Updated 5+ Days Ago
Highlights
Pet Friendly
Location
392 Sherbourne St, Toronto, ON M4X 1K2, CAN|Garden District
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Property Overview
Sherwood Apartments earns a strong overall rating, with top marks for price and amenities, plus an excellent location score that points to strong value and everyday convenience. It also stands out for having outdoor spaces, making it a good fit for renters who value pet-friendly features and added comfort.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| 0 Bedroom, 1 Bathroom | Studio | 1 bath | 397 sqft | $1,609 /mo | 1 unit available | ||
| 1 Bedroom, 1 Bathroom, JR | 1 bed | 1 bath | 494 sqft | $1,704 /mo | 1 unit available | ||
| 1 Bedroom, 1 Bathroom | 1 bed | 1 bath | 600 sqft | $1,789 /mo | 1 unit available | ||
| 2 Bedroom, 1 Bathroom | 2 bed | 1 bath | 783 sqft | $2,439 /mo | 1 unit available |
Let's explore this property.
Amenities for Sherwood Apartments
Apartment Amenities
| Balcony | Granite Countertops |
| Hardwood Floor | Open Concept |
| Parquet Hardwood Flooring |
Appliances
| Stainless Steel Appliances Fridge |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Gym | Monitored Security Cameras |
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
Services
| On-Site Management | Onsite Professional Management |
Neighborhood
| Close to Parks | Close to Public Transit |
| Close to Restaurants Pubs and Entertainment | Close to Schools |
| Located in the Heart Of Downtown | Nearby Shopping |
Other
| Certified Rental Building |
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
Deposit
One-time.
$1,704–$2,439
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Surface Lot
Garage Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max.
$130
Garage Lot
Parking Fee
Monthly. 2 garage lots max.
$150
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
About Sherwood Apartments
Now offering 2 months free rent on selected suites! Welcome to Sherwood Apartments, conveniently located near everything downtown Toronto has to offer. Enjoy a walk to Allan Gardens and its off-leash dog park, pick up groceries at the Loblaws in the former Maple Leaf Gardens, or catch a live show at the Phoenix Theatre. Your new home is within walking distance of Toronto Metropolitan University, George Brown College, St. Michael’s Hospital, and the Eatons Centre. Enjoy a convenient access to the TTC stations Sherbourne, College, and Wellesley. Step into a beautifully renovated rental apartment featuring a spacious kitchen with stainless steel appliances, dark parquet floors, and upgraded bathrooms. Take in breathtaking city views from your private balcony. Enjoy the convenience of on-site laundry, a fully equipped fitness centre, assigned parking, and visitor parking for your guests. With on-site management, maintenance services, and monitored security cameras, you can feel at home knowing everything is taken care of. This well established downtown area is perfect and is within walking distance of Toronto Metropolitan University, George Brown College, Phoenix Concert Theater, Allan Gardens and St. Michael's Hospital. Do not forget its immediate proximity to public transport which allows you to quickly access all areas of the city.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Sherwood Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherwood Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Sherwood Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Sherwood Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sherwood Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Sherwood Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Sherwood Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Sherwood Apartments is great for:
Property 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 Sherwood Apartments compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.7 miles away
- Distance from transit
- More than 4.7 miles from public transportation
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Rent trends in Garden District
Studio apartments at Sherwood Apartments cost about 11% less than the average rent price for studios in Garden District.
1-bedroom apartments here are priced 39% lower than 1-bedrooms in Garden District.
If you decide to upgrade your space, you can expect 2-bedrooms at Sherwood Apartments to be 34% less than the average for similarly sized apartments in Garden District.
Median rents as of Oct 17 2026.
Garden District
Toronto
| Month | Median Rent |
|---|---|
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| August 2026 | $1,732 |
| September 2026 | $1,748 |
| October 2026 | $1,749 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,000 |
| December 2024 | $2,000 |
| January 2025 | $2,000 |
| February 2025 | $1,925 |
| March 2025 | $1,930 |
| April 2025 | $1,841 |
| May 2025 | $1,850 |
| June 2025 | $1,845 |
| July 2025 | $1,859 |
| August 2025 | $1,866 |
| September 2025 | $1,869 |
| October 2025 | $1,829 |
| November 2025 | $1,869 |
| December 2025 | $1,870 |
| January 2026 | $1,870 |
| February 2026 | $1,839 |
| March 2026 | $1,869 |
| April 2026 | $1,846 |
| May 2026 | $1,862 |
| June 2026 | $1,869 |
| July 2026 | $1,831 |
| August 2026 | $1,859 |
| September 2026 | $1,834 |
| October 2026 | $1,805 |
Affordability calculator
Can I afford to live at 392 Sherbourne St?
Bedrooms
Rent-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
$64,360/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,360 annually to afford this studio monthly rent price of $1,609.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Garden District | Toronto, ON
Getting around Toronto near 392 Sherbourne St
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 392 Sherbourne St, Toronto
Groceries
9/10
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
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
7/10
Several bars within a few minutes’ walk
Explore the area around 392 Sherbourne St
Rabba Fine Foods
148 Wellesley St E
T O Fine Foods Store
148 Wellesley St E
Fairway Variety
520 Parliament St
No Frills
449 Parliament St
Food Basics
238 Wellesley St E
224 Carlton LP
224 Carlton St
Hilary Mac Millan
224 Carlton St
Trend Custom Tailors
306 Sherbourne St
Shoe Room at the National
406 Jarvis St
The Green Closet Dispensary
439 Parliament St
Country Style
213 Wellesley St E
Tim Hortons
111 Carlton St
Jet Fuel Coffee Shop Inc
519 Parliament St
Tim Hortons
581 Parliament St
Tim Hortons
256 Jarvis St
Phoenix Concert Theatre
410 Sherbourne St
Stout Irish Pub
221 Carlton St
The Blake House
449 Jarvis St
NJ Lounge Toronto
507 Parliament St
Oasis Aqua Lounge
231 Mutual St
Velvet Lane Cakes
194A Carlton St
Scullery Cafe
200 Carlton St
Daniel-Daniel Event CRTN-CTRNG
248 Carlton St
Red Rocket Coffee
154 Wellesley St E
Wellesley Fruit Market
224 Wellesley St E
Winchester Square Park
Garden
Montague Parkette
Playground
Winchester Park
Kabab Tikkah
178 Carlton St
Chew Chew's Diner
186 Carlton St
Zakkushi
193 Carlton St
Westown Chinese Restaurant
464 Sherbourne St
Stout Irish Pub
221 Carlton St
Sherbourne St / Carlton St
Sherbourne
Carlton St / Sherbourne St
Carlton, Carlton
Carlton St / Sherbourne St
Carlton Replacement Bus, Carlton Replacement Bus
Carlton St / Sherbourne St
Carlton Replacement Bus, Wellesley, Carlton Replacement Bus
Carlton St / Sherbourne St
Carlton, Carlton
Union Station
Lakeshore West, Lakeshore East, Kitchener, Stouffville, Barrie, Milton, Richmond Hill
Union Station
Union Pearson Express
Toronto
Ottawa - Toronto, Montréal - Toronto, Toronto - Windsor, Toronto - London, Toronto - New York, Toronto - Sarnia, Vancouver - Toronto
Exhibition
Lakeshore West
Bloor
Union Pearson Express
Wellesley
Yonge–University
College
Yonge–University
Sherbourne
Bloor–Danforth
TMU
Yonge–University
Castle Frank
Bloor–Danforth
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