$1,875/mo - 53 Mcclary Avenue Unit 5, London South
Detached for Rent in London South
- MLS Number
- X13225016
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 1
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London South
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Rare opportunity to lease one of London's most affordable 4-bedroom apartments! Located in a charming converted heritage home, this spacious carpet-free unit offers exceptional value at just $1,875/month. Perfect for students, young professionals, or roommates looking to maximize space without sacrificing convenience. Rent includes high-speed internet, heat, water, free in-suite laundry, and two parking spaces-providing significant monthly savings and hassle-free living. The unit features a functional layout with plenty of room for studying, working from home, or entertaining.Ideally situated in London's vibrant Old South neighbourhood, you'll enjoy easy access to public transit, grocery stores, restaurants, cafés, parks, and everyday amenities. The property is just minutes from downtown London, Victoria Hospital, and offers convenient access to both Western University and Fanshawe College via transit routes. Whether you're attending school, commuting to work, or simply looking for a central location, 53 McClary Avenue puts everything you need within easy reach. Affordable 4-bedroom rentals are hard to find-don't miss your chance to secure this unique and budget-friendly home in one of London's most established neighbourhoods.
Discover London South
London South 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 South
- •Convenient location in London South
- •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 South 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.
53 Mcclary Avenue Unit 5, London South
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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 $1,875/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in London South. 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 18 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 South 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London South. Good resale value as demand remains consistent.
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.