Apartments for Rent in Silverthorn, Toronto, ON

Silverthorn, Toronto apartment availability

Silverthorn's rental market offers a good selection of listings, with an average of 20 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments are pet-friendly, with over 65% allowing cats, small pets, or having pet-friendly restrictions in place. This makes Silverthorn a great option for renters with furry friends. With a range of apartment types and pet-friendly amenities, Silverthorn is a neighborhood worth considering for those looking for a new place to call home.

Silverthorn, Toronto rental market trends

The Silverthorn neighborhood in Toronto has experienced a significant shift in rent prices, with a year-over-year decrease of 100% in 2024. The average monthly rent for all bed types and properties is now $2,298.82. Breaking it down by bed count, 1-bedrooms average $2,190.47, 2-bedrooms average $2,831.89, 3-bedrooms average $2,886.67, and studios average $1,750.

The rental market in Silverthorn tends to fluctuate throughout the year. February typically sees the highest rent prices, while April has the lowest. The rent increase from April to February is a notable 26.71%. This suggests that renters may find better deals during the spring months. However, it's essential to consider that the rental market can be unpredictable, and prices may vary based on various factors.

Note: The 100% year-over-year decrease in rent prices may indicate an anomaly in the data or a significant change in the market. It's crucial to consult with a real estate expert for a more accurate understanding of the current market trends.

Why Silverthorn, Toronto is a great place to live

Silverthorn stands out as a top choice for renters prioritizing environmental sustainability and social living. The neighborhood's focus on eco-friendliness is evident in its use of non-toxic paint, rainwater harvesting, and sustainable materials in construction. Community solar projects and low-flow fixtures further contribute to its environmental sustainability. With a strong transit score and walk score, Silverthorn also offers easy access to getting around, making it an ideal spot for those who value social connections. The neighborhood's attention to safety and street infrastructure adds to its appeal, creating a well-rounded community that supports both people and the planet.