433 Sherbourne St offers convenient urban living in a vibrant and well-connected Toronto neighborhood. The surrounding area features a diverse mix of residential properties, local shops, restaurants, cafés, schools, parks, and everyday amenities, creating a lively and welcoming community atmosphere. With excellent access to public transit and major roadways, residents can easily travel to downtown Toronto and other parts of the city. The location also provides convenient access to community services, cultural attractions, and essential amenities, making this address a practical choice for those seeking a connected and accessible urban lifestyle.
Property Location
433 Sherbourne St, Toronto
Neighbourhood Guide
Church-Wellesley Village — the area around Church Street between Bloor and Gerrard Streets — is Toronto's LGBTQ+ Village, one of the largest and most visible in North America. The neighbourhood has been a centre of LGBTQ+ community life in Toronto since the 1970s, and the Pride Toronto festival, held each June, is one of the largest Pride celebrations in the world with hundreds of thousands of participants. The neighbourhood's commercial strip on Church Street has dozens of bars, restaurants, and community-specific businesses, while the surrounding residential streets are among the most centrally located in the city.
433 Sherbourne St is 0.8 km from Wellesley Station — roughly a 9-minute walk — giving you direct TTC subway access. Wellesley station on Line 1 (Yonge–University) is the primary subway access point, and Bloor-Yonge station — one of the busiest in the system — is a short walk north. The 94 Wellesley bus connects east and west, and multiple routes converge at College and Bloor to the north and south. The neighbourhood's proximity to the Yonge subway line makes it among the best-connected residential areas in Toronto.
Barbara Hall Park, on Church Street between Alexander and Maitland Streets, is the heart of the Village's public space and the site of the AIDS Memorial — a significant and moving community monument. The park hosts outdoor community events throughout the summer. Cawthra Park, on Cawthra Square near Wellesley, is a smaller green space that serves the immediate neighbourhood.
Church-Wellesley is defined by its LGBTQ+ community institutions, which include the 519 Community Centre, the Glad Day Bookshop (one of the oldest LGBTQ+ bookstores in the world), multiple health and support organizations, and a dense network of bars and clubs. The neighbourhood attracts newcomers to Toronto who are looking for community connections, and also long-term residents who have been part of the Village for decades. The area has seen some new condominium development in recent years.
Church Street's bar and entertainment scene means that Friday and Saturday nights can be significantly noisier than in adjacent residential neighbourhoods. Renters on Church Street itself or on streets adjacent to it (Alexander, Maitland, Wood) should factor noise into their decision. The neighbourhood's transit access is excellent and downtown jobs are typically within 20 minutes.
Ontario Residential Tenancies Act
Ontario's Residential Tenancies Act (RTA) applies to virtually all Toronto rental units and provides significant, enforceable protections for tenants. Here is a summary of the key rights every Toronto renter should understand before signing a lease.
For units first occupied before November 15, 2018, annual rent increases are limited by the Ontario government's annual guideline (2.5% in 2024 and 2025). Units first occupied on or after November 15, 2018 are not subject to rent increase guidelines — landlords may increase rent by any amount, but must still provide 90 days' written notice using the prescribed form.
Under Ontario law, a landlord may only collect a last month's rent deposit before you move in — no security deposit, damage deposit, or pet deposit is legal. Any additional deposits collected above the last month's rent are prohibited by the RTA, regardless of what the lease says.
Your landlord must provide at least 24 hours' written notice before entering your unit for non-emergency purposes (such as repairs, inspections, or showing the unit). The notice must state the reason and the time of entry (between 8am and 8pm). Emergency entry is permitted without notice.
When a fixed-term lease (such as a one-year lease) expires, it automatically converts to a month-to-month tenancy on the same terms — the landlord cannot require you to sign a new lease or leave. Your rent does not automatically increase when a lease term ends.
Landlords are required to maintain rental units in a good state of repair and in compliance with health, safety, and maintenance standards — regardless of the tenant's rent level. This obligation exists even if the tenant knew about a problem before moving in.
Landlords cannot evict a tenant without following the proper legal process. Eviction notices must use prescribed forms, provide the legally required notice period, and state a legitimate reason (non-payment of rent, landlord's own use, substantial renovations, etc.). Most evictions must be confirmed by the Landlord and Tenant Board (LTB) at a hearing if the tenant disputes them.
The Landlord and Tenant Board (ltb.gov.on.ca) handles all disputes between landlords and tenants in Ontario and offers information, mediation, and adjudication services. Tenant Duty Counsel is available at LTB hearings at no cost to help tenants understand their rights.
About this listing
When planning your move to 433 Sherbourne St, Toronto, separate the items you will bring yourself from anything that needs a moving crew. For this studio rental, a short inventory of furniture and packed boxes can help movers estimate the job more accurately.
Give movers the pickup and delivery access details, and ask how waiting time or extra carrying distance would affect the price.
To request estimates based on your own moving plans, visit Moving Companies Toronto and ask for a written breakdown of what each estimate includes.
Contact the landlord directly using the information above, or browse more below-market rentals.