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Pet Friendly
Location
540 Russell Hill Road #308, Toronto, ON M5P 2T3, CA|Forest Hill
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Amenities for 540 Russell Hill Road #308, Forest Hill
Apartment Amenities
| Hardwood Floor |
Building
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Onsite Laundry |
Services
| On-Site Management |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 540 Russell Hill Road #308
Charming bachelor/studio apartment in a highly desirable neighbourhood! This cozy unit features: Hardwood flooring throughout Modern stainless steel appliances Steps away from shopping, restaurants, and transit Details: Available: Immediately Lease: Minimum 1-year Utilities: Heat and water included; Hydro billed separately based on usage Laundry: Available in the building Parking: Not available Showings: Weekdays by appointment
Lease Terms
1 yearAddress details
| Neighborhood | Forest Hill |
|---|---|
| Post code | M5P 2T3 |
| Type | Apartment for rent |
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Rent trends in Forest Hill
studio apartments at 540 Russell Hill Road #308 cost about 2% more than the average rent price for studio apartments in Toronto.
Median rents as of Nov 22 2025.
Forest Hill
Toronto
| Month | Median Rent |
|---|---|
| December 2023 | $1,999 |
| January 2024 | $1,999 |
| February 2024 | $1,988 |
| March 2024 | $1,980 |
| April 2024 | $1,959 |
| 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 | $1,769 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,949 |
| January 2024 | $1,949 |
| February 2024 | $1,949 |
| March 2024 | $1,931 |
| April 2024 | $1,938 |
| May 2024 | $1,850 |
| June 2024 | $1,930 |
| July 2024 | $1,912 |
| August 2024 | $1,949 |
| September 2024 | $1,949 |
| October 2024 | $1,876 |
| November 2024 | $1,755 |
| December 2024 | $1,801 |
| January 2025 | $1,837 |
| February 2025 | $1,818 |
| March 2025 | $1,755 |
| April 2025 | $1,800 |
| May 2025 | $1,769 |
| June 2025 | $1,752 |
| July 2025 | $1,748 |
| August 2025 | $1,792 |
| September 2025 | $1,777 |
| October 2025 | $1,741 |
| November 2025 | $1,669 |
Affordability calculator
Can I afford to live at 540 Russell Hill Road #308?
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
$67,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,200 annually to afford this studio monthly rent price of $1,680.
For more information on rent affordability, visit our rent calculator.
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Internet available near 540 Russell Hill Road #308
Getting around Toronto near 540 Russell Hill Road #308
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
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 540 Russell Hill Road #308, Toronto
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
3/10
Some bars within walking distance
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