OFFER:
$500 Move-in Bonus
1 Day Ago
Highlights
Rent Special
Pet Friendly
Location
492 Springbank Dr, London, ON N6J 1H1, CAN|Southcrest
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Property Overview
Springbank Manor scores impressively across multiple metrics, receiving a 9.4 overall expert rating that highlights its appeal for renters. Its competitive pricing and outstanding amenities, both rated 10 out of 10, suggest excellent value for potential tenants. Additionally, with a location rating of 9 out of 10 and a quality rating of 9, residents can expect a high standard of living and convenience, further supported by a trustworthy management representation and an extensive photo gallery.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Great for
Pet owners
Floor plans
| Bachelor available at 492 Springbank Drive, London | Studio | 1 bath | 450 sqft | $1,325 /mo | |||
| 1 Bedroom available at 492 Springbank Drive, London | 1 bed | 1 bath | 728 sqft | $1,450 /mo | 1 unit available | ||
| 2 Bedroom available at 492 Springbank Drive, London | 2 bed | 1 bath | 958 sqft | $1,695 /mo | 1 unit available |
Let's explore this property.
Amenities for Springbank Manor
Apartment Amenities
| Balcony | Heat |
| Hot Water | View |
Appliances
| Fridge | Stove |
Building
| Bicycle Room | Cats OK |
| Dogs OK | Elevator |
| Garage Bike Rack | Onsite Laundry |
| Wheelchair Accessible |
Grounds
| Garage Parking | Outdoor Parking |
Neighborhood
| Shopping Nearby |
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
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 terms | 12 months |
|---|
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About Springbank Manor
Managed by CAPREIT
Canadian Apartment Properties REIT offers spacious and luxury apartments for rent at Springbank Manor located in London, ON. Explore Today!
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.
9.4
/10
ExcellentSpringbank Manor is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A 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.
Springbank Manor offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Springbank Manor 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.
Springbank Manor 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·9A 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.
Springbank Manor has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
Springbank Manor is great for:
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 Springbank Manor compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Priced higher than average
- Studio unit is $0.0 more than the median rent in this area
- Priced higher than average
- 1-bedrooms are $0.0 more than the median rent in this area
- Priced higher than average
- 2-bedrooms are $0.0 more than the median rent in this area
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Rent trends in Southcrest
1-bedroom apartments here are priced 4% lower than 1-bedrooms in Southcrest.
If you decide to upgrade your space, you can expect 2-bedrooms at Springbank Manor to be 3% less than the average for similarly sized apartments in Southcrest.
Median rents as of Oct 18 2025.
Southcrest
London
| Month | Median Rent |
|---|---|
| November 2023 | $1,689 |
| December 2023 | $1,684 |
| January 2024 | $1,724 |
| February 2024 | $1,728 |
| March 2024 | $1,755 |
| April 2024 | $1,711 |
| May 2024 | $1,717 |
| June 2024 | $1,687 |
| July 2024 | $1,689 |
| August 2024 | $1,699 |
| September 2024 | $1,752 |
| October 2024 | $1,743 |
| November 2024 | $1,731 |
| December 2024 | $1,718 |
| January 2025 | $1,709 |
| February 2025 | $1,679 |
| March 2025 | $1,698 |
| April 2025 | $1,688 |
| May 2025 | $1,690 |
| June 2025 | $1,656 |
| July 2025 | $1,649 |
| August 2025 | $1,724 |
| September 2025 | $1,640 |
| October 2025 | $1,601 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,593 |
| December 2023 | $1,589 |
| January 2024 | $1,600 |
| February 2024 | $1,595 |
| March 2024 | $1,598 |
| April 2024 | $1,605 |
| May 2024 | $1,605 |
| June 2024 | $1,600 |
| July 2024 | $1,622 |
| August 2024 | $1,619 |
| September 2024 | $1,690 |
| October 2024 | $1,597 |
| November 2024 | $1,599 |
| December 2024 | $1,590 |
| January 2025 | $1,569 |
| February 2025 | $1,553 |
| March 2025 | $1,586 |
| April 2025 | $1,594 |
| May 2025 | $1,496 |
| June 2025 | $1,507 |
| July 2025 | $1,513 |
| August 2025 | $1,561 |
| September 2025 | $1,540 |
| October 2025 | $1,520 |
Affordability calculator
Can I afford to live at 492 Springbank Dr?
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
$53,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this studio monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.
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Internet available near Springbank Manor
Getting around London near 492 Springbank Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 492 Springbank Dr, London
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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GNC
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Berkshire Park
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Wonderland Road Park
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492 Springbank
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Berkshire / Springbank
Byron – Argyle Mall
Berkshire / Springbank
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Springbank / Berkshire
Byron – Argyle Mall
London via
Kitchener, Kitchener
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