Studio in 433 Sherbourne St, Toronto
Studio in 433 Sherbourne St, Toronto - Image 2

Studio in 433 Sherbourne St

Listed 8/8/2026
Apartment for rent
$1400/month
Studio
1
Below Market
Rent Controlled

Description

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.

Details
433 Sherbourne St, Toronto
Newly Listed
Rent Controlled
Below Market
2.76 km to Downtown Toronto to Downtown Toronto
Subway Access: Wellesley
Contact Information
Available 2026-08-08

Property Location

433 Sherbourne St, Toronto

About Church-Wellesley Village

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.

Getting Around

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.

Parks & Green Space

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.

Neighbourhood Character

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.

Practical Notes for Renters

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.

Renting in Toronto: Your Rights as a Tenant

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.

Rent Increases

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.

Deposits

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.

Entry and Privacy

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.

Lease Continuation

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.

Maintenance

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.

Eviction

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.

Frequently Asked Questions

About this listing

Is 433 Sherbourne St rent controlled in Toronto?+
Yes, 433 Sherbourne St is a rent controlled building per the Toronto RentSafeTO dataset. Under Ontario's Residential Tenancies Act, annual rent increases are capped at the provincial guideline — typically 2–3%. This protection applies to units first occupied before November 15, 2018.
What is the nearest subway station to 433 Sherbourne St?+
The nearest TTC subway station to 433 Sherbourne St is Wellesley Station, approximately 0.8 km away — about a 9-minute walk. This gives residents direct access to Toronto's subway network and connections across the city.
What neighbourhood is 433 Sherbourne St in?+
433 Sherbourne St is located in Church-Wellesley Village in Toronto. 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.
How much is rent for a studio at 433 Sherbourne St?+
The listed rent for this studio at 433 Sherbourne St is $1400/month — a below-market rate for Toronto. The unit is available from 2026-08-08. Comparable units in the area typically rent for more. BelowTheMarket specializes in surfacing affordable Toronto rentals before they fill up.

Planning your move to 433 Sherbourne St, Toronto

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.

Interested in this property?

Contact the landlord directly using the information above, or browse more below-market rentals.