$1,650/mo - 237 Homestead (Basement ) Crescent, London North
Semi-Detached for Rent in London North
73 days on market- MLS Number
- X12965448
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 73
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London North
- Listing Brokerage
- STREETCITY REALTY INC.
$1,650/Monthly , All Inclusive and Fully furnished basement Appartment with separate entrace. Located in a safe and highly sought-after area of North London, this fully furnished, modern basement unit with a separate entrance is beautifully finished and move-in ready. Featuring 1 spacious bedroom, 1 full bathroom, and a versatile landing/hallway area, along with a comfortable open-concept living space and eat-in kitchen complete with LED pot lights.This bright and functional unit is ideal for a professional seeking a clean, contemporary home. Unbeatable location: Just a 5-minute walk to Sherwood Forest Mall, offering Food Basics, Shoppers Drug Mart, Dollarama, GoodLife Fitness, a community centre with pool and gym, library, dental clinic, walk-in clinic, restaurants, and more.Only a 5-minute drive to major shopping destinations including Walmart, Costco, Masonville Mall, Cineplex, T&T Supermarket, No Frills, and all everyday amenities. All-Inclusive: Hydro, Gas, Electricity & High-Speed WiFi, Fully Furnished with 1 Parking Space Included. Just bring your clothing and enjoy a warm, cozy, and move-in ready space.
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.
237 Homestead (Basement ) Crescent, 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 $1,650/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.
Negotiation Opportunity
At 73 days on site, this property has exceeded the typical selling timeline for London North. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.