$1,495/mo - 1514 Drew Street Unit Lower, London East
Detached for Rent in London East
Neighbourhood: East D
- MLS Number
- X13471992
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THRIVE REALTY GROUP INC.
Available July 1st or later, this brand-new, never-lived-in legal 1-bedroom, 1-bathroom lower-level apartment is located in a desirable, family-friendly neighbourhood in northeast London. Ideal for professionals, students, or anyone looking for a comfortable and modern home, the unit features a stylish kitchen with brand-new appliances, private in-suite laundry, a separate entrance, 1 dedicated driveway parking space, and a custom accent wall with a built-in TV mount. Conveniently located just 15 minutes from both Western University and Fanshawe College, you'll also be within walking distance of Food Basics, pharmacies, restaurants, shopping, and other everyday amenities. Enjoy nearby parks, schools, and scenic river trails. Rent is $1,495 per month plus 30% of utilities. Don't miss this clean, modern legal basement rental in one of northeast London's most sought-after neighbourhoods.
Discover East D
East D 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 East D
- •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
East D 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.
1514 Drew 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 $1,495/mo, this is priced below the typical 1-bedroom rent of ~$2,300/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.
Market Position
At 16 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 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.
About East D
I know East D well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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.