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Market Data as of August 31, 2026

Forest Hill Private Residences — Rental Market Data

2 Forest Hill Rd, Toronto, Ontario M4V 2L3
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom + Den
1
$19,000

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2025
Total Suites83
DeveloperAltree Developments

Forest Hill Private Residences at 2 Forest Hill Rd in South Midtown Toronto, developed by Altree Developments and completed in 2025, contains 83 suites with one unit currently listed for rent as of August 31, 2026, representing a 1.2 percent availability rate. The building has recorded three closed leases since registration, including one in the trailing 30 days at an average of $5,500 per month and two in the trailing 90 days averaging $15,250 per month, with average days on market of 74 and 55 respectively.

The single active asking rent of $19,000 per month translates to $23.75 per square foot across an 800-square-foot footprint, a rate that sits well above the building's all-time realized average of $5.84 per square foot and far exceeds the South Midtown asking benchmark of $4.64 per square foot. The active suite is 65 square feet smaller than the submarket implied average of 865 square feet, yet commands a 411.9 percent premium on a per-square-foot basis, reflecting an ultra-premium positioning rather than a standard market-rate unit. Historical leases at this building averaged 1,908 square feet, meaning the current listing represents a dramatically more compact footprint compared to prior closed transactions.

Marketing friction is notable here: the active listing has sat for 38 days on market, exceeding the South Midtown average of 23 days, while the trailing 30-day closed lease took 74 days to convert, signaling leasing deceleration in this initial-occupancy phase. Tenants negotiating across all three tracked closed transactions secured an average concession of $2,333 per month, or 13.95 percent below asking, with 100 percent of leases closing under the initial list price. Inventory depth is effectively zero for standard renters: the sole available unit is a 2-Bedroom + Den, leaving no one-bedroom, standard two-bedroom, or three-bedroom alternatives within this building.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Forest Hill Private Residences as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-1 (50.0%)
Avg Asking Rent$19,000
+$6,600 (53.2%)
Avg Suite Size800 sf
-150 sf (15.8%)
Avg Days on Market38d
+13d (52.0%)
Avg Asking $/SF$23.75
+$9.24 (63.7%)

Active Market Insights & Questions

How has rental availability changed at Forest Hill Private Residences recently?

Forest Hill Private Residences has one active listing as of August 31, 2026, with a single asking rent of $19,000 per month serving as the minimum, maximum, and median. The available suite spans 800 square feet at $23.75 per square foot, and the 100 percent layout share is a 2-Bedroom + Den configuration. With only one unit on the market, inventory is neither a compact entry-level tier nor a multi-bedroom executive block in volume terms; it is a single ultra-premium listing in a building still in its initial occupancy phase.

What floor plans and unit layouts are currently available at Forest Hill Private Residences?

The sole active layout at Forest Hill Private Residences is a 2-Bedroom + Den, representing 100 percent of available inventory with one listing. This unit asks $19,000 per month across 800 square feet at $23.75 per square foot, and no other bedroom tiers—whether one-bedroom, standard two-bedroom, or three-bedroom—are currently listed. Renter options within this building are limited to this single configuration.

What is the average asking rent and $/SF by suite size at Forest Hill Private Residences?

Forest Hill Private Residences shows a minimum and maximum asking rent of $19,000 per month, producing a dollar spread of $0 and a percentage spread of 0 percent due to the single active listing. The median asking rent is also $19,000 per month. The entry-level suite in this case is the 2-Bedroom + Den at 800 square feet and $23.75 per square foot, which is simultaneously the peak and only available unit, so no internal price gradient exists to contrast.

How much extra do parking spaces and dens cost at Forest Hill Private Residences?

Forest Hill Private Residences cannot quantify an active den premium in dollar terms or square-footage delta, as the available data does not support a reliable isolation of den-specific value. Marginal cost per square foot for additional den space is therefore uncalculated. Active parking stall premiums also cannot be reliably isolated from the available sample, and no verified parking add-on cost can be quoted for this building.

How do asking rents at Forest Hill Private Residences compare to local and municipal benchmarks?

The active asking rate at Forest Hill Private Residences of $23.75 per square foot stands 411.9 percent above the South Midtown asking benchmark of $4.64 per square foot, and the nominal rent of $19,000 per month exceeds the submarket average asking rent of $4,012 per month by a wide margin. The 800-square-foot active suite is 65 square feet smaller than the submarket implied average of 865 square feet, yet the per-square-foot premium remains extreme, indicating this listing is positioned well outside standard market-rate competition. Forest Hill Private Residences accounts for one out of 52 available listings in the South Midtown submarket.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Forest Hill Private Residences (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$5,500
Avg Leased Size1,908 sf
Avg Days to Lease74d
Leased $/SF$5.00

Leased Transaction Insights & Questions

How many suites were leased at Forest Hill Private Residences last month, and how fast did they rent?

Forest Hill Private Residences recorded 1 lease in the trailing 30 days at a 74-day DOM, versus 2 leases in the trailing 90 days at a 55-day average DOM, against a South Midtown submarket benchmark of 23 days. Lifetime volume stands at 3 closed leases. Leasing turnover remains in early-occupancy cadence with no acceleration signal yet, consistent with the building's initial registration in April 2025.

What is the negotiation spread between asking rents and closed lease prices at Forest Hill Private Residences?

Forest Hill Private Residences tenants negotiated an average discount of $2,333 per month (13.95% below asking), translating to $27,996 in annualized savings per unit. 100% of tracked leases closed under the listed asking price, confirming consistent tenant leverage and landlord concession across all three transactions. This pattern reflects a building still establishing its rent roll rather than a market-wide pricing shift.

What are typical executed lease prices across different layouts at Forest Hill Private Residences?

The 2-Bedroom + Den dominates at 66.7% of volume with an average rent of $15,900 per month and a 42-day DOM. This is a limited sample of 2 closed leases and serves as a directional indicator only. The 2-Bedroom tier recorded 1 lease at $5,500 per month, $5.00 per square foot, 1,100 square feet, and a 74-day DOM. This represents an individual single transaction, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Forest Hill Private Residences?

Forest Hill Private Residences has no verified leased parking premium due to insufficient paired data between suite and parking records. Active listing parking data is also inconclusive due to unreliable outlier or insufficient sample conditions. No reliable parking recovery figure can be quoted for this building at this time.

How does the lease-to-listing ratio at Forest Hill Private Residences reflect current tenant demand?

Forest Hill Private Residences shows a wide rent range across its three tracked monthly closings from May through August 2026. May closed 1 deal at $6,800 per month ($4.53 per square foot, 49 DOM). June closed 1 deal at $25,000 per month ($8.00 per square foot, 35 DOM). August closed 1 deal at $5,500 per month ($5.00 per square foot, 74 DOM). The nominal drop from June to August reflects compact suite footprints in the August transaction rather than property devaluation.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-273710012335.7752
2026-04-282745013005.7450
2026-04-292745013005.7451
2026-04-302745013005.7452
2026-05-012745013005.7453
2026-05-022745013005.7454
2026-05-032745013005.7455
2026-05-042745013005.7456
2026-05-051640011005.8265
2026-05-061640011005.8266
2026-05-071640011005.8267
2026-05-081640011005.8268
2026-05-091640011005.8269
2026-05-101640011005.8270
2026-05-1121820021137.7136
2026-05-1221820021137.7137
2026-05-1321820021137.7138
2026-05-1421820021137.7139
2026-05-1521820021137.7140
2026-05-1621820021137.7141
2026-05-1721820021137.7142
2026-05-1821820021137.7143
2026-05-1921820021137.7144
2026-05-2021820021137.7145
2026-05-2121820021137.7146
2026-05-2221820021137.7147
2026-05-2321820021137.7148
2026-05-2421820021137.7149
2026-05-2521820021137.7150
2026-05-2621820021137.7151
2026-05-2713000031259.6016
2026-05-2813000031259.6017
2026-05-2913000031259.6018
2026-05-3013000031259.6019
2026-05-3113000031259.6020
2026-06-0113000031259.6021
2026-06-0213000031259.6022
2026-06-0313000031259.6023
2026-06-0413000031259.6024
2026-06-0513000031259.6025
2026-06-0613000031259.6026
2026-06-0713000031259.6027
2026-06-0813000031259.6028
2026-06-0913000031259.6029
2026-06-1013000031259.6030
2026-06-1113000031259.6031
2026-06-1213000031259.6032
2026-06-1313000031259.6033
2026-06-1413000031259.6034
2026-06-181580011005.27N/A
2026-06-191580011005.271
2026-06-201580011005.272
2026-06-211580011005.273
2026-06-221580011005.274
2026-06-231580011005.275
2026-06-241580011005.276
2026-06-251580011005.277
2026-06-261580011005.278
2026-06-271580011005.279
2026-06-281580011005.2710
2026-06-291580011005.2711
2026-06-301580011005.2712
2026-07-011580011005.2713
2026-07-021580011005.2714
2026-07-031580011005.2715
2026-07-041580011005.2716
2026-07-051580011005.2717
2026-07-061580011005.2718
2026-07-071580011005.2719
2026-07-081580011005.2720
2026-07-091580011005.2721
2026-07-101580011005.2722
2026-07-111580011005.2723
2026-07-121580011005.2724
2026-07-131580011005.2725
2026-07-141580011005.2726
2026-07-151580011005.2727
2026-07-161580011005.2728
2026-07-171580011005.2729
2026-07-181580011005.2730
2026-07-191580011005.2731
2026-07-201580011005.2732
2026-07-211580011005.2733
2026-07-221580011005.2734
2026-07-231580011005.2735
2026-07-2421240095014.5118
2026-07-2521240095014.5119
2026-07-2621240095014.5120
2026-07-2721240095014.5121
2026-07-2821240095014.5122
2026-07-2921240095014.5123
2026-07-3021240095014.5124
2026-07-3121240095014.5125
2026-08-0121240095014.5126
2026-08-0221240095014.5127
2026-08-0321240095014.5128
2026-08-0421240095014.5129
2026-08-0521240095014.5130
2026-08-0621240095014.5131
2026-08-0721240095014.5132
2026-08-0821240095014.5133
2026-08-0921240095014.5134
2026-08-1021240095014.5135
2026-08-1121240095014.5136
2026-08-1221240095014.5137
2026-08-1321240095014.5138
2026-08-1421240095014.5139
2026-08-1521240095014.5140
2026-08-1621240095014.5141
2026-08-1721240095014.5142
2026-08-1821240095014.5143
2026-08-1921240095014.5144
2026-08-2021240095014.5145
2026-08-2121240095014.5146
2026-08-2221240095014.5147
2026-08-2321240095014.5148
2026-08-2421240095014.5149
2026-08-2521240095014.5150
2026-08-2621240095014.5151
2026-08-2721240095014.5152
2026-08-2821240095014.5153
2026-08-2921240095014.5154
2026-08-3021240095014.5155
2026-08-3111900080023.7538

12-Month Market Dynamics & Trend Trajectory

Forest Hill Private Residences realized an average lease of $12,433 per month at $5.84 per square foot across 1,908 average square feet, positioning it 47.1% above the South Midtown submarket leased rate of $4.42 per square foot and well above the submarket average rent of $3,731 per month. The active asking rate of $23.75 per square foot sits 411.9% above the submarket asking benchmark of $4.64 per square foot, though the subject's 800-square-foot active suite is 65 square feet smaller than the submarket implied average of 865 square feet, meaning lower nominal rents on some leased units reflect compact suite size rather than a pricing concession. All three tracked leases at Forest Hill Private Residences closed below asking, with tenants securing an average discount of $2,333 per month (13.95% under the listed rate). This 100% under-asking close rate signals consistent landlord concession and tenant leverage in a market where the building is still establishing its rent roll. The $27,996 annualized savings per unit underscores that asking prices at this property are not yet market-clearing.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-031680015004.5349
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-1412500031258.0035
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-230N/AN/AN/AN/A
2026-08-301550011005.0074

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Forest Hill Private Residences at 2 Forest Hill Rd sits in a tightly clustered South Midtown pocket where three nearby buildings have recorded closed lease transactions over the trailing 180 days, while one serves solely as an architectural reference. One Forest Hill at 1 Forest Hill Rd, completed in 2021 and located just 0.06 kilometres away, logged one closed lease. Zigg Condos at 223 St Clair Ave W, built in 2018 and 0.13 kilometres to the east, recorded two closed leases. The Avenue at 155 St Clair Ave W, a 2011 build 0.15 kilometres away, also closed one lease. At 0.18 kilometres, 2 Lynwood at 2 Lynwood Ave—constructed in 1985—registered zero lease transactions in the same window and functions purely as a structural and amenity reference rather than an active pricing benchmark. The active peer set therefore spans a four-year completion window from 2011 to 2021, while the subject, delivered by Altree Developments in 2025, represents the newest generation of residential product in this immediate cluster. Against the three-transaction comp pool, the overall benchmark averages $6,817 per month in realized rent, $4.97 per square foot, and 1,392 square feet of interior space. Forest Hill Private Residences clears each of those marks: its all-time average realized lease rent of $12,433 per month runs 82 percent above the comp mean, its $5.84 per square foot rate sits 17 percent above the comp average, and its 1,908-square-foot average suite footprint exceeds the comp norm by more than 500 square feet. The building's 83-suite scale and 2025 completion position it as the largest and most recently constructed asset in this sub-block, offering a materially larger interior envelope than any active competitor while carrying a per-square-foot rate that splits between a discount to One Forest Hill and meaningful premiums over Zigg Condos and The Avenue.

1 Forest Hill Rd, Toronto

Avg Asking$8,200/mo
Avg $/SF$6.31
Rent Spread:
-$10,800/mo (-56.8%) Lower

223 St Clair Ave W, Toronto

Avg Asking$3,210/mo
Avg $/SF$4.72
Rent Spread:
-$15,790/mo (-83.1%) Lower

155 St Clair Ave W, Toronto

Avg Asking$17,575/mo
Avg $/SF$6.38
Rent Spread:
-$1,425/mo (-7.5%) Lower

99 Foxbar Rd, Toronto

Avg Asking$2,327/mo
Avg $/SF$4.45
Rent Spread:
-$16,673/mo (-87.8%) Lower

78 Warren Road, Toronto

Avg Asking$1,500/mo
Avg $/SF$3.90
Rent Spread:
-$17,500/mo (-92.1%) Lower

111 St Clair Ave W, Toronto

Avg Asking$2,854/mo
Avg $/SF$3.87
Rent Spread:
-$16,146/mo (-85.0%) Lower

Comparable Analysis & Questions

How do rental rates at Forest Hill Private Residences compare to neighbouring buildings within South Midtown?

Forest Hill Private Residences realized an average lease rent of $12,433 per month across three closed transactions, which stands $5,616 above the $6,817 comp benchmark and well above every active peer in this pocket. One Forest Hill at 1 Forest Hill Rd (0.06 km, one closed lease) averaged $8,200 per month at $6.31 per square foot across 1,300 square feet, meaning the subject commands a rent $4,233 higher. Zigg Condos at 223 St Clair Ave W (0.13 km, two closed leases) averaged $3,450 per month at $4.47 per square foot over 750 square feet, placing the subject $8,983 above that mark. The Avenue at 155 St Clair Ave W (0.15 km, one closed lease) averaged $8,800 per month at $4.14 per square foot across 2,125 square feet, with the subject trading $3,633 higher. 2 Lynwood at 2 Lynwood Ave (0.18 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for comparison.

Does Forest Hill Private Residences offer a competitive price-per-square-foot ($/SF) against local comparables?

Forest Hill Private Residences leases at $5.84 per square foot across an average 1,908-square-foot suite, a combination that splits its value positioning across the active comp set: it trades at a $0.47-per-square-foot (7.4 percent) discount below One Forest Hill while commanding premiums of $1.37 per square foot (30.6 percent) over Zigg Condos and $1.70 per square foot (41.1 percent) over The Avenue. Against One Forest Hill, the subject provides 608 more interior square feet, so the higher nominal rent of $4,233 per month is driven by the larger footprint rather than a per-unit valuation premium—the per-square-foot rate actually favours the subject. Versus Zigg Condos, the subject delivers 1,158 additional square feet and a $1.37-per-square-foot premium, meaning the $8,983 rent gap reflects both a substantially bigger suite and a higher rate per unit of space. The Avenue presents the inverse trade-off: the subject provides 217 fewer square feet yet still commands a $1.70-per-square-foot premium, indicating that the $3,633 rent differential is anchored in genuine per-unit valuation rather than sheer square footage. Across all three active competitors, the subject's 2025 construction and larger-than-average interior envelope underpin a value proposition that blends space efficiency with a premium rate structure relative to the 2011-to-2021 peer cohort.

How do building age, amenities, and developer reputation impact rent spreads?

Forest Hill Private Residences fields a ten-point amenity programme that includes an indoor pool, yoga studio, sauna and steam room, private wine storage, garden and courtyard, dining room and kitchen, BBQ area, gym and fitness centre, party and lounge room, and concierge with security—a package that outflanks two of its three active competitors on lifestyle breadth. One Forest Hill (1 Forest Hill Rd) offers a rooftop terrace and meeting room but lacks the indoor pool, yoga studio, sauna and steam room, garden and courtyard, and private wine storage found at the subject. Zigg Condos (223 St Clair Ave W) provides a pet wash station and media and theatre room but omits the indoor pool, yoga studio, sauna and steam room, dining room and kitchen, garden and courtyard, and wine storage. The Avenue (155 St Clair Ave W) is the closest amenity match, sharing the indoor pool, yoga studio, sauna and steam room, garden and courtyard, and dining room with the subject, yet it adds a hot tub and jacuzzi, car wash bay, massage room, and meeting room that the subject does not carry; conversely, the subject's private wine storage is absent from The Avenue. 2 Lynwood (2 Lynwood Ave), the zero-transaction reference, includes an indoor pool and sauna but no yoga studio, garden, or wine storage. The subject's combination of aquatic wellness, dedicated yoga space, and private wine storage—paired with a full-service concierge—targets affluent professional households and small families in South Midtown who prioritize resort-style daily living and entertaining infrastructure over the compact, meeting-room-centric profiles of the older St Clair Avenue competitors.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Forest Hill Private Residences.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Dining Room & Kitchen
  • BBQ Area
  • Garden & Courtyard
  • Private Wine Storage

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Forest Hill Private Residences.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.