$1,500/mo - 2062 Cherrywood Trail Unit Basement Apt, London North
Detached for Rent in London North
41 days on market- MLS Number
- X13107220
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London North
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Located in prestigious Hyde Park, this apartment is near Western University while also being conveniently situated to bypass the London core traffic while exiting London to nearby towns and cities. This is a 1 bed 1 bath basement in a recently built house, fully furnished with a queen bed, 10 inch memory gel foam mattress for your comfort, desk, chair, dining furniture, kitchenette appliances and a powerful exhaust that will suck the air out of the unit very quickly. Share recently purchased laundry appliances on the main floor with a few upstairs tenants, these are free and available to use. Don't worry about setting up and paying for increasing utilities, as we take care of it. We provide you with a modern accommodation, great maintenance and are attentive to tenant needs. This is a large apartment not a small bachelor size unit. We go above and beyond the norm to provide you with biweekly cleaning and lawn services to prevent pests and mold, and to support you with great hygiene so you can focus on what matters. Experience a luxurious, quality lifestyle in a grand, spacious house, enjoying all furnishings and utilities including wifi internet, and bi-weekly cleaning and lawn services! Rent here or at our other locations if you want a top five star property, a quality living experience and great value for your dollar!
Discover London North
London North is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London North
- •Convenient location in London North
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London North offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2062 Cherrywood Trail Unit Basement Apt, London North
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,500/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in London North. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in London North are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.