Service · London, Ontario
Student Rental Management
London Ontario
We manage student rentals near Western University and Fanshawe College — handling the full annual cycle so you never have to think about turnover season.
Student Rentals Require a Different Approach
London has two major post-secondary institutions — Western University and Fanshawe College — driving consistent demand for rental housing. But student rentals come with challenges that regular residential properties don't: annual turnover, joint tenancies, guarantor requirements, and a concentrated leasing season that runs January through March.
Most landlords self-managing student properties spend weeks every winter scrambling to re-list and re-screen. Prospera handles the entire cycle — from listing in January to keys-in-hand in September — so you don't have to be involved at all.
What We Handle
Guaranteed Rent Collection
We collect from multiple guarantors when needed. Student rentals don't have to mean chasing parents for rent.
Annual Tenant Turnover Handled
Most student leases flip every May. We handle re-listing, screening, and lease signing before the last tenant is even out.
Joint Lease Structuring
Multiple students, one lease — structured correctly to protect you legally and make rent collection clean.
Damage Protection Protocol
Move-in/move-out inspections with full photo documentation. We fight for your deposit deductions when needed.
Western & Fanshawe Market Knowledge
We know which months to list, what rents to charge near each campus, and what student tenants actually look for.
LTB Compliant at Every Step
N-forms served correctly, Ontario Standard Lease used every time. No shortcuts that expose you to risk.
40,000+
Western students
6,000+
Fanshawe students
Sept 1
Peak move-in date
Jan–Mar
Leasing season
Frequently Asked Questions
Is student rental management different from regular property management?
Yes. Student rentals involve higher turnover (usually every 12 months), joint tenancies with multiple leaseholders, and a specific leasing season (January–March for September move-ins). We manage the full cycle.
Do you require guarantors for student tenants?
Yes. We require a co-signer or guarantor for student tenants who don't meet income thresholds. This protects you if rent stops coming in.
What areas near Western University and Fanshawe do you cover?
We manage student rentals in Masonville, Medway, Old North, Broughdale, and East London near Fanshawe. If your property is within 3km of either campus, we can manage it.
What do you charge for student rental management?
Our management fee is 10% of monthly rent, plus a one-month leasing fee when we place tenants. No markup on maintenance. See our pricing page for full details.
What if a student stops paying rent?
We serve the N4 notice immediately — within 7 days of a missed payment. We don't wait. If arrears continue, we file the L1 application with the LTB.
Stop Managing Turnover Season Yourself
Let Prospera handle the full student rental cycle. Free consultation, no obligation.
Book a Free Consultation →Or call (519) 697-1227