$1,600/mo - 725 Deveron Crescent Unit 101, London South
Condo for Rent in London South
Neighbourhood: South T
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- MLS Number
- X13870174
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London South
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Real Broker Ontario Ltd.
Welcome to Unit 101 at 725 Deveron Crescent, located in London's Pond Mills area just south of Commissioners Road East. This bright 1-bedroom condo offers comfortable, low-maintenance living with updated flooring throughout, a functional kitchen with plenty of cabinet and counter space, a spacious living and dining area, and a generously sized bedroom with ample storage. The location adds plenty of everyday convenience, with Shoppers Drug Mart, Food Basics/Pond Mills Centre, M&M Food Market and the London Public Library's Pond Mills Branch all just a short distance away, along with nearby restaurants, banking, public transit, schools and parks. Zolo With neutral finishes, a practical layout and easy access to shopping and amenities, this is a great opportunity for first-time buyers, downsizers or investors looking for an affordable place to call home in London.
Discover South T
South T 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 South T
- •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
South T 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.
725 Deveron Crescent Unit 101, 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 $1,600/mo, this is priced below the typical 1-bedroom rent of ~$2,300/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 17 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About South T
I know South T 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.