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The Sheldrake is a highly rated, competitively priced property with an overall expert score of 9.3/10 and perfect 10/10 marks for both amenities and price value, indicating strong living standards at an excellent cost. Its 9/10 location rating reflects convenient access to key destinations, while a 9/10 quality score and 7/10 trustworthiness score suggest an exceptional, well-documented offering. High-speed internet and utilities included in rent also make it particularly appealing for those who work from home.
Great for
| Bachelor + Den | Studio | 1 bath | 319 sqft | $1,525 /mo | 1 unit available |
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Apartment Amenities
| Hardwood Floor | Heat |
| Hot Water |
Appliances
| Fridge | Stove |
Tech
| Internet Ready |
Building
| Cats OK | Controlled Entry |
| Dogs OK | Elevator |
| Onsite Laundry | Video Surveillance |
Grounds
| Street Parking with Permit |
Services
| On-Site Management |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
One-time.
One-time.
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Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
This quaint low-rise property, formerly known as the landmark Sheldrake Hotel, features an old school feel with original hardwood floors and updated kitchens and washrooms. It's situated directly across the street from Allan Botanical Gardens and a gated off-leash dog park. Some upper floor suites boast sunset and CN Tower views. This location is ideal for young professionals and students due to its close proximity to Toronto Transit routes, Ryerson U, George Brown College and the University of Toronto. Residents enjoy the convenience of living close to Cabbagetown, Loblaw's Gourmet Market and Tim Horton's coffee shop.
studio apartments at The Sheldrake cost about 16% less than the average rent price for studio apartments in Garden District.
| Month | Median Rent |
|---|---|
| May 2024 | $1,983 |
| June 2024 | $1,990 |
| July 2024 | $1,955 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| 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 |
| Month | Median Rent |
|---|---|
| May 2024 | $2,073 |
| June 2024 | $2,004 |
| July 2024 | $1,988 |
| August 2024 | $2,000 |
| September 2024 | $2,020 |
| October 2024 | $2,000 |
| 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 |
Can I afford to live at 1 Homewood Ave?
Bedrooms
StudioRent-to-income ratio
30%
$61,000/yr
Garden District | Toronto, ON