The Toronto Tool Library is a great resource, and a fantastic way to reduce the amount of STUFF you own.
With three full locations (Parkdale, East York and Hillcrest) plus an express location downtown, it's a great alternative to owning all those tools you only use once in a blue moon. Plus - a great place to donate your tools if you're downsizing!
While you're at it, check out their sister organization, The Sharing Depot, Canada's 1st "Library of Things"!