2 Days Ago
Highlights
Pet Friendly
Location
506 Danforth Rd, Toronto, ON M1K 1C6, CAN|Birchmount Park
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Property Overview
506 Danforth Apartments receives an impressive Zumper Expert Rating of 8.9, indicating it's an excellent choice for renters, boosted by a perfect price and amenities rating of 10. With a strong location rating of 9, residents enjoy easy access to key points of interest while the property is also noted for its suitability for working from home due to utilities included and high-speed internet. Additionally, the pet-friendly outdoor spaces enhance its appeal, making it a standout option in the market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Work-from-home
Pet owners
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 500 sqft | $1,749 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 700 sqft | $1,949 /mo | 1 unit available |
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Amenities for 506 Danforth Apartments
Apartment Amenities
| Balcony | Hardwood Floor |
| Heat | Hot Water |
| Some Balcony Unit |
Appliances
| Fridge | Stove |
Tech
| Internet Ready |
Building
| Cats OK | Controlled Entry |
| Dogs OK | Onsite Laundry |
| Video Surveillance |
Services
| On-Site Management |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
Other
| Parking Available with Fee |
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
Deposit
One-time.
$1,749–$1,949
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Surface Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 506 Danforth Apartments
506 Danforth is a quiet family friendly mid-rise building located near shops, schools, and parks. This desirable neighbourhood gem is a well maintained 3 storey property in a residential neighbourhood. By being directly on Danforth Road, residents enjoy close proximity to various Elementary, Public, and Catholic schools, the Sun Valley Grocery Store, a Chinese grocery store, local eateries and other basic amenities. For commuters needing to access the Warden Ave. subway station, a short 8 minute bus ride gets you there with ease. Many of the suites have sunny balconies with green lawn views. Book an appointment with our in-house Manager to tour available 1, 2 and 3 bedroom layouts.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very GoodWith a solid 8.9 out of 10 overall, 506 Danforth Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 506 Danforth Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
506 Danforth Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
506 Danforth Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
506 Danforth Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 506 Danforth Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
506 Danforth Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
506 Danforth Apartments is great for:
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Rent trends in Birchmount Park
1-bedroom apartments here are priced 8% lower than 1-bedrooms in Birchmount Park.
If you decide to upgrade your space, you can expect 2-bedrooms at 506 Danforth Apartments to be 13% less than the average for similarly sized apartments in Birchmount Park.
Median rents as of Apr 18 2026.
Birchmount Park
Toronto
| Month | Median Rent |
|---|---|
| May 2024 | $2,400 |
| June 2024 | $2,399 |
| July 2024 | $2,386 |
| August 2024 | $2,384 |
| September 2024 | $2,366 |
| October 2024 | $2,347 |
| November 2024 | $2,312 |
| December 2024 | $2,300 |
| January 2025 | $2,300 |
| February 2025 | $2,303 |
| March 2025 | $2,300 |
| April 2025 | $2,281 |
| May 2025 | $2,257 |
| June 2025 | $2,242 |
| July 2025 | $2,222 |
| August 2025 | $2,200 |
| September 2025 | $2,193 |
| October 2025 | $2,171 |
| November 2025 | $2,150 |
| December 2025 | $2,150 |
| January 2026 | $2,149 |
| February 2026 | $2,129 |
| March 2026 | $2,102 |
| April 2026 | $2,100 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,100 |
| July 2024 | $2,100 |
| August 2024 | $2,100 |
| September 2024 | $2,100 |
| May 2025 | $1,600 |
| June 2025 | $1,675 |
| September 2025 | $1,750 |
| October 2025 | $2,100 |
| November 2025 | $1,981 |
| December 2025 | $2,065 |
| January 2026 | $2,099 |
| February 2026 | $2,092 |
| March 2026 | $1,900 |
| April 2026 | $1,900 |
Affordability calculator
Can I afford to live at 506 Danforth Rd?
Bedrooms
Rent-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
$69,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,960 annually to afford this 1-bedroom monthly rent price of $1,749.
For more information on rent affordability, visit our rent calculator.
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Internet available near 506 Danforth Apartments
Getting around Toronto near 506 Danforth Rd
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 506 Danforth Rd, Toronto
Groceries
9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.
Shopping
6/10
Several fashion stores are within a short walk.
Cafes
6/10
The closest café is within a 5-minute walk, and there are some other cafés within walking distance.
Restaurants
7/10
Several restaurants are within a short walk.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
8/10
Some medium-size parks and several other smaller parks in the area.
Nightlife
4/10
The closest bar is within a 5-minute walk, and there are a few other bars within walking distance.
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