Gerrard Residences
40 Gerrard Street East
Toronto, Ontario M5B
Apartment BuildingMore info
Gerrard Residences is a rental apartment building at 40 Gerrard Street East in downtown Toronto's Garden District, between Yonge and Church streets directly across from Toronto Metropolitan University (formerly Ryerson University). The high-rise offers studio, one-, and two-bedroom suites. Amenities include an indoor swimming pool and sauna, a garden, on-site laundry, elevator, on-site security and management, underground parking, bike storage, and air conditioning; water and heating are included in rent. Suites feature hardwood floors and window coverings, with select suites offering in-suite storage. The building is steps from College subway station, the Eaton Centre, and Yonge-Dundas Square. It is professionally managed by Maple Leaf Property Management.
Landlord
1 name on filings for this addressCorporation · Found by our research agent · Aug 2026
What tenants say
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Apartments at this address
Tribunal decisions
1 order against the landlordOrders from a residential tenancy tribunal that went against the landlord, including applications to evict that the tribunal refused and claims against former tenants it dismissed. Sourced from published open data and reviewed before being listed here. Each links to the original order.
- Decision against landlordJune 30, 2026$1,837 Deposit returned
- Non-payment of rent
- Rent deposit disputes
- Assignment or sublet
The landlord's claim for rent arrears was limited to December 31, 2025, because the landlord failed to mitigate losses after the tenant vacated. The landlord was ordered to return the remaining rent deposit balance of $201.32 to the tenant.
- Deposit returned · $1,837
- Arrears · $1,635 · to the landlord
Landlord on the order
MLPM 475920 Ontario Inc.
Decided by
Samantha Greaves, MemberTribunal
Landlord and Tenant Board
Read the order (PDF)File
LTB-L-106535-25 · L9
Building standards (RentSafeTO)
Private building · Ward 13Toronto requires every apartment building with 3 or more storeys and 10 or more units to register under RentSafeTO and be periodically inspected. These facts are self-reported by the building's owner or manager at registration, and the score below (where shown) is the city's own inspection result — not something Renterly tenants submitted.
- Pets allowed
- On-site laundry
- Parking: Underground Garage , Garage Accessible Thru Buildg
- 4 elevators
- A/C: Individual Units
Building systems on file
- Fire alarm
- Sprinkler system
- Approved fire safety plan
- Emergency power
Utilities
- Gas: billed with rent
- Hydro: billed with rent
- Water: billed with rent
Source: City of Toronto RentSafeTO Apartment Building Registration & Evaluation open data.
What apartments have rented for
Not independently verifiedRent control
2.1%
Maximum increase in Ontario this year
Status as reported by tenants.
Ontario caps most rent increases at 2.1% for 2026. Rent can only go up once every 12 months, and your landlord must give at least 90 days written notice on Form N1. Important exception: units first occupied for residential purposes after November 15, 2018 are exempt from the cap entirely — the landlord can raise rent by any amount with proper notice. Rent control also does not apply between tenancies (vacancy decontrol), so a landlord may reset the rent to any amount for a new tenant.
Read the rules on the Ontario government site →Add rent control statusLived at 40 Gerrard Street East?
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Record history
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