Zumper

OFFER:

Limited Time Offer | Enjoy 1 Month FREE on a 13 Month Lease!* *Pricing, availability, and incentives are subject to change. Conditions apply. Suite features may vary. Images and virtual tours may not reflect actual suite finishes. E. & O.E.

modified
Updated 20 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

420 Central Ave, London, ON N6B 2E7, CAN|Downtown London
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Contact

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Management

Sterling Karamar

Leasing office

(548) 488-4158

Property Overview

420 Central Avenue earns a strong overall rating, with standout marks for amenities, location, price, and trustworthiness. It offers a compelling mix of value and convenience, along with detailed and transparent property information that helps renters understand what to expect.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 420 Central Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 420 Central Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Great for

  • Pet owners

Floor plans

StudioStudio1 bath358 sqft$1,114 /mo1 unit available
StudioStudio1 bath360 sqft$1,114 /mo1 unit available
1 Bedroom1 bed1 bath604 sqft$1,199 /mo1 unit available
1 Bedroom1 bed1 bath569 sqft$1,199 /mo1 unit available
1 Bedroom1 bed1 bath569 sqft$1,231 /mo1 unit available
1 Bedroom1 bed1 bath569 sqft$1,254 /mo
1 Bedroom1 bed1 bath599 sqft$1,254 /mo1 unit available
1 Bedroom1 bed1 bath569 sqft$1,254 /mo1 unit available
1 Bedroom1 bed1 bath599 sqft$1,254 /mo1 unit available
1 Bedroom1 bed1 bath599 sqft$1,254 /mo1 unit available
1 Bedroom1 bed1 bath599 sqft$1,254 /mo
1 Bedroom1 bed1 bath569 sqft$1,275 /mo
1 Bedroom1 bed1 bath599 sqft$1,281 /mo1 unit available

Let's explore this property.

Amenities for 420 Central Avenue

Apartment Amenities

BalconyHard Surface Flooring
HeatHot Water
Large, Brightly Lit WindowPrivate Balcony
Renovated Kitchen/Bathroom

Appliances

DishwasherOver the Range Microwave
Stainless Steel Appliances

Building

Cats OKDogs OK
ElevatorOnsite Laundry
Security Cameras

Services

On-Site ManagementOnsite Professional Management

Neighborhood

Public TransitShopping Nearby

Other

Certified Rental BuildingConvenient Online Payments & Maintenance Requests
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months

About 420 Central Avenue

Managed by Sterling Karamar
HomeApartments in LondonDowntown London 420 Central Avenue

- Heat - Water Join us at Open House | Saturday, October 17th, 11 AM to 2 PM Limited Time Offer | Enjoy One Month FREE on a 13-Month Lease!* Live well at Colony One located at 420 Central Avenue in London, ON. Choose from spacious studio and 1-bedroom apartments featuring hard surface flooring, renovated kitchen and bathroom featuring premium finishes including contemporary cabinetry, ceramic backsplash, stainless steel appliances – including dishwasher and over-the-range microwave! Rest assured with access to an on-site professional management team!*Pricing, availability, and incentives are subject to change. Conditions apply. Suite features may vary. Images and virtual tours may not reflect actual suite finishes. E. & O.E.** Sterling Karamar Property Management is committed to providing an exceptional leasing experience. We do not request a fee to book a tour or a deposit to reserve a suite.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 420 Central Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 420 Central Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 420 Central Avenue
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
420 Central Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
420 Central Avenue stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
420 Central Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 420 Central Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

420 Central Avenue is great for:

Pet owners

  • Outdoor spaces are available at this property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 420 Central Avenue compares to other nearby properties.

Considerations

Distance from grocery stores
The nearest grocery store is 3.0 miles away
Distance from transit
More than 3.0 miles from public transportation

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Rent trends in Downtown London

Studio apartments at 420 Central Avenue cost about 4% less than the average rent price for studios in Downtown London.

1-bedroom apartments here are priced 26% lower than 1-bedrooms in Downtown London.

Median rents as of Oct 17 2026.
Downtown London
London
A table of studio rental data trends in London
MonthMedian Rent
November 2024$1,418
December 2024$1,337
January 2025$1,337
February 2025$1,387
March 2025$1,443
April 2025$1,435
May 2025$1,396
June 2025$1,354
July 2025$1,375
August 2025$1,339
September 2025$1,288
October 2025$1,257
November 2025$1,292
December 2025$1,316
January 2026$1,322
February 2026$1,314
March 2026$1,289
April 2026$1,308
May 2026$1,316
June 2026$1,329
July 2026$1,340
August 2026$1,347
September 2026$1,341
October 2026$1,326
A table of studio rental data trends in Downtown London
MonthMedian Rent
November 2024$1,370
December 2024$1,364
February 2025$1,405
March 2025$1,379
April 2025$1,376
May 2025$1,419
July 2025$1,392
August 2025$1,350
September 2025$1,308
October 2025$1,242
November 2025$1,213
December 2025$1,225
January 2026$1,214
February 2026$1,244
March 2026$1,250
April 2026$1,261
May 2026$1,246
June 2026$1,259
July 2026$1,349
August 2026$1,294
September 2026$1,259
October 2026$1,187

Affordability calculator

Can I afford to live at 420 Central Ave?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$44,560/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,560 annually to afford this studio median monthly rent price of $1,114.
For more information on rent affordability, visit our rent calculator.

Getting around London near 420 Central Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 420 Central Ave, London

Groceries

6/10
At least one supermarket within a 15-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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