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Neighbourhood in London

Homes for rent in South Y

family-friendly suburban community-focused

South Y is a vibrant neighbourhood in London, Ontario. It offers a mix of residential options and amenities for families and individuals.

Median home price: $442,000 Median rent: $2,448 Good schools with an average rating of 3.8 Many parks and playgrounds available Diverse community with 33.3% immigrants

At a glance

Photo of 875 Southdale Road E

875 Southdale Road E

London (South Y)

For Rent
Listed for:

Listed 8 days ago

$2,200monthly
  • 3Bedrooms
  • 2Bathrooms
  • 1Parking
  • 0~499Sq.Ft.

Condo TownhouseFor Rent

Photo of Unit 182, 700 Osgoode Drive

Unit 182, 700 Osgoode Drive

London (South Y)

For Rent
Listed for:

Listed 22 days ago

$2,395monthly
  • 3Bedrooms
  • 2Bathrooms
  • 2Parking
  • 1.2K~1.4KSq.Ft.

Condo TownhouseFor Rent

Photo of 54 Bexhill Drive

54 Bexhill Drive

London (South Y)

For Rent
Listed for:

Listed 28 days ago

$2,600monthly
  • 4Bedrooms
  • 2Bathrooms
  • 1Garage
  • 1.5K~2KSq.Ft.

DetachedFor Rent

Photo of Unit 12, 669 Osgoode Drive

Unit 12, 669 Osgoode Drive

London (South Y)

For Rent
Listed for:

Listed 29 days ago

$2,650monthly
  • 3Bedrooms
  • 2Bathrooms
  • 2Parking
  • 1.2K~1.4KSq.Ft.

Condo TownhouseFor Rent

Photo of Upper 758 Bradley Avenue

Upper 758 Bradley Avenue

London (South Y)

For Rent
Listed for:

Listed Sep 24, 2026

$650monthly
  • 1Bedroom
  • 1Bathroom
  • 0Garage
  • <700Sq.Ft.

DetachedFor Rent

Photo of 67 Breckenridge Crescent S

67 Breckenridge Crescent S

London (South Y)

For Rent
Listed for:

Listed Sep 3, 2026

$2,500monthly
  • 3Bedrooms
  • 3Bathrooms
  • 0Garage
  • 1.1K~1.5KSq.Ft.

Semi-DetachedFor Rent

Day to dayLivability

3.8

Schools near listings

out of 10 · averaged over 422 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

$442,000

26% below London 37% below Ontario

In South Y

$442,000

In London

$599,900

In Ontario

$704,900

Median monthly rent

$2,448/mo

11% above London 2% below Ontario

In South Y

$2,448

In London

$2,200

In Ontario

$2,500

≈ 15 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

22

Median $442,000

Houses 13 · Condos 9

For rent

6

Median $2,448

Condos 3 · Houses 3

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-28. 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 median
  • Strong community with many families
  • Access to good schools and parks

Keep in mind

  • Higher unemployment rate at 16%
  • Limited public transit options
  • Median rent above city average

The feel of the placeLifestyle

Daily life in South Y is family-oriented with access to parks and schools. Residents enjoy a suburban feel with local amenities.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

10.5 km²

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

13

Parks

20

Playgrounds

5

Grocery stores

27

Restaurants

10

Cafés

6

Gyms

1

Libraries

6

Pharmacies

Counted across all 10.5 km² of South Y. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

4.2/10

Average rating of the 9 rated schools in this area

8

Elementary

1

Secondary

  • St Anthony Catholic French Immersion School

    Catholic · Grades JK–8 · London District Catholic School Board

    6.0/105.2 over 5 yrs

    1,590th of 3,045 Ontario elementary schools

    460 students · EQAO 2024-2025

  • Sir Wilfrid Laurier Secondary School

    Public · Grades 9–12 · Thames Valley DSB

    5.3/105.1 over 5 yrs

    513th of 742 Ontario secondary schools

    1,145 students · EQAO 2024-2025

  • Sir Arthur Carty Separate School

    Catholic · Grades JK–8 · London District Catholic School Board

    4.9/104.1 over 5 yrs

    2,233rd of 3,045 Ontario elementary schools

    620 students · EQAO 2024-2025

  • St Francis School

    Catholic · Grades JK–8 · London District Catholic School Board

    4.9/104.7 over 5 yrs

    2,233rd of 3,045 Ontario elementary schools

    545 students · EQAO 2024-2025

  • White Oaks Public School

    Public · Grades JK–8 · Thames Valley DSB

    4.4/104.0 over 5 yrs

    2,432nd of 3,045 Ontario elementary schools

    940 students · EQAO 2024-2025

  • Rick Hansen Public School

    Public · Grades JK–8 · Thames Valley DSB

    4.2/105.1 over 5 yrs

    2,505th of 3,045 Ontario elementary schools

    455 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South Y, 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

25,986

Population (2021)

14.9 km²

Area

1,745

People per km²

37.9

Median age

$77,516

Median income

69%

Own their home

2.8

People per household

9,555

Households

Every age

  • Children (under 15)19.7%
  • Working age (15–64)64.6%
  • Seniors (65+)15.7%

What is built here

  • Detached houses45.3%
  • Semi-detached10.4%
  • Townhouses20.5%
  • Low-rise apartments7.7%
  • High-rise apartments15.3%

Own or rent

69%Owners

31%Renters

Across 9,555 households

When it was built

Mostly 1961–1980

  • 1960 or earlier6%
  • 1961–198056%
  • 1981–199025%
  • 1991–200010%
  • 2001–20051%
  • 2006–20101%
  • 2011–20151%
  • 2016–20210%

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.

33.3%
Born outside Canada
13.8%
Hold a degree or higher
47.9%
Employment rate
4.8%
Commute by transit
88.2%
Commute by car
2
Children per family
$70,321
Median income after tax
$85,034
Average household income
16.5%
Living on a low income
$1,323/mo
Renters pay, per month
$1,093/mo
Owners pay, per month
$404,733
Median home value at census
28.7%
Renters spending 30%+ of income on housing
13.2%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 39 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 Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in South Y actually rent for

14 homes were leased in South Y over the 12 months to September 2026. Half leased above $2,349 and half below, 5.3% lower than the 12 months before. A typical home found its tenant in 40 days — 7 days slower than a year ago.

Median rent
$2,349
-5.3% year over year
Days to lease
40
7 days slower
Leases closed
14
last 12 months
Rent per square foot
$1.97/mo
from 14 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 home here differs from the next.

What renters actually paid

$2,968/mo

on a $3,000 asking rent — under ask by $32

−10%Asking rent+10%
Of the asking rent
98.9%
Leased over asking
7.1%

From 14 leases that closed here in the last 12 months.

Rent or buy in South Y

17.2 years

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

Median sold price

$485,770

87 sales

Median rent

$2,349/mo

14 leases

Gross rental yield

5.8%

before costs

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

Every month behind these charts — South Y, rentals
Monthly closed leases in South Y
MonthClosedMedianMiddle halfDays% of ask
Aug 20261 Not enough leases this month to report a median
Jul 20261 Not enough leases this month to report a median
Jun 20261 Not enough leases this month to report a median
May 20262 Not enough leases this month to report a median
Apr 20261 Not enough leases this month to report a median
Feb 20262 Not enough leases this month to report a median
Jan 20261 Not enough leases this month to report a median
Dec 20251 Not enough leases this month to report a median
Nov 20252 Not enough leases this month to report a median
Oct 20252 Not enough leases this month to report a median
Sep 20253 Not enough leases this month to report a median
Aug 20252 Not enough leases this month to report a median
Jul 20252 Not enough leases this month to report a median
Jun 20251 Not enough leases this month to report a median
May 20251 Not enough leases this month to report a median
Apr 20251 Not enough leases this month to report a median
Mar 20253 Not enough leases this month to report a median
Feb 20251 Not enough leases this month to report a median
Jan 20251 Not enough leases this month to report a median
Nov 20242 Not enough leases this month to report a median
Oct 20241 Not enough leases this month to report a median
Sep 20242 Not enough leases this month to report a median
Aug 20242 Not enough leases this month to report a median
Jul 20242 Not enough leases this month to report a median
May 20241 Not enough leases this month to report a median
Mar 20242 Not enough leases this month to report a median

26 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about South Y

How much does a home cost in South Y?

Homes in South Y sold for a median of $485,770 over the 12 months to September 2026, across 87 closed sales — half sold for more and half for less. That is 6.2% lower than the 12 months before it.

How long does it take to sell a home in South Y?

A home in South Y took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 96.8% of the asking price on average, with 4.6% selling over asking.

How much is rent in South Y?

The median lease in South Y closed at $2,349 a month over the 12 months to September 2026, across 14 leases.

Is it cheaper to rent or buy in South Y?

A home in South Y costs about 17.2 years of the rent on one — the median price of $485,770 against a median rent of $2,349 a month, a gross yield of 5.80%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in South Y?

Over the 12 months to September 2026 the mix in South Y was detached (47.1% of sales, median $548,439) and condo town (11.5% of sales, median $380,500).

Compiled by HOMEH from leases reported closed in South Y 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 home. Not an appraisal or an opinion of value.

Condos in South Y

A condo here is its own market

12 condo townhouses are on the market in South Y right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Condo townhouses are a separate market again: 10 closed here at a median of $380,500.

0condo apartments for sale 0condo apartments for rent