Updated 9 Hours Ago
Highlights
Pet Friendly
Location
506 Danforth Rd, Toronto, ON M1K 1C6, CAN|Birchmount Park
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Floor plans
| 2 Bedroom | 2 bed | 1 bath | 750 sqft | $1,799 /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.
$1,799
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.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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.
506 Danforth Apartments is great for:
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Rent trends in Birchmount Park
2-bedroom apartments at 506 Danforth Apartments cost about 20% less than the average rent price for 2-bedroom apartments in Birchmount Park.
Median rents as of Oct 17 2026.
Birchmount Park
Toronto
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $2,099 |
| June 2026 | $2,124 |
| July 2026 | $2,111 |
| August 2026 | $2,106 |
| September 2026 | $2,100 |
| October 2026 | $2,100 |
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $1,900 |
| June 2026 | $1,900 |
| July 2026 | $1,900 |
| August 2026 | $1,900 |
| September 2026 | $1,900 |
| October 2026 | $1,900 |
Affordability calculator
Can I afford to live at 506 Danforth Rd?
Bedrooms
2 bedroomsRent-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
$71,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,960 annually to afford this 2-bedrooms monthly rent price of $1,799.
For more information on rent affordability, visit our rent calculator.
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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