238 FLEMING DRIVE, London East, Ontario
$639,000
- 6 Beds
- 2 Baths
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! (id:56241)
Open house this Sat, Jul 19th from 2:00 PM to 4:00 PM and Sun, Jul 20th from 2:00 PM to 4:00 PM.
- Listing ID: X12185112
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 238 FLEMING DRIVE in London Ontario. It was last modified on June 19th, 2025. Contact us to schedule a viewing or to discover other London homes for sale.