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December 2025 · London North
Average Rent in London North — December 2025
42 confirmed residential leases in London North in December 2025. Average rent $2,646/month. Mixed conditions across property types.
Avg Lease Price $2,646/mo
Median Lease $2,675/mo
Avg Asking $2,661/mo
Lease / Ask 99.4%
Leased Over Asking 11.9%
Avg DOM 60 days
Total Leased
42
all residential
Avg Lease Price
$2,646
per month
Median Lease
$2,675
mid-point
Lease / Ask
99.4%
avg ratio
Over Asking
11.9%
of all leases
Avg DOM
60
days on market
Lease Prices by Property Type
London North · December 2025
💰 Lease Price Summary
Average Lease $2,646/mo
Median Lease $2,675/mo
Avg Asking Rent $2,661/mo
Lowest Lease $1,450
Highest Lease $4,000
Lease / Ask Ratio 99.4%
📊 Market Activity
Leased over asking 11.9%
Leased at asking 54.8%
Leased under asking 33.3%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 11.9% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $2,484/mo
Median Lease $2,488/mo
Avg Asking Rent $2,518/mo
Lowest Lease $1,900
Highest Lease $3,950
Lease / Ask Ratio 98.6%
📊 Market Activity
Leased over asking 5.6%
Leased at asking 61.1%
Leased under asking 33.3%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 5.6% over vs 33.3% under asking.
💰 Lease Price Summary
Average Lease $2,770/mo
Median Lease $2,900/mo
Avg Asking Rent $2,779/mo
Lowest Lease $1,450
Highest Lease $4,000
Lease / Ask Ratio 99.7%
📊 Market Activity
Leased over asking 13.0%
Leased at asking 52.2%
Leased under asking 34.8%
Avg Days on Market 60 days
Fast · 050Slow · 100+
⚖️ Balanced — 13% over vs 34.8% under asking.
💰 Lease Price Summary
Average Lease $2,552/mo
Median Lease $2,525/mo
Avg Asking Rent $2,556/mo
Lowest Lease $2,295
Highest Lease $2,795
Lease / Ask Ratio 99.8%
📊 Market Activity
Leased over asking 10.0%
Leased at asking 70.0%
Leased under asking 20.0%
Avg Days on Market 52 days
Fast · 050Slow · 100+
⚖️ Balanced — 10% over vs 20% under asking.
🏗
No multi-unit data for December 2025
Not enough multi-unit lease transactions in
London North this month to generate a summary.
Popular Ontario Cities · December 2025
Top Ontario cities by lease volume — avg confirmed rent across all residential types
| City | Avg Lease | Median | Lease / Ask | DOM | Market |
|---|---|---|---|---|---|
| Toronto | $2,708 | $2,500 | 99.2% | 44d | ⚖️ Balanced |
| Mississauga | $2,641 | $2,500 | 99.1% | 41d | ⚖️ Balanced |
| Vaughan | $2,690 | $2,450 | 98.5% | 41d | ⚖️ Balanced |
| Ottawa | $2,628 | $2,550 | 99.8% | 52d | ⚖️ Balanced |
| Oakville | $3,047 | $2,800 | 98.5% | 46d | ⚖️ Balanced |
| Markham | $2,852 | $2,775 | 98.5% | 48d | ⚖️ Balanced |
| Brampton | $2,637 | $2,700 | 99.2% | 45d | ⚖️ Balanced |
| Richmond Hill | $3,001 | $2,950 | 99.0% | 44d | ⚖️ Balanced |
Frequently Asked Questions
London North · December 2025
The average confirmed lease in London North was $2,646/month in December 2025,
based on 42 MLS® transactions. The median was
$2,675/month.
Condos averaged $2,484/mo, freehold averaged $2,770/mo, and townhouses averaged $2,552/mo.
Units in London North took an average of 60 days to lease in December 2025.
Freehold rentals averaged 60 days while condos averaged 60 days.
In December 2025, condos averaged $2,484/month while freehold rentals averaged $2,770/month —
a difference of $286/month.
London North averaged $2,646/month in December 2025. Vaughan averaged $2,690/mo. Mississauga averaged $2,641/mo. See the full December 2025 Ontario lease summary →
Looking to rent in London North?
Browse available rentals or connect with a local agent who knows the rental market.
Data note: Based on MLS® confirmed lease transaction data held in our system for London North, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making tenancy decisions.
