$1,400/mo - 711 Algoma Avenue Unit Lower unit, London North
Detached for Rent in London North
142 days on market- MLS Number
- X12559364
- Property Type
- Detached
- Status
- active
- Days on Site
- 142
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London North
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
This newly renovated 2-bedroom lower unit in a charming side-split home is located on a mature, tree-lined street in the heart of North London's highly sought-after Northridge community. It is one of the most affordable rental options in this desirable area, known for its welcoming atmosphere and excellent amenities. The unit features two spacious bedrooms with large, bright windows, plus a family room that can serve as a third bedroom. It includes two bathrooms (3PC and 2PC), fresh neutral-tone paint, a brand-new kitchen, and a newly updated bathroom. The generous front and back yards offer plenty of space for gardening or outdoor enjoyment. A single driveway is included for parking. Families will appreciate the top-rated school district, including A.B. Lucas Secondary School, Mother Teresa Catholic Secondary School, and Northridge Public School. The location is also highly convenient to Western University and Fanshawe College. Please note: the upper unit is occupied by a professional family. This rental is for the lower unit only, and utilities plus internet will be shared equally among all occupants. The landlord is seeking a long-term tenant with stable income and good credit. Renovations are currently underway and are expected to be completed by the early of January.
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.
711 Algoma Avenue Unit Lower unit, 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 $1,400/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 142 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.
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.