Toronto · Ward 13 · SOCIAL HOUSING
425 Sherbourne St
Toronto, Ontario · postal area M4X · Cabbagetown-South St.James Town
26 units · 3 storeys · built 1876 · managed by IPS MANAGEMENT
LTB orders, Jan–June 2026
1Rent 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
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 · 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 buildingStops within 500 m: 19
Bus routes: 65, 75, 94
Streetcars: 506
24-hour night routes: 306, 365
Nearest subway: Sherbourne Station · 794 m
Nearest intersection: Maitland & Homewood · 160 m · 3,451 vehicles in the City's latest count
Who lives in the area
Whole neighbourhood — not this buildingRenters 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
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Wellesley Community Centre 284 m · PAM McCONNELL AQUATIC CENTRE 1.1 km
Libraries: St. James Town 258 m · Parliament Street 588 m
Schools nearby
Distances from this buildingSecondary (high school): Jarvis Collegiate Institute · 346 m
Catholic elementary: Our Lady Of Lourdes Catholic Elementary School · 124 m
Catholic secondary: St Michael'S Choir School - Secondary · 1.1 km
Score history
| Evaluation | Score |
|---|---|
| Aug 26, 2024 | 78 |
| Jul 13, 2026 | 82 |
Landlord and Tenant Board orders
How to read these orders and codes →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-L-102073-25 | L2 eviction application (other reasons) | Mar 10, 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.