Saturday, December 06, 2025
ViT.243447
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YONGE-GERRARD
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Spacious Studio with South View – Lease Assignment at 40 Gerrard St (Downtown Toronto)
**Lease assignment available** for a bright, south-facing bachelor apartment on the 25th floor at **40 Gerrard Street**, right in the heart of downtown Toronto. Lease runs to **April 30, 2026** (subject to landlord approval for assignment).
### Key Details
* **Rent:** $1,839 / month
* **Hydro:** approx. $75 / month
* **Type:** Bachelor / studio (approx. **450 sq. ft.**)
* **Location:** 25th floor, south-facing view
* **Lease term:** Assignment of existing lease to **April 30, 2026**
### Suite Features
* Large **south-facing windows** spanning the length of the unit – lots of natural light
* **Parquet flooring** throughout
* **Unfurnished**
* **Fridge and stove** included
* **New kitchen counters** installed in April 2025
* **In-unit heating and air conditioning**
* **Full bathroom** with bathtub and shower
### Storage
* Large **ensuite storage space**
* **Linen closet**
* **Coat closet**
* **Clothes closet**
### Building & Neighbourhood
* **Laundry facilities in the building**
* Just **steps to College subway station**
* Close to **groceries**, shops, and amenities
* **5-minute walk to the Eaton Centre**
* **Right across from Toronto Metropolitan University (TMU)**
Ideal for someone looking to lock down a below-market rate apartment. If you’re interested in taking over this lease (assignment to April 30, 2026), please reply with a brief introduction and your preferred move-in date, and I can share more details and next steps.
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