494 Avenue Rd Apartments

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(437) 291-2863
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Toronto, ON M4V 2J5

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494 Avenue Rd

Toronto, ON M4V 2J5
(437) 291-2863
494 Avenue Rd in Toronto, ON - Building Photo
  • 1–2 Bedrooms
  • $2,195-$3,200Pricing
  • 625–970Square Feet

Rent Specials

2 Months Free~~2 Months Free Rent for 1-BEDROOM SUITES. Terms and conditions apply, please inquire for more information.

About 494 Avenue Rd

494 AVENUE ROAD - 1 BEDROOM About Forest Hill - 494 Avenue RoadThe Avenue Road suites boast elegant living in Toronto’s downtown core with an on-site Management office and laundry facility, basement level convenience store and available indoor and outdoor parking. The beautiful bachelor, one and two bedroom units boast updated finishes, hardwood flooring, and newly renovated balconies. Close to great shopping areas such as Yorkville and Bloor Street West, with easy access to TTC (St. Clair/St. Clair West stations), bus and streetcar access, this popular neighbourhood is surrounded by grocery stores, LCBO, great restaurants such as Il Fornello, Terroni, Arthur’s, Playa Cabana, and schools such as Upper Canada College & Brown Elementary Public school. Suite amenitiesBalconiesCeramic floorsCity viewsFridgeLaminate FloorsStoveBuilding amenitiesConvenience storeElevatorsGarage with bike rackLaundry facilitiesLCBO NearbyOutdoor parkingPublic transitSchools nearbyUnderground parkingUtilitiesHeatWaterParkingPaid permit visitors parking front of building, Tenant parking also available; Outdoor is $150/mo and indoor is $175/mo.Pet-Friendly

Property Contact Info

Floorplan Pricing and Availability

494 Avenue Rd offers 1 to 2 Bedroom apartments starting from $2,195 and having 625–970 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 Bedroom(s) and 1 Bathroom(s)

    From $2,195

    1 Bed, 1 Bath, 625-637 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $2,195Available Now1 Bed625
    $2,200Available Now1 Bed625
    $2,250Available Now1 Bed626

    Model Amenities and Features

    Features

    • Balcony

    Model Rent and Fees

    Model Price Range

    • $2,195 - $2,250

    Unit 1 Bed Rent and Fees

    Unit Price

    • $2,195

    Model Rent and Fees

    Model Price Range

    • $2,195 - $2,250

    Unit 1 Bed Rent and Fees

    Unit Price

    • $2,200

    Model Rent and Fees

    Model Price Range

    • $2,195 - $2,250

    Unit 1 Bed Rent and Fees

    Unit Price

    • $2,250

    Model Rent and Fees

    Model Price Range

    • $2,195 - $2,250
  • 2 Bedrooms

    2 Bedroom(s) and 1.5 Bathroom(s)

    $2,800

    2 Beds, 1.5 Baths, 872 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $2,800Available Now2 Bed - Unit B872

    Model Amenities and Features

    Features

    • Balcony

    Unit 2 Bed - Unit B Rent and Fees

    Unit Price

    • $2,800

    Model Rent and Fees

    Price

    • $2,800

    2 Bedroom(s) and 2 Bathroom(s)

    $3,200

    2 Beds, 2 Baths, 970 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $3,200Available Now2 Bed - Unit C (East Penthouse)970

    Unit 2 Bed - Unit C (East Penthouse) Amenities and Features

    Unique Features

    • Penthouse Unit

    Unit 2 Bed - Unit C (East Penthouse) Rent and Fees

    Unit Price

    • $3,200

    Model Rent and Fees

    Price

    • $3,200
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (437) 291-2863 to schedule a tour.

3D Tours

Property Information

  • 115 Units
  • 13 Stories
  • Built in 1957

Lease Terms

  • 12 mo

Fees and Policies

Pet Policy and Fees

Cats

    Restrictions:

    None

    Dogs

      Restrictions:

      None

      Parking Info and Fees

      Garage ParkingiParking
      OtheriVisitor Parking

      Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

      Features and Amenities

      Unique Amenities

      • Bike Storage
      • Outdoor parking
      • visitor parking

      On-Site Services

      • On Site Retail
      • Property Manager On Site
      • Car Charging Station
      • Concierge
      • Key Fob Entry
      • Laundry Facilities

      Community Features

      • Elevator

      Outdoor Features

      • Cabana

      Recreation and Fitness

      • Bicycle Storage

      Interior Features

      • Balcony

      Living Area Features

      • Office
      • Basement
      • Hardwood Floors
      Google Map

      Map

      494 Avenue Rd, Toronto, ON M4V 2J5

      Hours and Contact Info

      Call Us - Open Now!
      Currently Closed
      By Appointment
      Monday8:30 am–4:30 pm
      Tuesday8:30 am–4:30 pm
      Wednesday8:30 am–4:30 pm
      Thursday8:30 am–4:30 pm
      Friday8:30 am–4:30 pm
      SaturdayClosed
      SundayClosed

      Frequently Asked Questions about 494 Avenue Rd

      Where is 494 Avenue Rd located?

      494 Avenue Rd is located at 494 Avenue Rd near the Casa Loma area of Toronto, ON

      What is the current rent range at 494 Avenue Rd?

      1 Bedroom to 2 Bedroom Apartments at 494 Avenue Rd currently range from $2,195 to $3,200

      When is the leasing office open?

      • The office Hours for 494 Avenue Rd are
      • Monday 8:30 am–4:30 pm
      • Tuesday 8:30 am–4:30 pm
      • Wednesday 8:30 am–4:30 pm
      • Thursday 8:30 am–4:30 pm
      • Friday 8:30 am–4:30 pm
      • Saturday Closed
      • Sunday Closed

      Are pets allowed?

      Call us today to find out our pet policy and if we allow pets

      Are there any rent specials?

      The current rent special at 494 Avenue Rd is: 2 Months Free~~2 Months Free Rent for 1-BEDROOM SUITES. Terms and conditions apply, please inquire for more information..

      Lifestyle Ratings

      • Affordability Good Value3.6

        The 494 Avenue Rd Apartments are 0.1% more expensive than the average apartment in the Casa Loma area, and 12.5% cheaper than the average apartment city-wide.

        Rent Comparison to the Casa Loma Neighborhood

        FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
        1 Bedroom$2,195$2,162+$331.5%
        2 Bedroom$2,800$2,838-$38-1.3%

        Rent Comparison to the city of Toronto

        FloorplanLowest Price HereCity Average RentCost Difference%
        1 Bedroom$2,195$2,477-$282-11.4%
        2 Bedroom$2,800$3,240-$440-13.6%

        Methodology: On 03/15/2026, ApartmentHomeLiving.com compared current rents by floorplan to 335 other apartment communities in the immediate area around 494 Avenue Rd (Casa Loma), and 9894 other apartment communities in Toronto using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

        Rent Pricing Data as of 03/15/2026

      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      3.0
      0 Renters Reviews
      ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

      Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

      Points of Interest

      Time and distance from 494 Avenue Rd.

      Big Box and Retail

      Michaels

      30 Billy Bishop Way
      8 minute drive / 3.97 miles away

      Lowe's

      800 Warden Ave
      13 minute drive / 6.08 miles away

      Walmart

      2245 Islington Ave
      16 minute drive / 7.83 miles away

      Colleges and Universities

      University of St. Michael's College - Main Campus

      81 Saint Mary Street
      5 minute drive / 1.74 miles away

      University of Toronto - Main Campus

      27 Kings College Cir
      5 minute drive / 1.85 miles away

      Ryerson University - Main Campus

      350 Victoria Street
      5 minute drive / 2.47 miles away

      Groceries

      Harvey's

      2310 Lawrence Ave E
      15 minute drive / 7.43 miles away

      Nearby Neighborhoods

      Studio to 3 Bedroom Apartments from $1,465
      View Rentals
      Studio to 3 Bedroom Apartments from $1,515
      View Rentals
      Studio to 3 Bedroom Apartments from $1,500
      View Rentals

      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Toronto Studio Apartments $2,046$1,045$10,000+
      Toronto 1 Bedroom Apartments $2,477$450$10,000+
      Toronto 2 Bedroom Apartments $3,240$950$10,000+
      Toronto 3 Bedroom Apartments $4,288$1,569$10,000+
      Toronto 4 Bedroom Apartments $6,242$1,469$10,000+
      Toronto 5 Bedroom Apartments $26,785$10,000$10,000+

      Browse Top Apartments in Toronto

      Viewing: 494 Avenue Rd | Desktop Version | Listing Updated: 03/13/2026 | AHLPLA