494 Avenue Rd Apartments in Toronto, ON

Q: 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,

Contact

494 Avenue Rd

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

1–2 Bedrooms
$2,195-$3,200 Total Monthly Price
Total Monthly Price
Base Rent
$2,195 - $3,200
Utilities & Essentials
Varies
Total Monthly Price
$2,195 - $3,200
625–970 Square 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

Listed by:
Agency:
Vendor Logo:
Website:: View Property Website
Call Us:: (437) 291-2863
Disclaimer:

Office Hours

Call Us - Open Now!

Currently Closed

By Appointment

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

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:

Cost CalculatorEstimate your monthly and one-time fees

1 Bedrooms
2 Bedrooms

1 Bedroom(s) and 1 Bathroom(s)

From $2,195

1 Bed, 1 Bath, 625-637 sq ft

Total Monthly Price

Available Now

Model Gallery

Floorplans

Photos

Availability Details

Price	Availability Date	Unit	Sq Ft	View Details
$2,195	Available Now	1 Bed	625	View Details Below
$2,200	Available Now	1 Bed	625	View Details Below
$2,250	Available Now	1 Bed	626	View Details Below

Prices shown for this property are the Total Monthly Price including Fees.

Model Amenities and Features

Features

Balcony

Model Lease Information

Model Price Range

$2,195 - $2,250Total Monthly Price
Base Rent: $2,195 - $2,250
Required Monthly Fees: None

Unit 1 Bed Lease Information

Unit Price

$2,195Total Monthly Price
Base Rent: $2,195
Required Monthly Fees: None

View Details and Rent Estimate

Model Lease Information

Model Price Range

$2,195 - $2,250Total Monthly Price

Unit 1 Bed Lease Information

Unit Price

$2,200Total Monthly Price
Base Rent: $2,200
Required Monthly Fees: None

View Details and Rent Estimate

Model Lease Information

Model Price Range

$2,195 - $2,250Total Monthly Price

Unit 1 Bed Lease Information

Unit Price

$2,250Total Monthly Price
Base Rent: $2,250
Required Monthly Fees: None

View Details and Rent Estimate

Model Lease Information

Model Price Range

$2,195 - $2,250Total Monthly Price

1 Bedroom(s) and 1 Bathroom(s) - Image 1

1 Bedroom(s) and 1 Bathroom(s) - Image 2

1 Bedroom(s) and 1 Bathroom(s) - Image 3

1 Bedroom(s) and 1 Bathroom(s) - Image 4

1 Bedroom(s) and 1 Bathroom(s) - Image 5

1 Bedroom(s) and 1 Bathroom(s) - Image 6

1 Bedroom(s) and 1 Bathroom(s) - Image 7

1 Bedroom(s) and 1 Bathroom(s) - Image 8

1 Bedroom(s) and 1 Bathroom(s) - Image 9

1 Bedroom(s) and 1 Bathroom(s) - Image 10

1 Bedroom(s) and 1 Bathroom(s) - Floorplan 1

1 Bedroom(s) and 1 Bathroom(s) - Floorplan 2

2 Bedrooms
Sort by
2 Bedroom(s) and 1.5 Bathroom(s)
$2,800
2 Beds, 1.5 Baths, 872 sq ft
Total Monthly Price
Total Monthly Price
Base Rent
$2,800
Utilities & Essentials
Varies
Total Monthly Price
$2,800
Available Now
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Property Map
$2,800 Available Now 2 Bed - Unit B 872
Prices shown for this property are the Total Monthly Price including Fees.
Model Amenities and Features
Features
Balcony
Unit 2 Bed - Unit B Lease Information
Unit Price
$2,800Total Monthly Price
Base Rent: $2,800
Required Monthly Fees: None
View Details and Rent Estimate
Model Lease Information
Price
$2,800Total Monthly Price
Apartment Model: 2 Bedroom(s) and 1.5 Bathroom(s)$2,8002 Bedroom, 1.5 Bath, 872 sq ftAvailable Now
Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
2 Bedroom(s) and 1.5 Bathroom(s) - Floorplan
Apartment Unit: 2 Bed - Unit BApartment Model: 2 Bedroom(s) and 1.5 Bathroom(s)$2,8002 Bedroom, 1.5 Bath, 872 sq ftAvailable Now
2 Bedroom(s) and 2 Bathroom(s)
$3,200
2 Beds, 2 Baths, 970 sq ft
Total Monthly Price
Total Monthly Price
Base Rent
$3,200
Utilities & Essentials
Varies
Total Monthly Price
$3,200
Available Now
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Property Map
$3,200 Available Now 2 Bed - Unit C (East Penthouse) 970
Prices shown for this property are the Total Monthly Price including Fees.
Unit 2 Bed - Unit C (East Penthouse) Amenities and Features
Unique Features
Penthouse Unit
Unit 2 Bed - Unit C (East Penthouse) Lease Information
Unit Price
$3,200Total Monthly Price
Base Rent: $3,200
Required Monthly Fees: None
View Details and Rent Estimate
Model Lease Information
Price
$3,200Total Monthly Price
Apartment Model: 2 Bedroom(s) and 2 Bathroom(s)$3,2002 Bedroom, 2 Bath, 970 sq ftAvailable Now
Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
2 Bedroom(s) and 2 Bathroom(s) - Floorplan
Apartment Unit: 2 Bed - Unit C (East Penthouse)Apartment Model: 2 Bedroom(s) and 2 Bathroom(s)$3,2002 Bedroom, 2 Bath, 970 sq ftAvailable Now

Price	Availability Date	Unit	Sq Ft	Property Map
$2,800	Available Now	2 Bed - Unit B	872

Price	Availability Date	Unit	Sq Ft	Property Map
$3,200	Available Now	2 Bed - Unit C (East Penthouse)	970

Price shown is total price based on community-supplied monthly required fees. 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

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

3D Tours

Laundry Room

1BR, 1BA - 626SF

1BR, 1BA - 637SF

Property Information

Built in 1957
13 Stories
115 Units

Lease Terms

12 mo

Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

Utilities

Utility - WateriUsage-Based/mo

HydroiUsage-Based/mo

HeatiIncluded in Rent/mo

Other Fees and Policies

Storage Fees

Bike Storage: Storage FeeiCharged Per Rentable Item.Varies
Storage Locker: Storage FeeiCharged Per Rentable Item.$75.00/mo

Pet Policy and Fees

Cats

Restrictions:

None

Dogs

Restrictions:

None

Parking Info and Fees

Garage Parkingi

Otheri

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

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

Community Features

Elevator

Outdoor Features

Cabana

Recreation and Fitness

Bicycle Storage

Interior Features

Balcony

Living Area Features

Office
Basement
Hardwood Floors

Ask About Our Amenities

Map

494 Avenue Rd, Toronto, ON M4V 2J5

Shopping
Colleges

Map

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 3.4% cheaper than the average apartment in the Casa Loma area, and 14.45% cheaper than the average apartment city-wide.
Rent Comparison to the Casa Loma Neighborhood
Floorplan Lowest Price Here* Neighborhood Avg Rent Nbhd Avg Rent Cost Difference %
1 Bedroom $2,195 $2,293 -$98 -4.3%
2 Bedroom $2,800 $2,871 -$71 -2.5%
Prices shown for this property are the Total Monthly Price including Fees.
Rent Comparison to the city of Toronto
Floorplan Lowest Price Here* City Average Rent Cost Difference %
1 Bedroom $2,195 $2,538 -$343 -13.5%
2 Bedroom $2,800 $3,310 -$510 -15.4%
Prices shown for this property are the Total Monthly Price including Fees.
Methodology: On 06/14/2026, ApartmentHomeLiving.com compared current rents by floorplan to 341 other apartment communities in the immediate area around 494 Avenue Rd (Casa Loma), and 9949 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 06/14/2026
* Price shown is Total Monthly Price including fees
Transit Friendly 3.0
Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Floorplan	Lowest Price Here*	Neighborhood Avg Rent	Nbhd Avg Rent	Cost Difference	%
1 Bedroom	$2,195	$2,293	-$98	-4.3%
2 Bedroom	$2,800	$2,871	-$71	-2.5%

Floorplan	Lowest Price Here*	City Average Rent	Cost Difference	%
1 Bedroom	$2,195	$2,538	-$343	-13.5%
2 Bedroom	$2,800	$3,310	-$510	-15.4%

Learn more about Lifestyle Search

Nearby Schools

Holy Rosary Catholic School

308 Tweedsmuir Ave

Public School - Grades K-5

In Attendance Zone1 minute drive / 0.6 miles away

School data provided by

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

Rental Price Ranges in the Area

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Toronto Studio Apartments	$2,084	$1,200	$9,000
Toronto 1 Bedroom Apartments	$2,538	$895	$10,000+
Toronto 2 Bedroom Apartments	$3,310	$1,350	$10,000+
Toronto 3 Bedroom Apartments	$4,176	$1,569	$10,000+
Toronto 4 Bedroom Apartments	$5,530	$1,219	$10,000+
Toronto 5 Bedroom Apartments	$14,710	$1,000	$10,000+

494 Avenue Rd Apartments

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494 Avenue Rd

Total Monthly Price

Rent Specials

About 494 Avenue Rd

Property Contact Info

Office Hours

Floorplan Pricing and Availability

New! Interactive Property Map

1 Bedroom

1 Bedroom(s) and 1 Bathroom(s)