$2,500/mo - 485 Oriole Parkway Unit Main, Forest Hill
Detached for Rent in Forest Hill
153 days on marketNeighbourhood: Yonge-Eglinton
- MLS Number
- C12753198
- Property Type
- Detached
- Status
- active
- Days on Site
- 153
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Rarely offered, stunning residence in the heart of prestigious Yonge & Eglinton. This exceptionally spacious one-bedroom uniton a main floor features a unique layout with full four-piece bathrooms and a private entrance, offering both comfort and privacy. Flooded with natural light from multiple windows, the home showcases a beautifully designed open-concept living area and a fully equipped, naturally lit kitchen complete with dishwasher, full-size standalone refrigerator, microwave, and stove. Experience true Toronto living in the epicentre of Midtown Toronto, set within a quiet, prestigious, and family-oriented neighbourhood, just steps to an abundance of world-class shops, restaurants, and everyday services. Additional details: $300 key deposit, No smoking of any kind permitted on the premises, No pets permitted due to medical allergy conditionsof the other tenants. Parking and locker available at an additional cost. A rare opportunity to live in one of Toronto's most sought-after locations.
Discover Yonge-Eglinton
Yonge-Eglinton 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 Yonge-Eglinton
- •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
Yonge-Eglinton 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.
485 Oriole Parkway Unit Main, 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
Fairly Priced Rental
At $2,500/mo, this is in line with typical 1-bedroom rents in Forest Hill (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 153 days on site, this property has exceeded the typical selling timeline for Forest Hill. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Forest Hill are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Yonge-Eglinton
I know Yonge-Eglinton 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.