Mutual Street Arena, initially called Arena Gardens or just the Arena, was an ice hockey arena and sports and entertainment venue in Toronto, Ontario, Canada. From 1912 until 1931, with the opening of Maple Leaf Gardens, it was the premier site of ice hockey in Toronto, being home to teams from the National Hockey Association (NHA), the National Hockey League (NHL), the Ontario Hockey Association (OHA) and the International Hockey League (IHL). It was the first home of the Toronto Maple Leafs, who played at the arena under various names for their first 13½ seasons. The Arena Gardens was the third rink in Canada to feature a mechanically frozen or 'artificial' ice surface (Shea's Amphitheatre opened in 1909 and Patrick Arena opened in 1911), and for eleven years was the only such facility in eastern Canada. In 1923, it was the site of the first radio broadcast of an ice hockey game, the first radio broadcast of an NHL game, and the first broadcast of an ice hockey game by long-time broadcaster Foster Hewitt.

The Arena was also used for musical concerts, gatherings and other sporting events, including professional boxing, cycling, wrestling, and tennis. In 1962, it was converted to a curling club and roller skating rink known as The Terrace. The building was demolished in 1989 and the Cathedral Square residential complex and Arena Gardens municipal park now occupy the site. It was located on Mutual Street, just south of Dundas Street East and two blocks east of Church Street in downtown Toronto.

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