OFFER:
2 MONTHS FREE RENT null
5+ Days Ago
Highlights
Rent Special
Pet Friendly
Location
1 Homewood Ave, Toronto, ON M4Y 2J8, CAN|Garden District
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Property Overview
The Sheldrake achieves a remarkable Zumper Expert Rating of 9.4, underscoring its appeal as a top-notch rental option with an excellent balance of price and value, rated 10 out of 10. Residents will enjoy premier amenities, a prime location, and a quality rating of 9, indicative of a fulfilling lifestyle. Additionally, the property's transparency and trustworthiness, with an 8 out of 10 rating, assure potential renters of its reliability, while the inclusion of utilities and high-speed internet enhances its suitability for remote workers.
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
Work-from-home
Floor plans
| Bachelor + Den | Studio | 1 bath | 319 sqft | $1,749 /mo | |||
| 1 Bedroom | 1 bed | 1 bath | 400 sqft | $1,990 /mo |
Let's explore this property.
Amenities for The Sheldrake
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 |
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.
$1,749–$1,990
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About The Sheldrake
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.
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.
9.4
/10
ExcellentThe Sheldrake is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
The Sheldrake 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.
The Sheldrake 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.
The Sheldrake 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·9A 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.
The Sheldrake has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
The Sheldrake is great for:
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Rent trends in Garden District
Studio apartments at The Sheldrake cost about 7% less than the average rent price for studios in Garden District.
1-bedroom apartments here are priced 26% lower than 1-bedrooms in Garden District.
Median rents as of Jan 24 2026.
Garden District
Toronto
| Month | Median Rent |
|---|---|
| February 2024 | $1,988 |
| March 2024 | $1,980 |
| April 2024 | $1,959 |
| 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 | $1,744 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,370 |
| March 2024 | $2,204 |
| April 2024 | $2,143 |
| 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 | $1,868 |
Affordability calculator
Can I afford to live at 1 Homewood Ave?
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
$69,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,960 annually to afford this studio monthly rent price of $1,749.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Sheldrake
Neighborhood
Garden District | Toronto, ON
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Toronto near 1 Homewood Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
10/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1 Homewood Ave, Toronto
Groceries
9/10
The nearest general grocery store is within a 10-minute walk, and there is also a vast number of specialist food stores nearby.
Shopping
10/10
A wide variety of fashion stores are within a short walk.
Cafes
10/10
A wide variety of cafés are within a short walk.
Restaurants
9/10
A wide variety of restaurants are within a short walk.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
10/10
At least one high school within a 5-minute walk.
Parks
10/10
Several medium-size parks and a variety of other smaller parks in the area.
Nightlife
8/10
A variety of bars are within a short walk.
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