Listed 5+ Days Ago
Location
137 Gerrard Street East #Basement, Toronto, ON M5A 2E3, CA|Garden District
Tour 137 Gerrard Street East
Contact
Evan Tong
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Property management
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Amenities for 137 Gerrard Street East, Garden District
Features
| Central Heat |
Appliances
| In-Unit Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
About 137 Gerrard Street East
Sweet deal!
This listing is 48% below the median price for 2 bedroom apartments in Garden District.
Welcome to this inviting downtown Toronto basement unit, offering comfort, style, and convenience in one of the city’s most vibrant neighborhoods. Featuring two spacious bedrooms with ample natural light, the layout provides a refreshing retreat from the busy urban lifestyle. The home feels open and airy throughout. Ideally located in the heart of downtown, you’ll be surrounded by everyday essentials and attractions — steps to Loblaws, Allan Gardens, local restaurants, and cafés, plus a short walk to TMU and George Brown College. Excellent TTC access ensures easy commuting anywhere in the city. Don’t miss this opportunity to lease a comfortable and stylish basement unit in downtown Toronto.
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 137 Gerrard Street East, Toronto, ON M5A 2E3, CAN compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
Address details
| Neighborhood | Garden District |
|---|---|
| Post code | M5A 2E3 |
| Type | House for rent |
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Rent trends in Garden District
2-bedroom apartments at 137 Gerrard Street East cost about 48% less than the average rent price for 2-bedroom apartments in Toronto.
Median rents as of Oct 10 2026.
Garden District
Toronto
| Month | Median Rent |
|---|---|
| October 2024 | $2,995 |
| November 2024 | $2,961 |
| December 2024 | $2,948 |
| January 2025 | $2,993 |
| February 2025 | $2,976 |
| March 2025 | $2,901 |
| April 2025 | $2,860 |
| May 2025 | $2,850 |
| June 2025 | $2,850 |
| July 2025 | $2,816 |
| August 2025 | $2,799 |
| September 2025 | $2,778 |
| October 2025 | $2,764 |
| November 2025 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| February 2026 | $2,708 |
| March 2026 | $2,693 |
| April 2026 | $2,684 |
| May 2026 | $2,669 |
| June 2026 | $2,693 |
| July 2026 | $2,696 |
| August 2026 | $2,754 |
| September 2026 | $2,724 |
| October 2026 | $2,712 |
| Month | Median Rent |
|---|---|
| October 2024 | $4,050 |
| November 2024 | $4,078 |
| December 2024 | $4,075 |
| January 2025 | $4,077 |
| February 2025 | $3,978 |
| March 2025 | $3,875 |
| April 2025 | $3,850 |
| May 2025 | $3,834 |
| June 2025 | $3,752 |
| July 2025 | $3,833 |
| August 2025 | $3,934 |
| September 2025 | $3,878 |
| October 2025 | $3,877 |
| November 2025 | $3,904 |
| December 2025 | $3,857 |
| January 2026 | $3,770 |
| February 2026 | $3,527 |
| March 2026 | $3,636 |
| April 2026 | $3,683 |
| May 2026 | $3,830 |
| June 2026 | $3,839 |
| July 2026 | $3,847 |
| August 2026 | $3,824 |
| September 2026 | $3,795 |
| October 2026 | $3,682 |
Affordability calculator
Can I afford to live at 137 Gerrard Street East #Basement?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$77,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $77,000 annually to afford this 2-bedrooms monthly rent price of $1,925.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 11 months ago | $1,925 | 2 bed | 1 bath | ||
| 1 year ago | $2,550 | 2 bed | 1 bath |
Neighborhood
Garden District | Toronto, ON
Getting around Toronto near 137 Gerrard Street East #Basement
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 137 Gerrard Street East #Basement, Toronto
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Other units at this address
137 Gerrard Street East, Toronto, ON M5A 2E3, CAN
137 Gerrard Street East Toronto, ON
Occupied
Main Floor
3 Beds
1 Bath
$2,550
Assigned Parking • Dishwasher • High Ceilings • Central Heat • In-Unit Laundry • Air Conditioning
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