Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
London, East L, N6B 3G8
$1,700$000000
Listed by CENTURY 21 FIRST CANADIAN CORP.
ATTENTION STUDENTS! 8 Month lease starting September 1! Introducing this charming rental property located at 116 Adelaide St N, London, Ontario! This main floor unit is perfectly situated in the bustling Soho district. This apartment offers two well-sized bedrooms and two bathrooms plus a finished basement, including laundry, ideal for small families or students seeking both comfort and convenience. With an unbeatable location, the property offers ample parking. Additionally, tenants will benefit from a convenient public transit stop right in front of the property, making commuting a breeze.Residents can enjoy the vibrant surroundings without sacrificing privacy, thanks to the nice, private yard. One of the standout features of this location is its proximity to Fanshawe College - Downtown Campus, Fanshawe College Main Campus and Western University, putting educational opportunities, shopping, and dining right at your doorstep. Experience the convenience of urban living combined with the comforts of a private and well-equipped residence. **Lease term is 8 months and tenant must be prepared to vacate with 60 days notice at the end of the term as buildings will be torn down and redeveloped**
When both units are fully tenanted Utilities will be split 60% Lower/40% Upper Unit
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The graph below compares the average list price and average lease price of homes in this neighborhood by month for the last 24 months. When average lease price is greater than average list price, this may suggest a renter's market. When average lease price is lower than the average list price this may suggest a landlord's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a renter's market, the green area may indicate a balanced market and the red area may indicate a landlord's market.