
5 bd · 2 ba · 700-1100 sq ft
1238 York Street, London East, ON N5W 2V2
London East · Detached
Listed 5 days ago
Browse 10 5 bedroom homes for rent across London, Ontario, with recent lease prices by bedroom.

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London has 10 5 bedroom homes listed for rent and a median lease of $2,400/month over the last 90 days, from the MLS®.
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The newest MLS® listings, freshest first.

5 bd · 2 ba · 700-1100 sq ft
1238 York Street, London East, ON N5W 2V2
London East · Detached
Listed 5 days ago

5 bd · 5 ba · 3500-5000 sq ft
147 Princeton Terrace, London South, ON N6K 0L5
London South · Detached
Listed 13 days ago

5 bd · 2 ba · 1500-2000 sq ft
191 Walmer Grove N, London North, ON N6G 4G8
London North · Detached
Listed 20 days ago

5 bd · 2 ba · 2500-3000 sq ft
1500 Blackwell Boulevard, London North, ON N5X 0E5
London North · Detached
Listed 28 days ago

5 bd · 3 ba · 1500-2000 sq ft
10 Lisa Court, London East, ON N5Z 5B3
London East · Detached
Listed 42 days ago

5 bd · 2 ba · 2000-2500 sq ft
467 Commissioners Road E B, London South, ON N6C 2T6
London South · Detached
Listed 48 days ago

5 bd · 4 ba · 2500-3000 sq ft
2023 JUBILEE Drive Upper Unit, London North, ON N6G 0H7
London North · Detached
−8.6% from $3,500 · Listed 54 days ago

5 bd · 2 ba · 1500-2000 sq ft
303 Pall Mall Street, London East, ON N6B 2G8
London East · Detached
Listed 62 days ago

5 bd · 3 ba · 2000-2500 sq ft
1988 River Road, London East, ON N5W 6C2
London East · Detached
Listed 63 days ago

5 bd · 2 ba · 700-1100 sq ft
235 Bernard Avenue Lower level, London East, ON M2K 1Z4
C15 · Detached
Listed 87 days ago
Closed MLS® leases in London over the last 90 days — the monthly rent tenants actually agreed to, not asking rents. Figures from fewer than 5 leases are withheld.
| Bedrooms | Median rent | Average rent | Leases |
|---|---|---|---|
| 1 bedroom | $1,399/mo | $1,402/mo | 54 |
| 2 bedrooms | $1,860/mo | $1,878/mo | 78 |
| 3 bedrooms | $2,550/mo | $2,541/mo | 158 |
| 4+ bedrooms | $3,125/mo | $3,104/mo | 92 |
| All bedrooms | $2,400/mo | $2,361/mo | 389 |
Active MLS® rental listings per monthly-rent band.
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Same-province markets within driving distance — useful when you're flexible on commute.
London has 2,486 homes listed for sale on the MLS® right now. The largest groups are detached houses (1,279), townhouses (424), condos (231) and multi-family homes (104). Another 1,072 homes are listed for rent.
Over the last 90 days, 1,800 homes sold in London at a median price of $559,950, after an average of 39 days on the market. Over the last six months, average sold prices were: detached houses $696,090, semi-detached houses $449,527, townhouses $464,762, condos $331,927 and multi-family homes $620,801.
At the current pace of sales, London's active listings would take about 4.1 months to sell — roughly balanced between buyers and sellers. Summitly's market gauge reads: London is a balanced market.
The nearest markets Summitly covers are Woodstock (44 km), Waterloo (79 km) and Kitchener (80 km).
Looking for a licensed agent? Compare London real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.
The rules that apply to most residential tenancies in Ontario, from the province and the Landlord and Tenant Board.
Leases in London closed at a median of $2,400/month over the last 90 days — the table above breaks that down by bedroom count.
Landlords in Ontario may ask for rental history, credit references, a credit check and income information when you apply.
Most private residential landlords must use the province's standard lease. If you ask for it in writing and don't get it within 21 days, you can withhold one month's rent.
A rent deposit can be no more than one month's rent and can only be used for your last month. A refundable key deposit is allowed; damage and pet deposits are not.
Rent can go up once every 12 months with 90 days' written notice. To move out of a monthly tenancy you give at least 60 days' notice (Form N9) ending on the last day of a rental period.
Answered with this page's lease data and Ontario's tenancy rules.
10 5 bedroom homes are listed for rent on the MLS® in London.
Over the last 90 days in London, 5-bedroom rentals leased at a median of $3,125/month across 92 leases. Median rent by bedroom count: 1 bedroom $1,399/month, 2 bedrooms $1,860/month, 3 bedrooms $2,550/month and 4+ bedrooms $3,125/month.
A rent deposit can be no more than one month's rent (one week's if you pay weekly) and can only be used as rent for your last month. The landlord must pay you interest on it every year at the rent-increase guideline rate. A refundable key deposit is allowed; damage and pet deposits are not.
Landlords of most private residential rental units must use the standard lease for new tenancies. If you ask for it in writing and don't receive it within 21 days, you can withhold one month's rent.
The 2026 rent-increase guideline in Ontario is 2.1%. Rent can rise once every 12 months, with at least 90 days' written notice. Units first occupied for residential use after November 15, 2018 are exempt from the guideline, but the 12-month and 90-day rules still apply.
N-forms are Landlord and Tenant Board notices: N4 for unpaid rent, N12 when the landlord or a purchaser needs the unit, N13 for demolition, conversion or major repairs, and N5 for damage or interference. A notice does not end the tenancy by itself — only the Board can order an eviction, and only the Sheriff can enforce it.
With at least 24 hours' written notice, between 8 a.m. and 8 p.m., for reasons such as repairs, inspections or showing the unit to a buyer. Emergencies are the exception.
Give your landlord at least 60 days' written notice using Form N9. The move-out date must be the last day of a rental period, or the end of your lease term if you have a fixed-term lease.
Coldwell Banker Summit Realty, Brokerage
Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in London, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.
Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.
Ready to make a move in London?
Estimate what you can afford, talk to a licensed mortgage advisor about pre-approval, or ask Zara for a personal affordability snapshot.
231 leased in the last 30 days. Leased prices need a free account (TRREB rules).
Leased price: free account
4 bd · 2 ba · Detached
587 Freeport Street
London North
Leased price: free account
Studio · 1 ba · Detached
2004 Evans Boulevard LOWER
London South
Leased price: free account
3 bd · 2 ba · Condo Townhouse
1960 Dalmagarry Road 60
London North
Leased price: free account
3 bd · 2 ba · Condo Townhouse
505 Blue Jay Drive 25
London