$1,700/mo - 502 Westmount Avenue Unit LOWER, Forest Hill
Detached for Rent in Forest Hill
Neighbourhood: Oakwood Village
- MLS Number
- C13446290
- Property Type
- Detached
- Status
- active
- Days on Site
- 22
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Forest Hill / Deer Park
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A bright and comfortable two-bedroom unit in Oakwood Village with high ceilings that give the space a more open feel. The separate kitchen and living areas mean you're not eating dinner where you watch TV. The layout works well for a couple, 2 roommates, or a working professional who just wants a bit more breathing room. A storage cantina keeps the clutter off your floor, and your own dedicated laneway parking spot is a genuine convenience in this part of the city. Out back, shared access to a backyard gives you a spot to get some fresh air without leaving home. Shared laundry on site. The location is one of the best parts. You're in Oakwood Village, a quiet and established neighbourhood that sits between the energy of St. Clair West and the convenience of Dufferin Street. It's a short walk to Eglinton West, where the newly opened Eglinton Crosstown LRT adds a faster east-west connection across the city. Dufferin transit is also nearby, and St. Clair West is about a 15-minute walk, with access to great restaurants, independent shops, Wychwood Barns, and the streetcar. A comfortable, well-located unit in a neighbourhood that's ready for you to call home. Parking $50/mth. Tenant responsible for 50% utilities.
Discover Oakwood Village
Oakwood Village 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 Oakwood Village
- •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
Oakwood Village 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.
502 Westmount Avenue Unit LOWER, 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 2-bedroom rent of ~$2,900/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 22 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.
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 Oakwood Village
I know Oakwood Village 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.