25 Sherwood Avenue is located in Toronto’s Summerhill / Rosedale area, a desirable midtown neighbourhood known for its elegant residential streets, mature greenery, and charming local shops and cafés. This location is close to Yonge Street and Summerhill Station, offering convenient TTC subway access along Line 1 and easy connections to downtown Toronto and surrounding neighbourhoods.
Property Location
25 Sherwood Avenue, Toronto
Neighbourhood Guide
The Yonge and Eglinton intersection is one of Toronto's most intensely developed mid-city nodes — a cluster of mixed-use towers, office buildings, and transit connections that serves as the effective commercial and transit hub of midtown Toronto. The surrounding residential streets — Broadway Avenue, Manor Road, Oriole Parkway — are substantially quieter and more residential in character, offering a counterpoint to the intensity of the intersection itself. The neighbourhood is sometimes called "Young and Eligible" in a nod to its popularity with young professionals.
25 Sherwood Avenue is 0.8 km from Eglinton Station — roughly a 10-minute walk — giving you direct TTC subway access. Eglinton station on Line 1 (Yonge–University) is a major interchange, and the Eglinton Crosstown LRT will add a second line running east-west through the station. The 97 Yonge and 32 Eglinton buses provide additional connectivity. The area's position at the midpoint of the Yonge subway corridor puts it approximately 20 minutes from both downtown Union station and the northern Finch terminus.
Eglinton Park, on Eglinton Avenue West at Oriole Parkway, is a large park with tennis courts, baseball diamonds, and a community centre. The Kay Gardner Beltline Trail connects the neighbourhood westward across midtown, providing a car-free walking and cycling route through the ravine network. Chaplin Crescent and Leaside Park are within cycling distance to the east.
The Yonge-Eglinton area has significant restaurant and retail density along Eglinton Avenue East and West, including the Yonge-Eglinton Centre shopping complex. The neighbourhood attracts young professionals, couples, and people who want the convenience of midtown services with direct subway access. The pace is faster and more urban than the quieter residential streets of Davisville or Lawrence Park to the north.
The Yonge-Eglinton node is one of the most competitive rental markets in midtown Toronto. Purpose-built rental towers and investor-owned condominiums both contribute to the supply. The Crosstown LRT construction (now largely complete) caused years of disruption — most of this work is now finished and the area's retail and pedestrian environment is recovering. The Eglinton Crosstown is expected to significantly reduce transit travel times east-west across midtown when fully operational.
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
Choosing 25 Sherwood Avenue, Toronto is only part of the move: you will also need a plan for getting your belongings from your current home to the rental. For a multi-bedroom move, list furniture room by room so the estimate reflects the full household.
Before committing to a time slot, check whether the building limits moving hours or requires advance notice.
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.