Avenue is an underground light rail transit (LRT) station under construction on Line 5 Eglinton, a new line that is part of the Toronto subway system. The station is located in North Toronto on Eglinton Avenue between Avenue Road and Highbourne Road. It is the deepest underground station on the line. Destinations include the Chaplin Estates neighbourhood, Marshall McLuhan Catholic Secondary School, the Eglinton Theatre, and Eglinton Park. The station is scheduled to open in 2024.

Line 5 Eglinton is a light rail line that is under construction in Toronto, Ontario, Canada. Owned by Metrolinx and operated by the Toronto Transit Commission (TTC), the line will be part of the Toronto subway system as its fifth route. The first phase of the 19-kilometre (12 mi) line will include 25 stops along Eglinton Avenue, from Mount Dennis station mostly underground to Laird station, after which it will run predominantly at-grade within the street's median to Kennedy station, where it will connect underground with Line 2 Bloor–Danforth. The second phase, a 9.2-kilometre (5.7 mi) westward extension from Mount Dennis, will run mostly underground or elevated to Renforth station, with seven new stations.