MoveSmart Rentals

Institutional Lease-Up · London, ON

Institutional Lease-Up in London

Full-service institutional lease-up for London landlords. We list, market, show, screen, and sign your unit, syndicated to the MLS and 20 portals, with an 18-day average from listing to lease.

MLS + 20 portals · Broad listing exposure
18-day avg placement · Listing to signed lease
Compliant screening · Documented audit trail
No tenant, no fee18-day average to lease6-month replacement guaranteeCompliant with the RTA 2006

Why it matters

What goes wrong with institutional lease-up in London alone

Institutional owners and developers bringing new London supply online face a distinct set of leasing pressures. Here are the ones we are built to solve.

  • 01

    Carrying costs on empty units

    Every week a new London building sits below stabilization, financing and operating costs run against zero rent. Slow absorption quietly erodes returns. MoveSmart manages to a weekly velocity target with an 18-day per-unit average, so units fill on a measured pace instead of waiting for organic walk-in traffic.

  • 02

    Front-loaded leasing budgets

    Retainers and upfront leasing fees add fixed cost during the riskiest part of a project, when units are still vacant. MoveSmart charges $0 upfront and earns a success fee of one month of rent only on a signed lease, so leasing spend tracks revenue coming online rather than sitting against empty floors.

  • 03

    Compliance risk multiplied at volume

    Filling many units at once multiplies exposure to the Residential Tenancies Act, 2006, standard lease requirements, and human rights screening rules. MoveSmart applies consistent lawful screening, partners with RECO-licensed brokers for regulated steps, and keeps clean per-unit documentation that holds up before the Landlord and Tenant Board.

  • 04

    Mismatching units to the wrong renters

    A studio strategy in Byron or a family-home pitch in Masonville wastes time and rent. MoveSmart maps your unit mix to London submarket demand, from Downtown one-bedrooms to Old South character homes, so each floor leases to its natural renter and pace stays high.

  • 05

    Flying blind on absorption

    Without real numbers, owners cannot forecast occupancy or catch a lagging price band before weeks of vacancy accumulate. MoveSmart reports lead volume, tours, conversion, and signed leases against your stabilization date, surfacing problems early so marketing or pricing can be adjusted in time.

Self-managed vs MoveSmart

The same vacancy, two outcomes

Same London unit, same week it goes vacant. The difference is who runs the lease-up.

Time to lease

Yourself

Weeks of solo showings and chasing replies

MoveSmart

18-day average, showings 7 days a week

List price

Yourself

Guesswork; overpricing costs a full month

MoveSmart

Priced to live comparables within 1 km

Exposure

Yourself

One or two free listing sites

MoveSmart

MLS + 20 rental portals

Screening

Yourself

A credit check and a gut feel

MoveSmart

Credit, income, employment, references, documented

The lease

Yourself

Generic template, compliance risk

MoveSmart

Ontario Standard Lease, e-signed and filed

Your cost

Yourself

$0 fee, but your time and vacancy risk

MoveSmart

One month’s rent, only when a tenant signs

If it falls through

Yourself

Start over and pay to re-list

MoveSmart

6-month replacement, no second fee

Free Tool

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Market context

Lease-up for London new construction

When a new building opens, the leasing problem changes shape. You are not replacing one departing tenant, you are filling many units inside a tight window before carrying costs erode returns. MoveSmart specializes in this exact moment. We treat your London project as a campaign with a start date, a velocity target, and a defined path to stabilization, not a passive listing.

Our model fits institutional economics. There is $0 upfront, so your lease-up budget is not front-loaded with retainers. We earn a success fee equal to one month of rent only when a unit is leased to a qualified tenant. Each placement is backed by a 6-month replacement guarantee, which protects your occupancy numbers if a tenant exits early.

We coordinate with RECO-licensed brokers in Ontario for regulated brokerage steps, so a high-volume lease-up stays compliant from the first showing to the final signature. MoveSmart handles marketing, inquiry response, screening, and tenant placement. We do not manage the asset after lease-up. That clean separation lets your operations team take over fully occupied floors instead of an empty pro forma.

A London rental staged and ready for showings — MoveSmart Rentals

What you get

How we run a London lease-up campaign

A London lease-up runs as a structured campaign, not ad hoc listings. Here is the sequence.

First, we map your unit mix, target rents, and availability calendar against current London demand by bedroom count and submarket. Studios and one-bedrooms near Downtown and the universities lease differently than three-bedroom homes in Old South or Byron, so the plan reflects that.

Second, we build the marketing engine. Professional listings go live across the platforms London renters actually use, paired with floor plans, pricing tiers, and clear availability dates. We respond to every inquiry fast, because lead response time is the single biggest driver of absorption velocity.

Third, we screen at scale. Every applicant is checked for income, credit, rental history, and references before reaching your approval queue, so you review qualified prospects only.

Fourth, we coordinate signing with RECO-licensed brokers and your team, then hand off occupancy details. Throughout, you get reporting on leads, tours, applications, and signed leases, so the campaign is measured against your velocity target the entire way through.

Leasing legally in Ontario

The rules that protect you

Every MoveSmart placement is run to Ontario law, so the lease you sign holds up and your decisions are defensible.

Residential Tenancies Act, 2006

The RTA 2006 governs most private residential tenancies in Ontario, administered by the Landlord and Tenant Board.

Ontario Standard Lease

The government Standard Lease (Form 2229E) is mandatory for most tenancies signed since April 30, 2018. We prepare it on every placement.

Human Rights Code screening

Screening follows the OHRC: no disqualifying protected grounds, no rigid 30 percent income rule, no automatic refusal for thin credit.

2026 rent increase guideline

The 2026 guideline is 2.1 percent, with at least 90 days written notice and one increase every 12 months for rent-controlled units.

Non-payment and the LTB

Unpaid rent runs through an N4 notice (now a 7-day termination period under Bill 60) to the Landlord and Tenant Board.

New market rent on vacancy

Between tenancies you may set a new market rent. We price each vacancy to the live comparable set.

Defensible & documented

Absorption, velocity, and time to stabilization

Stabilization is the number that matters to an institutional owner, and it is a function of velocity. MoveSmart manages a London lease-up to a leases-per-week pace, not a vague hope of eventual full occupancy.

Our per-unit placement averages 18 days from active marketing to signed lease. In a lease-up, the practical question is how many units we can move in parallel each week without sacrificing tenant quality. We scale showing capacity and screening throughput to match your release schedule, so a phased unit release and a single mass opening are both handled deliberately.

Velocity in London is shaped by seasonality. Demand around Western University and Fanshawe College peaks ahead of the September academic cycle, while family-oriented submarkets move more steadily through spring and summer. We sequence your most in-demand unit types into the strongest windows to protect pace.

Because our fee is tied to signed leases, our incentive is aligned with yours: faster absorption at target rents. We report progress against your stabilization date continuously, so you always know whether the campaign is ahead, on track, or needs more channels. The 6-month replacement guarantee keeps stabilized occupancy from slipping after the fact.

Documented tenant screening for London, ON rentals — MoveSmart Rentals

We don't get paid until your London unit is leased. That single line rewrites how a leasing file gets run.

The MoveSmart success-fee promise

Transparent pricing

Leasing fees in London

No upfront cost and no monthly percentage, ever. You pay a one-time success fee equivalent to one month of contracted rent, due only when a qualified tenant signs the lease.

Leasing & tenant placement

One month rent

One-time success fee, billed only when a tenant signs. $0 upfront.

  • Professional photography and video
  • MLS and 20 portal syndication
  • Tenant screening and background checks
  • Showings and applicant management
  • Lease drafting, e-signing, and deposits
  • Move-in coordination and key handover
  • 6-month Tenant Replacement Guarantee

Optional add-ons

As needed

Layer on extra coverage when it fits the property.

  • Rent Protection, quoted by partner
  • Paid advertising, pass-through at cost
  • Institutional lease-up, custom RFP
  • GST/HST excluded; confirmed in writing first

Our promise

The MoveSmart Tenant Replacement Guarantee

If a tenant we place leaves within the first six months, we re-market and re-place the unit at no additional success fee. You are not paying twice for one vacancy.

  • First 6 months covered
  • No additional fee
  • Same screening standard

The detail

Everything that goes into institutional lease-up in London

Pricing, marketing, screening, cost, and renewals, broken down so you know exactly what we do and why it works in this market.

01

Lease-up across the London submarkets

London does not lease as one market. We tailor the campaign to each submarket your project touches.

Downtown leases to young professionals, students, and newcomers who want walkability and transit. Studios and one-bedrooms move fastest here, and pricing tiers need to be sharp because supply has grown.

Old North draws graduate students, faculty, and professionals who value proximity to Western University and quiet, established streets. Quality finishes and clear value justify firmer rents.

Old South appeals to professionals and families wanting character homes and Wortley Village charm. Larger units and houses lease here on a steadier, family-driven timeline.

Byron is a west-end, family-oriented neighbourhood. Demand favours larger homes and townhomes, and renters skew toward longer tenancies, which supports your retention numbers.

Hyde Park is a fast-growing north-end area with newer stock and big-box convenience. It attracts families and professionals who want modern space and easy commuting.

Masonville, near Western and Masonville Place, is a strong student and professional draw. Proximity to campus and shopping keeps one and two-bedroom demand high through the academic cycle. We match unit type to submarket so each floor leases to its natural renter.

02

On-site and virtual leasing teams

High-volume lease-up needs leasing coverage that flexes with traffic. MoveSmart deploys both on-site and virtual leasing support for your London project, sized to the building.

For a busy opening, on-site presence matters. Coordinated showings, model-suite tours, and prompt walk-in handling convert interest into applications while prospects are physically in the building. We schedule tour capacity around your release calendar and London's seasonal demand peaks so showings never become the bottleneck.

Virtual leasing extends your reach. Many London renters, especially students and out-of-town professionals relocating for work at the hospitals or universities, begin and often complete their search remotely. We offer video tours, virtual walkthroughs, and remote application and screening, so a prospect in another city can lease a unit without a single in-person visit.

RECO-licensed broker partners handle the regulated brokerage steps in this workflow, keeping remote and in-person leasing alike on the right side of Ontario rules. The result is continuous coverage: every inquiry answered, every tour offered, every qualified applicant moved toward signing, whether they are standing in your lobby or watching a tour from their laptop.

03

Reporting and transparency at scale

An institutional owner cannot manage a lease-up from gut feel. MoveSmart gives you the numbers that drive decisions, updated as the campaign runs.

You see lead volume by source, so you know which channels are producing for your London building. You see tour counts and tour-to-application conversion, which tells you whether traffic or pricing is the constraint. You see applications received, screening outcomes, and signed leases against your weekly velocity target and stabilization date.

This transparency does two things. It lets you forecast occupancy and carrying costs with real data instead of estimates. And it surfaces problems early, so if a specific unit type or price band is lagging, we adjust marketing or recommend a pricing review before weeks of vacancy pile up.

Reporting is organized the way asset managers think: by unit type, by submarket, and by phase. For a multi-building or phased London project, we keep each phase distinct so you can compare performance and refine the plan for later releases. Because our compensation is success-based, our reporting and your interests point the same direction, which is faster absorption at the rents you underwrote.

04

Ontario compliance across a full lease-up

A large London lease-up multiplies your exposure to tenancy law, so compliance has to be built in, not bolted on. MoveSmart structures every placement to fit Ontario's framework.

Residential tenancies in Ontario are governed by the Residential Tenancies Act, 2006, with the Landlord and Tenant Board as the adjudicating body for disputes. Leases must use the province's standard lease form, and screening must respect human rights obligations. We apply consistent, lawful screening criteria across every applicant, which matters even more at volume because inconsistency creates risk.

For all regulated brokerage activity, we coordinate with RECO-licensed brokers. MoveSmart is a leasing and tenant placement firm, not a licensed brokerage, and we are explicit about that line. Partnering with licensed brokers means the regulated steps of your lease-up are handled by professionals authorized to perform them under Ontario law.

We also keep clean documentation across the campaign: applications, screening records, and signed standard leases, organized per unit. For an institutional owner, that paper trail is part of the asset's value. It supports your operations team after handoff and stands up if any tenancy question ever reaches the Landlord and Tenant Board.

05

What institutional lease-up costs in London

Our pricing is simple and aligned with your outcome. There is no retainer and no upfront fee. MoveSmart earns a success fee equal to one month of rent for each unit we lease to a qualified tenant. You pay only for results, lease by lease.

For a London lease-up, that structure has real advantages. Your costs scale directly with occupancy gains, so spend tracks revenue coming online rather than sitting as a fixed cost against empty units. There is nothing to pay while units are still vacant, which protects cash flow during the riskiest stretch of the project.

Every placement includes a 6-month replacement guarantee. If a placed tenant leaves within that window, we re-lease the unit under the agreement, so your stabilized occupancy is protected and you are not paying twice for the same vacancy.

What the fee does not include is ongoing management, rent collection, or maintenance, because we do not provide those services. We fill the building; your team or your manager runs it afterward. For developers and asset managers underwriting a London project, this gives a clean, predictable leasing line item: one month of rent per signed lease, $0 upfront, results guaranteed for six months.

Choose Your Path

Two doors, one standard

Whether you own the property or are searching for your next home, MoveSmart Rentals runs the same disciplined playbook on both sides of the lease.

Premium single-family rental home at dusk
01 / Owners

Hands-off leasing, brick by brick

For Property Owners

Full-service leasing and tenant placement with zero upfront cost. Strategic pricing, professional marketing, tenant qualification, lease execution, and a documented move-in - hands-off leasing from listing to keys.

  • 18-Day Avg Placement
  • Defensible Qualification
  • Rental Protection
  • MLS + 20+ platforms
  • Dedicated Leasing Advisor
  • Owner Portal
Zero upfrontOwner Services
Bright, professionally staged apartment interior
02 / Tenants

Verified listings, honest pricing

For Tenants

Find your next home from our pipeline of professionally listed rentals across Canada and the United States. Verified listings, transparent pricing, and a smooth application-to-move-in experience.

  • Verified Listings
  • Online Applications
  • Online Payments
  • Transparent Pricing
  • Responsive Leasing Team
  • Secure E-Sign
Zero upfrontBrowse Rentals
Same team, both sides of the lease

Areas we serve

Local coverage across London

A dedicated leasing page for each London district, with rents, demand and lease times specific to that pocket of the city.

  • 01Downtown
  • 02Old North
  • 03Old South

Beyond London

Leasing across the region

The same leasing pipeline and standard runs across the surrounding cities. One point of contact for a portfolio spread across more than one market.

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Frequently Asked

Frequently asked questions

No. MoveSmart is a leasing and tenant placement firm only. We fill your units with qualified tenants, but we do not collect rent, handle maintenance, or manage the property afterward. Your operations team or property manager takes over fully leased units once we complete placement.

Ready to start institutional lease-up in London?

Zero upfront, success-fee pricing, and a documented, compliant lease. One number, one accountable team.