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There are currently 2 for rent bungalow listings in South I, London South, Ontario with an average price of $1,272 CAD.

Listings:
2
Avg. Price:
$1,272
Map View
31 Adelaide Street S LOWER, London South, ON N5Z 3K1 - Property 1
FOR LEASE
$1,095/mo
31 Adelaide Street S Lower, London South
2 bed • 1 bath • 2 parking
81 Josephine Street 2, London South, ON N5Z 3P4 - Property 1
FOR LEASE
$1,449/mo
81 Josephine Street 2, London South
2 bed • 1 bath • 1 parking

Bungalow Rental Market Dynamics in South I, London South

The bungalow rental market in South I, London South currently features 2 verified single-storey lease listings on the MLS®. Offering tenants private fenced yards, multi-car driveways, and expansive single-level living without condo maintenance fees, detached bungalows in South I, London South provide exceptional comfort and privacy.

Prospective tenants in South I, London South can choose from traditional detached brick bungalows, raised bungalows with bright above-grade lower levels, and modern bungalofts featuring main-floor primary suites.

Average Prices by Bedroom in South I, London South

BedroomsAvg. PriceActive Listings
2 Beds$1,2722

South I, London South Bungalow Pricing: Entry, Benchmark & Luxury Tiers

Understanding current rental rates in South I, London South is essential for competitive lease applications. Active MLS® inventory shows entry-level bungalow rentals starting at $1K, while renovated full-home properties and executive bungalows lease for up to $1K. The average bungalow rental in South I, London South currently commands approximately $1K per month.

Because land value represents the overwhelming majority of a bungalow's total equity in South I, single-storey homes consistently demonstrate resilient price appreciation and strong downside protection across all real estate cycles.

Secondary Suites, ADUs & Investment Potential in South I, London South

Under Ontario's More Homes Built Faster Act (Bill 23) and local municipal zoning guidelines in South I, detached bungalows offer superior multi-unit development potential. With full-footprint basements and dedicated side or rear entrances, many bungalows in South I, London South can readily accommodate legal secondary dwelling units, multi-generational in-law suites, or detached additional residential units (garden suites).

This dual-income capability provides substantial rental cash flow to offset mortgage costs, making bungalows in South I, London South exceptionally attractive to savvy real estate investors and extended families looking for private, independent living arrangements under one roof.

Accessibility, Aging-in-Place & Downsizer Demand in South I, London South

With stair-free primary living, main-floor laundry, and seamless indoor-outdoor transitions, bungalows in South I, London South deliver unparalleled convenience for downsizers and retirees prioritizing accessible, single-level living. Combined with established neighbourhood amenities, proximity to GO transit corridors, top-rated school catchments, and lakefront or ravine conservation areas, purchasing a bungalow in South I, London South represents a secure lifestyle and real estate investment.

Frequently Asked Questions

Everything you need to know about bungalows in South I, London South.

The average monthly lease price for a bungalow in South I is currently $1K, based on real-time MLS® market inventory. Individual values vary depending on lot frontage and depth, interior renovations, and whether the lower level is finished with a legal separate-entrance suite.