Property Management in London, Ontario: 2026 Update

London continues to grow as a major Ontario city. Current rental market conditions and property management considerations.

Property Management in Ontario

London, Ontario is the province's fifth-largest city, with a diverse economic base anchored by Western University, Fanshawe College, London Health Sciences Centre, and a growing technology and financial services sector. This economic diversity creates a multi-layered rental market with consistent demand across sectors.

Average rents in London for a one-bedroom apartment range from $1,400–$1,900 depending on neighbourhood and building quality. Two-bedrooms range from $1,700–$2,300. London remains more affordable than GTA markets while offering significant employment and lifestyle amenities, creating a steady flow of new residents from both within Ontario and internationally.

Key Responsibilities and Best Practices

Student rental demand around Western University and Fanshawe College is a significant and consistent market segment. The Richmond Street and Springbank Drive corridors near Western, and the areas around Fanshawe's main campus, have established student rental sub-markets with specific leasing timelines and management requirements.

London's healthcare sector — anchored by London Health Sciences Centre and St. Joseph's Health Care — creates professional rental demand from medical professionals, residents, and healthcare workers. This demographic typically provides excellent tenancy outcomes — stable income, professional conduct, and care of properties.

How D&D Property Management Helps

New purpose-built rental construction in London's downtown core and along the BRT (Bus Rapid Transit) corridors is adding supply to a market that has historically been undersupplied. This new inventory creates competitive pressure for older rental stock, making property maintenance and market-rate pricing more important than ever.

D&D Property Management serves London landlords with comprehensive residential management services. Our London-specific market knowledge and established contractor network support effective management across the city's diverse neighbourhoods.

Devon Moore, Operations Lead Co-Founder & Operations Lead — D&D Property Management

Devon Moore is the co-founder and Operations Lead at D&D Property Management, managing rental properties across Kitchener-Waterloo, Cambridge, Guelph and Waterloo Region.