303 Pall Mall Street, London East

Price: $3,500

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X12925302

Welcome to this spacious 5-bedroom yellow brick home ideally located just off Richmond Row in one of London's most sought-after rental pockets. Offering generous living space and thoughtful design, this home is perfect for young professionals or students looking for ultimate convenience in a prime location and well cared for home. The main living area features soaring ceilings, skylights that flood the space with natural light, and a cozy gas fireplace, creating a warm and inviting atmosphere for relaxing or entertaining. Spacious kitchen with large island, built in oven, dishwasher and lots of cupboard space. The home offers a functional layout with large principal rooms, multiple living areas, and well-sized bedrooms providing both privacy and shared living comfort. Lower level with additional living space and lots of room for storage. Fully fenced and private backyard with deck and 3 parking spots via rear lane way. This property is perfectly positioned close to Western University, University Hospital, Masonville Mall, and all major amenities, with easy access to transit, shopping, dining, and entertainment along Richmond Row. Whether you're a group of professionals or students seeking a high-quality rental in a prime location, this home offers the ideal balance of space, location, and lifestyle.

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$3,500/mo - 303 Pall Mall Street, London East

Detached for Rent in London East

85 days on market
5Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X12925302
Property Type
Detached
Status
active
Days on Site
85
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
London East
Listing Brokerage
KELLER WILLIAMS LIFESTYLES
Description

Welcome to this spacious 5-bedroom yellow brick home ideally located just off Richmond Row in one of London's most sought-after rental pockets. Offering generous living space and thoughtful design, this home is perfect for young professionals or students looking for ultimate convenience in a prime location and well cared for home. The main living area features soaring ceilings, skylights that flood the space with natural light, and a cozy gas fireplace, creating a warm and inviting atmosphere for relaxing or entertaining. Spacious kitchen with large island, built in oven, dishwasher and lots of cupboard space. The home offers a functional layout with large principal rooms, multiple living areas, and well-sized bedrooms providing both privacy and shared living comfort. Lower level with additional living space and lots of room for storage. Fully fenced and private backyard with deck and 3 parking spots via rear lane way. This property is perfectly positioned close to Western University, University Hospital, Masonville Mall, and all major amenities, with easy access to transit, shopping, dining, and entertainment along Richmond Row. Whether you're a group of professionals or students seeking a high-quality rental in a prime location, this home offers the ideal balance of space, location, and lifestyle.

Neighbourhood Guide: London East

Discover London East

London East 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 East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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 East 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.

70
Walk Score
Varies
Price Range

303 Pall Mall Street, London East

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,500/mo
↓ Below typical 5-bed market rent
Annual Rent Cost
$42,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,500/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$3,680/mo

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $3,500/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in London East. 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 85 days on site, this property has exceeded the typical selling timeline for London East. 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 East 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.

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.

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    MLS# X12925302 — 303 Pall Mall Street | Battaglia Team