Forest Hills North — Rental Market Data

Forest Hills North features 1 active listing as of August 31, 2026, with an asking price of $3,200 per month, an average rent of $3,200 per month, and a median rent of $3,200 per month. The sole active listing spans 1,300 square feet at an asking rate of $2.46 per square foot, entirely concentrated in 2-bedroom layouts representing 100% of current inventory. Current listings lean toward spacious multi-bedroom configurations rather than compact entry-level footprints.

The dominant active layout at Forest Hills North is the 2-Bedroom tier, accounting for 1 active listing and a 100% inventory share. This single active 2-Bedroom listing averages $3,200 per month across 1,300 square feet at an asking rate of $2.46 per square foot. All other layout tiers currently record zero units available on the market.

Forest Hills North exhibits a minimum entry rent of $3,200 per month and a peak asking rent of $3,200 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent stands at $3,200 per month. The single entry-level and peak suite is a 2-Bedroom layout offering 1,300 square feet at an asking rate of $2.46 per square foot.

Active den premium data for Forest Hills North is currently unquantified, with active den premium dollars and square footage deltas recorded as null. Marginal costs for extra den space cannot be isolated from current listings. Furthermore, active parking premiums cannot be reliably isolated due to an insufficient sample, so parking stall costs are inconclusive.

Forest Hills North asks an average of $3,200 per month and $2.46 per square foot, compared to the Thornhill submarket asking benchmarks of $2,726 per month and $3.66 per square foot. The lower nominal monthly outlay relative to submarket asking averages is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot sitting 32.8% below the submarket average across its 1 active listing representing 1.59% of submarket inventory.

Forest Hills North averages $3,450 per month in realized leasing revenue, positioning above the overall comp average of $2,621 per month when compared against benchmarks like Vista at Thornhill City Centre, Beverley at Thornhill City Centre, Royal Promenade I, and Promenade Park Towers - Building B due to its exceptionally large suite sizes. Vista at Thornhill City Centre (7 North Park Rd) reports an average lease rent of $2,612 per month at $3.32 per square foot across an average of 803 square feet. Beverley at Thornhill City Centre (15 North Park Rd) achieves an average lease rent of $2,356 per month at $3.52 per square foot across 674 square feet. Royal Promenade I (120 Promenade Circ) records an average lease rent of $3,076 per month at $2.78 per square foot across 1,110 square feet. Promenade Park Towers - Building B (50 Upper Mall Way) lists an average lease rent of $2,439 per month at $3.94 per square foot across a compact 642 square feet.

Forest Hills North establishes its value proposition by offering a lower rate of $2.74 per square foot across an average suite size of 1,260 square feet, undercutting the submarket lease benchmark of $3.58 per square foot. Renters trade away the ultra-modern aesthetic and compact layout efficiency of 2025 builds like Promenade Park Towers - Building B (which commands $3.94 per square foot across 642 square feet) in exchange for significantly larger, traditional living spaces. Compared to mid-2000s stock like Beverley at Thornhill City Centre at $3.52 per square foot across 674 square feet, Forest Hills North provides substantially more interior room without imposing a high rate per square foot burden.

Forest Hills North delivers a comprehensive recreational lifestyle featuring an outdoor pool, tennis and pickleball court, squash and racquetball court, EV charging station, and sauna and steam room. When contrasted against newer developments like Promenade Park Towers - Building B, which features contemporary additions such as a yoga studio, golf simulator, pet wash station, and dog run, Forest Hills North emphasizes traditional, active sports and wellness amenities. This established recreational lineup successfully serves families and long-term residents seeking robust on-site athletic facilities rather than micro-condo shared spaces.