494 Avenue Rd Apartments

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

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.

Ask Us About Our Specials

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 Ft
    $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

    Model Amenities and Features

    Features

    • Balcony

    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 and may not include non-optional fees and utilities. 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.

Matterport 3D Tours

Property Information

  • 115 Units
  • 13 Stories
  • Built in 1957

Lease Terms

  • 12 mo

Fees and Policies

Pet Policy and Fees

Dogs

  • 2 Pet Limit
  • Fees Not Specified
  • 50 Lb Weight Limit
Restrictions:

Cats

  • 2 Pet Limit
  • Fees Not Specified
Restrictions:

Parking Info and Fees

OtheriVisitor Parking
Garage ParkingiParking

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

Getting Around

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

83 / 100

Excellent Transit

Transit is convenient for most trips

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 Nice Value3.4

    The 494 Avenue Rd Apartments are 0.85% more expensive than the average apartment in the Casa Loma area, and 11.25% 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$2,246-$51-2.3%
    2 Bedroom$2,800$2,692+$1084.0%

    Rent Comparison to the city of Toronto

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$2,195$2,478-$283-11.4%
    2 Bedroom$2,800$3,149-$349-11.1%

    Methodology: On 10/29/2025, ApartmentHomeLiving.com compared current rents by floorplan to 341 other apartment communities in the immediate area around 494 Avenue Rd (Casa Loma), and 9855 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 10/29/2025

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 $1,600
View Rentals
Studio to 3 Bedroom Apartments from $1,535
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 $2,039$1,045$5,160
Toronto 1 Bedroom Apartments $2,478$895$6,984
Toronto 2 Bedroom Apartments $3,149$1,559$10,000+
Toronto 3 Bedroom Apartments $3,967$1,459$10,000+
Toronto 4 Bedroom Apartments $4,085$1,459$10,000+
Toronto 5 Bedroom Apartments $5,220$4,890$5,550

Browse Top Apartments in Toronto

Viewing: 494 Avenue Rd | Desktop Version | Listing Updated: 10/30/2025 | AHLPLA