$1,775/mo - 378 GREY Street Unit Lower, London East
Detached for Rent in London East
105 days on market- MLS Number
- X12853526
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- TEAM GLASSER REAL ESTATE BROKERAGE INC.
Includes Heat, AC, Internet and use of backyard and fire pit! Enjoy comfortable living in this brand new 2-bedroom, 1-bathroom lower level suite, thoughtfully designed for privacy and everyday convenience. This fully self-contained unit features a private entrance, its own heating and cooling controls, and modern finishes throughout. Inside, you'll find stylish vinyl plank flooring, a beautiful new kitchen with brand new appliances, and the convenience of in-suite laundry with washer and dryer. Added soundproofing provides extra comfort and privacy between units. Step outside and take advantage of the large shared backyard - perfect for relaxing or unwinding around the firepit on warm summer evenings. Tenants are responsible for hydro/water. One parking space is included, and there is nearby public parking available for guests. Ideally located just minutes from downtown and the charming shops, cafés, and restaurants, as well as parks, grocery stores, and local amenities. A wonderful place to call home for those looking for both comfort and convenience.
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
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.
378 GREY Street Unit Lower, London East
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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 $1,775/mo, this is priced below the typical 2-bedroom rent of ~$2,900/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 105 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.
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.