| 1. |  Walt Farrant (RW) | Toronto People's Credit | 29 | 32 | 29 | 61 | 2.10 | 21 | - |
| 2. | Roy Covert (C) | Toronto CPR | 28 | 17 | 31 | 48 | 1.71 | 0 | - |
| 3. | Bill Kosick (F) | Toronto Tip Tops | 24 | 25 | 21 | 46 | 1.92 | 8 | - |
| 4. | Charlie Good (C) | Toronto People's Credit | 26 | 17 | 27 | 44 | 1.69 | 27 | - |
| 5. | Bruce Strongman (C) | Toronto People's Credit | 30 | 19 | 24 | 43 | 1.43 | 18 | - |
| 6. | Gilbert Benson (RW) | Toronto People's Credit | 30 | 21 | 15 | 36 | 1.20 | 8 | - |
| 7. | Ronnie Rowe (LW) | Toronto CPR | 17 | 16 | 15 | 31 | 1.82 | 17 | - |
| 8. | Alan Percival (F) | Toronto CPR | 14 | 17 | 4 | 21 | 1.50 | 6 | - |
| 9. | Bob Hodgson (D) | Toronto Red Indians Chiefs | 17 | 9 | 10 | 19 | 1.12 | 8 | - |
| 10. | Tom Campbell (D) | Toronto Ostrander Jewels | 21 | 5 | 14 | 19 | 0.90 | 6 | - |
| 11. | Enio Sclisizzi (LW) | Toronto Red Indians Chiefs | 14 | 7 | 10 | 17 | 1.21 | 2 | - |
| 12. | Johnny Callanan (F) | Toronto Ostrander Jewels | 16 | 6 | 10 | 16 | 1.00 | 4 | - |
| 13. | George Boll (D) | Toronto People's Credit | 39 | 6 | 8 | 14 | 0.36 | 44 | - |
| 14. | Fred Gibbon (C) | Toronto CPR | 9 | 4 | 6 | 10 | 1.11 | 10 | - |
| 15. | Robert Heron (LW) | Toronto People's Credit | 5 | 5 | 4 | 9 | 1.80 | 8 | - |
| 16. | Melville Vail (D) | Toronto Red Indians Chiefs | 9 | 0 | 8 | 8 | 0.89 | 2 | - |
| 17. | George Rebstock (D) | Toronto Ostrander Jewels | 12 | 3 | 4 | 7 | 0.58 | 6 | - |
| 18. | Tom O'Neill (RW) | Toronto Tip Tops | 6 | 1 | 6 | 7 | 1.17 | 2 | - |
| 19. | Bill Shill (RW) | Toronto Tip Tops | 2 | 5 | 0 | 5 | 2.50 | 4 | - |
| 20. | Cliff Simpson (C) | Toronto Tip Tops | 1 | 3 | 2 | 5 | 5.00 | 0 | - |
| 21. | Jack Stover (D) | Toronto Ostrander Jewels | 7 | 2 | 1 | 3 | 0.43 | 12 | - |
| 22. | Don Coughlin (LW) | Toronto Ostrander Jewels | 6 | 1 | 2 | 3 | 0.50 | 2 | - |
| 23. | Roddy MacLeod (C) | Toronto Tip Tops | 5 | 0 | 1 | 1 | 0.20 | 2 | - |
| 24. | Harry Dick (D) | Toronto People's Credit | 0 | 0 | 0 | 0 | - | 0 | - |
| 25. | Jack Simpson (F) | Toronto Tip Tops | 1 | 0 | 0 | 0 | 0.00 | 0 | - |
| 26. | Lloyd Finkbeiner (LW) | Toronto CPR | 1 | 0 | 0 | 0 | 0.00 | 2 | - |
| 27. | Dick Livingston (LW) | Toronto Red Indians Chiefs | 3 | 0 | 0 | 0 | 0.00 | 0 | - |
| 28. | Victor Grigg (D) | Toronto CPR | - | - | - | - | - | - | - |
