Updated 5+ Days Ago
Highlights
Pet Friendly
Location
21 Mayfair Ave, Toronto, ON M5N 2N5, CAN|Forest Hill
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Property Overview
The Montebello, Toronto earns a strong overall rating with standout marks for value, amenities, location, and quality, reflecting a well-rounded option with competitive pricing and a high standard of living. It also stands out for pet friendliness, supported by available outdoor spaces, while its detailed and transparent property information adds to its appeal.
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
Pet owners
Floor plans
| Bachelor | Studio | 1 bath | 500 sqft | $1,995 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 2 bath | 1,100 sqft | $2,650 /mo | 1 unit available |
Let's explore this property.
Amenities for The Montebello, Toronto
Apartment Amenities
| Balcony | Electric |
| Ensuite Bathroom | Hardwood Floor |
| Heat | Hot Water |
| Utilities Included | View |
Appliances
| Fridge | Stove |
Tech
| Alarm System |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Onsite Laundry | Video Surveillance |
Grounds
| Garage Parking |
Services
| On-Site Management |
Neighborhood
| Convenience Store | Public Transit |
| Shopping Nearby |
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
Parking Policy
Garage Lot
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
About The Montebello, Toronto
Managed by Frastell Property Management Inc.
The Montebello provides residents with a wonderful home in the prestigious Forest Hill neighborhood. Schools, shops, parks, a skating arena and walking trails are nearby. This spectacular apartment building is located on the corner of Mayfair Avenue and Shallmar Blvd. The Montebello is a breathtaking 11 storey high-rise building with 138 suites. Most apartments on the second to eleventh floors have balconies. Residents enjoy on-site customer service Mondays to Fridays 8:30 a.m. to 4:30 p.m. and the superintendent is on call 24 hrs a day. The Montebello contains spacious, recently renovated one, two, and three bedroom apartments. Monthly rents include all utilities and underground parking is available.
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.
9.4
/10
ExcellentThe Montebello, Toronto is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
The Montebello, Toronto 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.
The Montebello, Toronto 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.
The Montebello, Toronto 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·9A 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.
The Montebello, Toronto has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
The Montebello, Toronto is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How The Montebello, Toronto compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.5 miles away
- Distance from transit
- More than 4.2 miles from public transportation
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Rent trends in Forest Hill
Studio apartments at The Montebello, Toronto cost about 19% more than the average rent price for studios in Forest Hill.
If you decide to upgrade your space, you can expect 2-bedrooms at The Montebello, Toronto to be 9% less than the average for similarly sized apartments in Forest Hill.
Median rents as of Nov 7 2026.
Forest Hill
Toronto
| Month | Median Rent |
|---|---|
| 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 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| August 2026 | $1,732 |
| September 2026 | $1,748 |
| October 2026 | $1,749 |
| November 2026 | $1,750 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,737 |
| 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 | $1,665 |
| December 2025 | $1,659 |
| January 2026 | $1,646 |
| February 2026 | $1,603 |
| March 2026 | $1,634 |
| April 2026 | $1,618 |
| May 2026 | $1,650 |
| June 2026 | $1,673 |
| July 2026 | $1,667 |
| August 2026 | $1,687 |
| September 2026 | $1,673 |
| October 2026 | $1,673 |
| November 2026 | $1,679 |
Affordability calculator
Can I afford to live at 21 Mayfair Ave?
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
$79,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this studio monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Forest Hill | Toronto, ON
Getting around Toronto near 21 Mayfair Ave
Walking
9/10
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
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 21 Mayfair Ave, Toronto
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
9/10
Variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Few or no bars within walking distance
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