Toronto · Ward 12 · PRIVATE
587 Avenue Rd
Toronto, Ontario · postal area M4V · Yonge-St.Clair
22 units · 3 storeys · built 1956 · managed by HOLLYBURN PROPERTIES
LTB orders, Jan–June 2026
2Rent control
Likely rent-controlledFire code
no violations in Toronto Fire's high-rise inspection recordsInvestment (5 yrs)
no permits on file since Aug 2021Property standards
4Building facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · Yonge-St.Clair
What rents cost here · Toronto North zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,701 | $1,564 |
| 1-bedroom | $2,016 | $1,888 |
| 2-bedroom | $2,677 | $2,468 |
| 3-bedroom+ | — | $2,968 |
The gap is what moving costs: a vacant 2-bedroom rents about 8% above what sitting tenants pay. Only 10.7% of units changed tenants in the year to the survey. Vacancy rate: 3.3%. Across the City of Toronto, average rents rose 3% over the year (same-structure sample). CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 12
Bus routes: 13
Streetcars: 512
24-hour night routes: 312
Nearest subway: St Clair Station · 778 m
Nearest intersection: Avenue & Heath · 85 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 46.2%
Renters in subsidized housing: 1.3%
Median household income: $94,000
Average household: 1.8 people
Median age: 44.8
Homes in 5+ storey buildings: 63.1%
Moved in the past year: 17.4%
Residents: 15,507
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Brown Community Centre 502 m · Hillcrest Community Centre 1.6 km
Libraries: Deer Park 778 m · Wychwood 1.5 km
Schools nearby
Distances from this buildingMiddle: Deer Park Jr & Sr Public School · 842 m
Secondary (high school): Forest Hill Collegiate Institute · 2.2 km
Catholic elementary: Holy Rosary Catholic Elementary School · 1.1 km
Catholic secondary: Marshall Mcluhan Catholic Secondary School · 2.1 km
Score history
| Evaluation | Score |
|---|---|
| Jul 4, 2024 | 88 |
| Jul 10, 2026 | 85 |
Landlord and Tenant Board orders
How to read these orders and codes →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-L-103077-25 | L1 eviction application for rent arrears | Mar 5, 2026 | |
| LTB-L-079452-25 | L1 eviction application for rent arrears | Jan 5, 2026 |
Final orders published by Tribunals Ontario (Jan–June 2026 release). An order records the outcome of an application; a high count of L1 (arrears) filings reflects filing activity, not the state of the building. Orders with confidentiality directives are excluded at source.