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Location
Palmer Ave & Balfour Ave, Toronto, ON M4C 4Z4, CAN|Crescent Town
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Amenities for Palmer Ave & Balfour Ave, Crescent Town
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About Palmer Ave & Balfour Ave
Cozy lower level private studio + 1 bathroom apartment in a detached house on a quiet street just north of the Upper Beaches, with excellent access to transit. Only a 5-minute walk to Main St Subway, and a 10-minute walk to Danforth GO (one stop from Union station!) The unit offers a separate entrance, and was recently renovated with a new kitchen, 3-piece bathroom, and double sound insulation between the unit and upstairs. Private washer and dryer, dishwasher, fridge, microwave, and optional furnishings as shown in the pictures. Residual radiant heat from upstairs plus separate electric heat access. There are no shared ducts between the units, which further reduces noise and eliminates cooking smell transfers. Laminate flooring and pot lighting. Street parking is available with a permit. Home owners live upstairs and are attentive and responsive. Minutes from Danforth Ave, Main subway, Danforth GO, and easy access to nature including Taylor Park Ravine, Glen Stuart Ravine, Warden Woods, and The Beaches. $1,600/month + Utilities ($100/mo). Available May 15th. One-year lease. No smoking or vaping. Required Documents: Employment Letter, References, and Credit Report.
Lease Terms
1 yearAddress details
| Neighborhood | Crescent Town |
|---|---|
| Post code | M4C 4Z4 |
| Type | House for rent |
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Rent trends in Crescent Town
studio apartments at Palmer Ave & Balfour Ave cost about 20% more than the average rent price for studio apartments in Toronto.
Median rents as of Mar 28 2026.
Crescent Town
Toronto
| Month | Median Rent |
|---|---|
| April 2024 | $1,956 |
| May 2024 | $1,983 |
| June 2024 | $1,990 |
| July 2024 | $1,955 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| Month | Median Rent |
|---|---|
| December 2024 | $1,650 |
| January 2025 | $1,590 |
| February 2025 | $1,630 |
| February 2026 | $1,399 |
| March 2026 | $1,346 |
Affordability calculator
Can I afford to live at Palmer Ave & Balfour Ave?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this studio monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $1,600 |
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Internet available near Palmer Ave & Balfour Ave
Neighborhood
Crescent Town | Toronto, ON
NEIGHBORHOOD VIBE
Green oasis
A botanical paradise blooming with foliage.
Getting around Toronto near Palmer Ave & Balfour Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for Palmer Ave & Balfour Ave, Toronto
Groceries
10/10
The nearest general grocery store is within a 5-minute walk, and there is also a moderate number of specialist food stores nearby.
Shopping
7/10
Several fashion stores are within a short walk.
Cafes
6/10
The closest café is within a 5-minute walk, and there are several other cafés within walking distance.
Restaurants
8/10
A variety of restaurants are within a short walk.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
10/10
At least one high school within a 5-minute walk.
Parks
10/10
Several medium-size parks and other smaller parks in the area.
Nightlife
4/10
The closest bar is within a 5-minute walk, and there are some other bars within walking distance.
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