Toronto · Ward 11 · PRIVATE
40 Park Rd
Toronto, Ontario · postal area M4W · Rosedale-Moore Park
39 units · 7 storeys · built 1954 · managed by ARCANOS PROPERTY MANAGEMENT CORPORATION
LTB orders, Jan–June 2026
1Rent control
Likely rent-controlledFire code
0Investment (5 yrs)
0Property standards
3Building 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 · Rosedale-Moore Park
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 buildingStops within 500 m: 15
Bus routes: 19, 97
Subway within 500 m: Line 1, Line 2
24-hour night routes: 300, 320
Nearest subway: Yonge Station · 248 m
Nearest intersection: Park & Collier · 58 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 48.1%
Renters in subsidized housing: 2.4%
Median household income: $122,000
Average household: 2 people
Median age: 50
Homes in 5+ storey buildings: 50.2%
Moved in the past year: 12.1%
Residents: 23,046
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Wellesley Community Centre 1.0 km · Brown Community Centre 1.9 km
Libraries: Toronto Reference Library 187 m · Yorkville 323 m
Schools nearby
Distances from this buildingMiddle: Jesse Ketchum Jr & Sr Public School · 582 m
Secondary (high school): Jarvis Collegiate Institute · 958 m
Catholic elementary: Monsignor Fraser College - Isabella North · 692 m
Catholic secondary: St Michael'S Choir School - Secondary · 2.0 km
Score history
| Evaluation | Score |
|---|---|
| Aug 12, 2024 | 89 |
| Aug 13, 2026 | 89 |
Fire code violations
23 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 0 currently open. Most frequent:
- Maintenance of closures (5)
- Accumulation of combustible materials (4)
- Monitoring (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.
Landlord and Tenant Board orders
How to read these orders and codes →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-T-085367-25 | T3 tenant application — rent reduction | Jun 18, 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.