Condos for Rent in Forest Hill South, Toronto, ON
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Neighbourhood in Toronto
Forest Hill South
Forest Hill South is an upscale neighbourhood in Toronto. It is known for its beautiful homes and strong community feel.
Toronto, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Listed 1 day ago
Unit 1611, 91 Montclair Avenue
Toronto (Forest Hill South), ON M5P 0B1
Condo ApartmentFor Rent
Listed 1 day ago
Unit 7, 314 Lonsdale Road
Toronto (Forest Hill South), ON M4V 1X4
Condo ApartmentFor Rent
Listed 1 day ago
Unit 2101, 91 Montclair Avenue
Toronto (Forest Hill South), ON M5P 0B1
Condo ApartmentFor Rent
Listed 1 day ago
Unit 1722, 89 Montclair Avenue
Toronto (Forest Hill South), ON M5P 0A9
Condo ApartmentFor Rent
Day to dayLivability
98
Walkability
out of 100 · averaged over 9 past and present listings
Average walk score reported on listings here
7.6
Schools near listings
out of 10 · averaged over 1,490 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$4,595,000
In Forest Hill South
$4,595,000
In Toronto
$1,499,000
In Ontario
$717,000
Median monthly rent
$2,799/mo
In Forest Hill South
$2,799
In Toronto
$2,500
In Ontario
$2,500
≈ 136.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
81
Median $4,595,000
Houses 57 · Condos 24
For rent
81
Median $2,799
Condos 57 · Houses 24
Recently sold
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Recently leased
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Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly environment
- Good schools and educational options
- Access to parks and green spaces
- Strong community feel
Keep in mind
- Housing prices are above the city median
- Higher rent prices compared to the city average
The feel of the placeLifestyle
Daily life here is relaxed and community-oriented, with access to local shops and parks. Residents enjoy a mix of urban living and suburban charm.
Within the boundaryWhat's nearby
The boundary
2.5 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
8
Parks
10
Playgrounds
8
Transit stations
2
Grocery stores
8
Restaurants
5
Cafés
3
Gyms
3
Pharmacies
Counted across all 2.5 km² of Forest Hill South. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
8.0/10
Average rating of the 2 rated schools in this area
5
Elementary
1
Secondary
Holy Rosary Catholic School
Catholic · Grades JK–8 · Toronto CDSB
8.7/108.6 over 5 yrs130th of 3,045 Ontario elementary schools
270 students · EQAO 2024-2025
Forest Hill Junior and Senior Public School
Public · Grades JK–8 · Toronto DSB
7.3/108.6 over 5 yrs687th of 3,045 Ontario elementary schools
660 students · EQAO 2024-2025
Bishop Strachan School, the
Independent
Not rated
Forest Hill Tutoring
Independent
Not rated
St Michael's College School
Independent
Not rated
Upper Canada College
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Forest Hill South, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
11,933
Population (2021)
2.5 km²
Area
4,765
People per km²
47.9
Median age
$180,207
Median income
44%
Own their home
2.3
People per household
5,630
Households
Every age
- Children (under 15)11.5%
- Working age (15–64)61.1%
- Seniors (65+)27.4%
What is built here
- Detached houses29.6%
- Semi-detached1.1%
- Townhouses0.9%
- Duplexes1.4%
- Low-rise apartments17.7%
- High-rise apartments49.4%
Own or rent
44%Owners
56%Renters
Across 5,630 households
When it was built
Mostly 1960 or earlier
- 1960 or earlier43%
- 1961–198027%
- 1981–199010%
- 1991–20005%
- 2001–20051%
- 2006–20102%
- 2011–20158%
- 2016–20212%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 28%
- Born outside Canada
- 61.4%
- Hold a degree or higher
- 57.3%
- Employment rate
- 21.5%
- Commute by transit
- 58.5%
- Commute by car
- 1.7
- Children per family
- $135,107
- Median income after tax
- $320,778
- Average household income
- 9.9%
- Living on a low income
- $1,838/mo
- Renters pay, per month
- $2,538/mo
- Owners pay, per month
- $3,034,070
- Median home value at census
- 42.1%
- Renters spending 30%+ of income on housing
- 23.1%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
What condos in Forest Hill South actually rent for
At least 119 condos were leased in Forest Hill South over the 12 months to September 2026. Half leased above $2,441 and half below, 8.6% lower than the 12 months before. A typical condo found its tenant in 22 days — 2 days quicker than a year ago.
5 of the last 12 months had at least 5 closed condos sales in Forest Hill South. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.
- Median rent
- $2,441
- -8.6% year over year
- Days to lease
- 22
- 2 days quicker
- Leases closed
- 119
- last 12 months
- Rent per square foot
- $3.93/mo
- from 101 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.
What renters actually paid
$2,989/mo
on a $3,000 asking rent — under ask by $11
- Of the asking rent
- 99.6%
- Leased over asking
- 5.9%
From 119 leases that closed here in the last 12 months.
Rent or buy in Forest Hill South
42.2 years
of rent, at the going rate here, adds up to what a condo here costs.
Median sold price
$1,236,111
27 sales
Median rent
$2,441/mo
119 leases
Gross rental yield
2.37%
before costs
Both figures come from deals that actually closed in Forest Hill South over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — Forest Hill South, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 46 | $2,460 | $2,250 – $2,955 | 25 | 100.0% |
| Aug 2026 | 35 | $2,300 | $2,200 – $2,450 | 16 | 100.0% |
| Jun 2026 | 6 | $2,248 | $2,161 – $2,360 | 14 | 100.0% |
| May 2026 | 7 | $2,500 | $2,248 – $4,309 | 17 | 100.0% |
| Apr 2026 | 9 | $3,400 | $2,450 – $5,000 | 52 | 100.0% |
| Mar 2026 | 7 | $2,199 | $2,012 – $2,350 | 16 | 100.0% |
| Oct 2025 | 9 | $2,200 | $2,000 – $2,950 | 14 | 95.2% |
| Sep 2025 | 9 | $2,350 | $1,999 – $3,780 | 24 | 100.0% |
| Jul 2025 | 8 | $3,150 | $2,086 – $3,913 | 24 | 100.0% |
| Jun 2025 | 9 | $2,950 | $2,300 – $3,450 | 30 | 100.0% |
| Mar 2025 | 6 | $2,500 | $2,263 – $2,963 | 16 | 100.0% |
| Jan 2025 | 5 | $2,450 | $2,300 – $2,495 | 29 | 100.0% |
| Oct 2024 | 5 | $2,400 | $2,400 – $2,500 | 14 | 100.0% |
| Sep 2024 | 10 | $2,750 | $2,250 – $3,075 | 36 | 100.0% |
| Aug 2024 | 6 | $2,475 | $1,984 – $2,775 | 21 | 100.0% |
| Jul 2024 | 6 | $2,570 | $1,962 – $3,298 | 32 | 98.9% |
| May 2024 | 14 | $2,850 | $2,500 – $3,400 | 55 | 100.0% |
| Apr 2024 | 7 | $2,850 | $2,300 – $3,325 | 49 | 98.7% |
| Mar 2024 | 5 | $2,600 | $1,900 – $4,900 | 32 | 100.0% |
What people ask about Forest Hill South
How much does a condo cost in Forest Hill South?
Condos in Forest Hill South sold for a median of $1,236,111 over the 12 months to September 2026, across at least 27 closed sales — half sold for more and half for less. That is 43.9% higher than the 12 months before it.
How long does it take to sell a condo in Forest Hill South?
A condo in Forest Hill South took a median of 35 days on the market over the 12 months to September 2026. Condos there closed at 94.9% of the asking price on average, with 11.1% selling over asking.
How much is rent for a condo in Forest Hill South?
The median condo lease in Forest Hill South closed at $2,441 a month over the 12 months to September 2026, across at least 119 leases.
Is it cheaper to rent or buy a condo in Forest Hill South?
A condo in Forest Hill South costs about 42.2 years of the rent on one — the median price of $1,236,111 against a median rent of $2,441 a month, a gross yield of 2.37%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Forest Hill South on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.