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Maple Leaf Property Management
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Gerrard Residences receives an exceptional Zumper Expert Rating of 10 out of 10, reflecting its excellent balance of price and value, premier amenities, and outstanding location. The property showcases transparency and trustworthiness, with detailed descriptions for renters, complemented by an extensive collection of 50 photos that provide a comprehensive view of its offerings. This combination positions Gerrard Residences as a top choice for those seeking an elevated living experience.
Things you’ll love
Images Available| Bachelor (2) | Studio | 1 bath | 454 sqft | $1,869 /mo | 1 unit available | ||
| Bachelor (1) | Studio | 1 bath | 454 sqft | $1,869 /mo | 1 unit available | ||
| One-Bedroom (1) | 1 bed | 1 bath | 607 sqft | $1,999 /mo | 1 unit available | ||
| One-Bedroom (4) | 1 bed | 1 bath | 650 sqft | $2,249 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Hardwood Floor |
| Heat | Heating |
| Hot Water | In-suite Storage |
| View | Window Coverings |
Appliances
| Fridge | Stove |
Building
| Cats OK | Dogs OK |
| Elevator | Onsite Laundry |
| Wheelchair Accessible |
Grounds
| Assigned Parking | Garage Parking |
| Storage | Swimming Pool |
Services
| On-Site Management | Security Onsite |
Neighborhood
| Convenience Store | Public Transit |
| Restaurants Nearby |
| Allowed |
|---|
| Allowed |
|---|
Contact for more information on pet policy.
| Garage Lot | Contact for Price |
|---|
| Security Deposit | $899 |
|---|---|
| Lease terms | 12 months |
|---|
*SPECIAL OFFER: 1 Month free on a one year lease, 3 Months free when signing a 2 year lease (Lease must begin before June 1, 2025)* The building is between Yonge (2 min to Yonge, 5 min to Eaton Center) and Church, 1 min to Toronto Metropolitan University (formerly Ryerson University). It's the ideal place for you to explore restaurants and shops in downtown Toronto. There is an indoor swimming pool and a Garden in the Building with underground parking. [Visit our website!](https mapleleafapartments ca )
How Gerrard Residences compares to other nearby properties.
Positives
Considerations
Studio apartments at Gerrard Residences cost about the same as the average rent price for studios in Garden District.
1-bedroom apartments here are priced 28% lower than 1-bedrooms in Garden District.
| Month | Median Rent |
|---|---|
| September 2023 | $2,000 |
| October 2023 | $2,012 |
| November 2023 | $2,017 |
| December 2023 | $1,999 |
| January 2024 | $1,999 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2023 | $2,000 |
| October 2023 | $2,037 |
| November 2023 | $2,283 |
| December 2023 | $2,085 |
| January 2024 | $2,025 |
| 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 |
Can I afford to live at 40 Gerrard St E?
Bedrooms
Rent-to-income ratio
30%
$74,760/yr
Garden District | Toronto, ON
Lansing-Westgate • 31 York Garden Way Ph 5
Studio–1 Bed
$2,100–$2,800
Garden District • 25 Dalhousie St
Studio–1 Bed
$2,450–$2,900
Davisville Village • 345 Merton St
1 Bed
$2,099–$2,399
South Annex • 666 Spadina Ave
Studio–1 Bed
$1,995–$2,420
Harbourfront • 370 Queens Quay W
Studio–1 Bed
$2,183–$2,390
Lansing-Westgate • 31 York Garden Way Ph 5
Studio–1 Bed
$2,100–$2,800
Garden District • 25 Dalhousie St
Studio–1 Bed
$2,450–$2,900
Davisville Village • 345 Merton St
1 Bed
$2,099–$2,399
South Annex • 666 Spadina Ave
Studio–1 Bed
$1,995–$2,420
Harbourfront • 370 Queens Quay W
Studio–1 Bed
$2,183–$2,390
