Police said 25-year-old Jack Loor-Walters was found shot inside a car in The Queensway and Windermere Avenue shortly before 10 p.m.
Police also located another occupant of the vehicle, a 27-year-old, with a non-life-threatening gunshot wound.
The two victims were taken to hospital. Police said Loor-Walters was later pronounced dead.
Police have not released any suspicious information and continue to ask anyone with information to contact the homicide unit at 416-808-7400 or Crime Stoppers anonymously at 416-222-TIPS (8477).