$1,700/mo - 338 Vaughan Road Unit Apt 3, Forest Hill
Multi-Family for Rent in Forest Hill
Neighbourhood: Humewood-Cedarvale
- MLS Number
- C13647888
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 17
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Bright and well-maintained single-occupancy Bachelor Apartment available in a clean home. Ideal for young professionals seeking a quiet and comfortable living environment. The spacious bedroom features a large walk-in closet with ample storage and a wall-mounted air conditioning unit for year-round comfort. Conveniently located with a bus stop right in front of the property, making commuting quick and easy. Close to shops, restaurants, parks, and everyday amenities. Tenant is responsible for 1/3 hydro. *some photos have been virtually staged*
Discover Humewood-Cedarvale
Humewood-Cedarvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Humewood-Cedarvale
- •Convenient location in Forest Hill / Deer Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Humewood-Cedarvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
338 Vaughan Road Unit Apt 3, Forest Hill / Deer Park
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,700/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Forest Hill. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
About Humewood-Cedarvale
I know Humewood-Cedarvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.