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$639,000
Available - For Sale
Listing ID: X12185112
238 Fleming Driv , London East, N5V 4Y9, Middlesex


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!
Price $639,000
Taxes: $3650.00
Assessment Year: 2024
Occupancy: Vacant
Address: 238 Fleming Driv , London East, N5V 4Y9, Middlesex
Acreage: < .50
Directions/Cross Streets: Fanshawe College Blvd--Fleming Dr.
Rooms: 10
Bedrooms: 5
Bedrooms +: 1
Family Room: F
Basement: Full, Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 15.42 9.94
Room 2 Main Dining Ro 12.89 10.36
Room 3 Main Kitchen 12.66 10.43
Room 4 Main Primary B 14.63 11.15
Room 5 Main Bedroom 2 11.45 10.43
Room 6 Main Bedroom 3 10.04 9.25
Room 7 Main Bathroom 5.44 11.15
Room 8 Lower Bedroom 4 14.24 10.92
Room 9 Lower Bedroom 5 16.2 10.69
Room 10 Lower Bathroom 6.04 6.23
Room 11 Basement Bedroom 18.73 12.14
Room 12 Basement Laundry 11.18 9.64
Room 13 Basement Other 7.48 12.14
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 3 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Second
Washroom Type 7 3 Lower
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 16-30
Property Type: Detached
Style: Backsplit 4
Exterior: Brick, Vinyl Siding
Garage Type: Built-In
(Parking/)Drive: Private
Drive Parking Spaces: 2
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Fence - Full
Approximatly Age: 16-30
Approximatly Square Footage: 1500-2000
Property Features: Fenced Yard, Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Wally Islam
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East D
Style: Backsplit 4
Lot Size: x 117.33(Feet)
Approximate Age: 16-30
Tax: $3,650
Maintenance Fee: $0
Beds: 5+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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