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5+ Days Ago

Highlights

  • Pet Friendly

Location

494 Avenue Road #23, Toronto, ON M4V 2J5, CA|Forest Hill

Available rentals nearby

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East Danforth • 408 Strathmore Boulevard

1 Bed

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The Annex • 9 Albany Avenue

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East Danforth • 685 Greenwood Avenue #BSMT

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Riverdale • 462 Pape Avenue

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$1,300

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Niagara • 720 Richmond Street West

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featured image of 408 Strathmore Boulevard

East Danforth • 408 Strathmore Boulevard

1 Bed

$1,199

featured image of 117 Earlscourt Avenue #B

Earlscourt • 117 Earlscourt Avenue #B

1 Bed

$1,295

featured image of 9 Albany Avenue

The Annex • 9 Albany Avenue

1 Bed

$1,149

featured image of 685 Greenwood Avenue #BSMT

East Danforth • 685 Greenwood Avenue #BSMT

1 Bed

$1,199

featured image of 462 Pape Avenue

Riverdale • 462 Pape Avenue

1 Bed

$1,300

featured image of 720 Richmond Street West

Niagara • 720 Richmond Street West

1 Bed

$1,350

Rent trends in Forest Hill

1-bedroom apartments at 494 Avenue Road #23 cost about 40% less than the average rent price for 1-bedroom apartments in Forest Hill.

Median rents as of May 16 2026.
Forest Hill
Toronto
A table of 1-bedroom apartment rental data trends in Toronto
MonthMedian Rent
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
May 2026$2,099
A table of 1-bedroom apartment rental data trends in Forest Hill
MonthMedian Rent
June 2024$2,295
July 2024$2,257
August 2024$2,275
September 2024$2,278
October 2024$2,270
November 2024$2,264
December 2024$2,203
January 2025$2,160
February 2025$2,145
March 2025$2,133
April 2025$2,135
May 2025$2,169
June 2025$2,179
July 2025$2,190
August 2025$2,148
September 2025$2,156
October 2025$2,137
November 2025$2,056
December 2025$2,025
January 2026$1,985
February 2026$1,954
March 2026$1,965
April 2026$1,984
May 2026$2,030
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Internet available near 494 Avenue Road #23

Neighborhood

Forest Hill | Toronto, ON

NEIGHBORHOOD VIBE
Green oasis
A botanical paradise blooming with foliage.

Getting around Toronto near 494 Avenue Road #23

Walking

8/10
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

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 494 Avenue Road #23, Toronto

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

4/10
Some bars within a few minutes’ walk

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