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Exceptional Investment Opportunity: Spacious 5+1 Bedroom, 4-Level Back Split Home Steps from Fanshawe College, Located in one of London's most sought-after rental areas, this City of London licensed Rental Property is a prime asset for any investor. Just a 2-minute walk to Fanshawe College, this home boasts a strong rental history with zero vacancies, tenants are consistently secured well ahead of the academic year. Property Features: Second Floor: Offers 3 generously sized bedrooms and a 4-piece bathroom, providing comfort and privacy for residents. Main Floor: Features a bright and airy open-concept layout with a spacious great room, kitchen, dining, and breakfast area, perfect for shared living. Lower Level: Includes a private side entrance, 2 additional bedrooms, and a 3-piece bathroom, ideal for separate tenant access. The basement Houses a sixth bedroom with brand-new flooring, offering flexible space for additional tenants, There are 2 additional rooms in the basement for Laundry room and a storage room. Recently refreshed with a full interior paint job and various updates throughout, the home is move-in ready and currently vacant, making showings easy. Additional Highlights: Strong monthly rental potential of over $4,500 and the new owner can set the lease terms. Fully fenced yard and an attached single-car garage with ample parking space for 2 vehicles on the driveway. Move in ready for immediate occupancy, Live in upper level and possibly rent out lower level as a mortgage buddy. A rare opportunity in a high-demand location near public transit, shopping, and all amenities. Don't miss out on this turnkey, high-income property in an unbeatable location!
Dryer, Refrigerator, Stove, Washer, dishwasher, chest freezer in the basement storage, all appliances are as is but in working order currently.
City: London East
Neighborhood: East D
Purchase Price | $648900 |
Down Payment | $129780 |
Mortgage Insurance | $0 |
Total Mortgage | $519120 |
Mortgage Payment | $3199 |
Property Taxes | $304 |
Maintenance Fees | $0 |
Monthly Payment | $3503 |
Located at 238 Fleming Dr , this London East house is available for sale. This property was listed for $648,900 on Fri May 30 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Bathroom, 4th Br, 5th Br, Bathroom, Br, Laundry, Other. This property comes with 3 parking spots. 238 Fleming Dr, London East is situated in the East D neighbourhood.
MLS#: X12185112 · $648,900 · 5 bedroom house in East D, London East