Condos for Rent in East K, London, ON

Name: HOMEH Market Pulse — East K, London closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in London

East K

community-oriented affordable family-friendly

East K is a vibrant neighbourhood in London, Ontario. It offers a mix of residential and rental options, making it suitable for many families and individuals.

Diverse housing options available Multiple schools and parks Good access to public transit Nearby restaurants and cafes Community-focused environment

Day to dayLivability

5.7

Schools near listings

out of 10 · averaged over 708 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$412,450

31% below London 42% below Ontario

In East K

$412,450

In London

$599,900

In Ontario

$714,900

Median monthly rent

$1,950/mo

11% below London 22% below Ontario

In East K

$1,950

In London

$2,200

In Ontario

$2,500

≈ 17.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $412,450

Houses 27 · Condos 15

For rent

Median $1,950

Condos 44 · Houses 35

Recently sold

Recently leased

Market data as of 2026-10-18. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable housing compared to city average
Strong community feel
Good selection of schools
Access to parks and recreation

Keep in mind

Higher renter percentage
Some areas may feel crowded
Limited public transit options

The feel of the placeLifestyle

Daily life in East K is comfortable and community-oriented, with various amenities close by. Residents enjoy a mix of urban and suburban living.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

8.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 8.1 km² of East K. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

5.8/10

Average rating of the 8 rated schools in this area

Elementary

Secondary

London Central Secondary School
Public · Grades 9–12 · Thames Valley DSB
8.7/108.8 over 5 yrs
33rd of 742 Ontario secondary schools
955 students · EQAO 2024-2025
St. John French Immersion School
Catholic · Grades JK–8 · London District Catholic School Board
7.6/107.1 over 5 yrs
516th of 3,045 Ontario elementary schools
540 students · EQAO 2024-2025
Wortley Road Public School
Public · Grades JK–8 · Thames Valley DSB
6.5/105.4 over 5 yrs
1,231st of 3,045 Ontario elementary schools
250 students · EQAO 2024-2025
Catholic Central High School
Catholic · Grades 9–12 · London District Catholic School Board
5.6/105.8 over 5 yrs
453rd of 742 Ontario secondary schools
1,310 students · EQAO 2024-2025
H B Beal Secondary School
Public · Grades 9–12 · Thames Valley DSB
5.4/104.9 over 5 yrs
497th of 742 Ontario secondary schools
1,525 students · EQAO 2024-2025
London South Collegiate Institute
Public · Grades 9–12 · Thames Valley DSB
5.3/105.9 over 5 yrs
513th of 742 Ontario secondary schools
880 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside East K, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

27,277

Population (2021)

8.0 km²

Area

3,433

People per km²

38.7

Median age

$57,466

Median income

28%

Own their home

1.8

People per household

15,425

Households

Every age

Children (under 15)9.5%
Working age (15–64)74.7%
Seniors (65+)15.9%

What is built here

Detached houses20.3%
Semi-detached2.2%
Townhouses1.5%
Duplexes6.6%
Low-rise apartments29.2%
High-rise apartments39.4%

Own or rent

28%Owners

72%Renters

Across 15,425 households

When it was built

Mostly 1960 or earlier

1960 or earlier49%
1961–198021%
1981–19909%
1991–20005%
2001–20053%
2006–20103%
2011–20154%
2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

15.5%
Born outside Canada: 32.2%
Hold a degree or higher: 55.4%
Employment rate: 11.8%
Commute by transit: 70.9%
Commute by car: 1.5
Children per family: $51,509
Median income after tax: $69,003
Average household income: 21.1%
Living on a low income: $1,039/mo
Renters pay, per month: $1,308/mo
Owners pay, per month: $445,771
Median home value at census: 38.8%
Renters spending 30%+ of income on housing: 16.3%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 43 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Thin sales history — read the monthly counts

What condos in East K actually rent for

At least 21 condos were leased in East K over the 12 months to September 2026. Half leased above $1,853 and half below, 9.5% lower than the 12 months before. A typical condo found its tenant in 33 days — 24 days quicker than a year ago.

6 of the last 12 months had at least 5 closed condos sales in East K. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.

Median rent: $1,853; -9.5% year over year
Days to lease: 33; 24 days quicker
Leases closed: 21; last 12 months
Rent per square foot: $2.39/mo; from 21 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$3,060$2,528$1,997$1,465

Mar ’25Aug ’25Sep ’25Aug ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 4.8%

From 21 leases that closed here in the last 12 months.

Rent or buy in East K

14 years

of rent, at the going rate here, adds up to what a condo here costs.

Median sold price

$312,121

33 sales

Median rent

$1,853/mo

21 leases

Gross rental yield

7.12%

before costs

Both figures come from deals that actually closed in East K over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

Median days on market, month by month. Taller means slower.

Mar 2025Aug 2026

Terracotta marks the last 12 months.

Every month behind these charts — East K, rentals

Monthly closed leases in East K
Month	Closed	Median	Middle half	Days	% of ask
Aug 2026	14	$1,680	$1,650 – $1,780	28	100.0%
Jul 2026	7	$2,200	$1,820 – $2,350	43	100.0%
Sep 2025	5	$1,980	$1,575 – $2,000	26	100.0%
Aug 2025	5	$2,750	$2,750 – $2,950	147	100.0%
Jul 2025	8	$1,800	$1,600 – $1,987	37	100.0%
Mar 2025	6	$1,850	$1,813 – $2,113	34	98.8%

What people ask about East K

How much does a condo cost in East K?

Condos in East K sold for a median of $312,121 over the 12 months to September 2026, across at least 33 closed sales — half sold for more and half for less. That is 9.3% lower than the 12 months before it.

How long does it take to sell a condo in East K?

A condo in East K took a median of 50 days on the market over the 12 months to September 2026. Condos there closed at 94.3% of the asking price on average, with 3.0% selling over asking.

How much is rent for a condo in East K?

The median condo lease in East K closed at $1,853 a month over the 12 months to September 2026, across at least 21 leases.

Is it cheaper to rent or buy a condo in East K?

A condo in East K costs about 14.0 years of the rent on one — the median price of $312,121 against a median rent of $1,853 a month, a gross yield of 7.12%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in East K on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.