130 Nicholas Crescent #BASEMENT
London South, N6E 2E9·MLS® X13413764·
Listing courtesy of Royal Lepage Triland Realty·Updated 11 hours ago
Listing price
$1,700
Est. $8/mo
Days on market
Listed Jun 8, 2026
Description
Looking for a great rental in White Oaks? 130 Nicholas Cres might be just what you're looking for! This fully renovated basement unit is vacant and move-in ready. Conveniently located close to the 401/402 and a short distance to White Oaks Mall and LHSC Victoria Hospital, this bathroom, and in-suite laundry make it a very comfortable apartment. Utilities will be split is an excellent opportunity for professionals and families alike. Two bedrooms, a full 4-piece between the Main and lower unit 55%-45% + $15/month for the hot water heater rental. There is a shared backyard and driveway that the tenants maintain. Each unit has one parking spot. Applicants will need to include a full credit check, employment letter, pay stubs, a rental application, first and last months' rent, and landlord references.
Property details
Basement
Apartment
Parking
1 spaces
Type
Duplex — Bungalow
Heating
Heat Pump
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London South, ON
Expansive southeast neighbourhood with diverse housing, numerous schools, and Wellington Road access.
Monthly payment estimate
Land transfer tax
Ontario LTT
$9
First-time rebate
−$9
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$607,000
19 Stroud Crescent, London South
See all 5 comparables
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Market conditions · South X
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$7
Rental yield
4.9%
Est. cash flow
-$253
Cap rate
3.6%
Best time to sell
Affordability
Minimum household income required
$9,748
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,654
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