| 1. |  Walt Farrant (RW) | Toronto People's Credit | 38 | 44 | 36 | 80 | 2.11 | 21 | - |
| 2. | Bruce Strongman (C) | Toronto People's Credit | 39 | 32 | 45 | 77 | 1.97 | 18 | - |
| 3. | Bill Kosick (F) | Toronto Tip Tops | 32 | 31 | 33 | 64 | 2.00 | 14 | - |
| 4. | Gilbert Benson (RW) | Toronto People's Credit | 39 | 35 | 28 | 63 | 1.62 | 16 | - |
| 5. | Roy Covert (C) | Toronto CPR | 33 | 20 | 35 | 55 | 1.67 | 4 | - |
| 6. | Charlie Good (C) | Toronto People's Credit | 26 | 17 | 27 | 44 | 1.69 | 27 | - |
| 7. | Ronnie Rowe (LW) | Toronto CPR | 22 | 19 | 23 | 42 | 1.91 | 23 | - |
| 8. | Cliff Simpson (C) | Toronto Tip Tops | 12 | 19 | 16 | 35 | 2.92 | 10 | - |
| 9. | Robert Heron (LW) | Toronto People's Credit | 12 | 13 | 14 | 27 | 2.25 | 20 | - |
| 10. | Johnny Callanan (F) | Toronto Ostrander Jewels | 24 | 10 | 13 | 23 | 0.96 | 14 | - |
| 11. | Tom Campbell (D) | Toronto Ostrander Jewels | 28 | 7 | 16 | 23 | 0.82 | 6 | - |
| 12. | Alan Percival (F) | Toronto CPR | 15 | 17 | 5 | 22 | 1.47 | 6 | - |
| 13. | Bob Hodgson (D) | Toronto Red Indians Chiefs | 17 | 9 | 10 | 19 | 1.12 | 8 | - |
| 14. | Enio Sclisizzi (LW) | Toronto Red Indians Chiefs | 14 | 7 | 10 | 17 | 1.21 | 2 | - |
| 15. | George Boll (D) | Toronto People's Credit | 48 | 7 | 10 | 17 | 0.35 | 66 | - |
| 16. | Bill Shill (RW) | Toronto Tip Tops | 5 | 8 | 4 | 12 | 2.40 | 10 | - |
| 17. | Fred Gibbon (C) | Toronto CPR | 9 | 4 | 6 | 10 | 1.11 | 10 | - |
| 18. | Melville Vail (D) | Toronto Red Indians Chiefs | 9 | 0 | 8 | 8 | 0.89 | 2 | - |
| 19. | George Rebstock (D) | Toronto Ostrander Jewels | 19 | 3 | 4 | 7 | 0.37 | 6 | - |
| 20. | Tom O'Neill (RW) | Toronto Tip Tops | 6 | 1 | 6 | 7 | 1.17 | 2 | - |
| 21. | Harry Dick (D) | Toronto People's Credit | 7 | 0 | 5 | 5 | 0.71 | 20 | - |
| 22. | Jack Stover (D) | Toronto Ostrander Jewels | 7 | 2 | 1 | 3 | 0.43 | 12 | - |
| 23. | Don Coughlin (LW) | Toronto Ostrander Jewels | 6 | 1 | 2 | 3 | 0.50 | 2 | - |
| 24. | Roddy MacLeod (C) | Toronto Tip Tops | 5 | 0 | 1 | 1 | 0.20 | 2 | - |
| 25. | Jack Simpson (F) | Toronto Tip Tops | 1 | 0 | 0 | 0 | 0.00 | 0 | - |
| 26. | Dick Livingston (LW) | Toronto Red Indians Chiefs | 3 | 0 | 0 | 0 | 0.00 | 0 | - |
| 27. | Lloyd Finkbeiner (LW) | Toronto CPR | 4 | 0 | 0 | 0 | 0.00 | 2 | - |
| 28. | Victor Grigg (D) | Toronto CPR | - | - | - | - | - | - | - |
