$542,900
Est. payment $2,404/moCalculate yours
238 Fleming Drive, London East, ON N5V 4Y9
East, London, ON N5V 4Y9
- 5 + 1 Beds
- 2 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX ICON REALTY MLS® X13729672
About this home
INVESTMENT OPPORTUNITY STEPS FROM FANSHAWE COLLEGE! Licensed Rental Property in one of London’s most sought-after rental locations. This spacious 4-level back-split offers 5+1 bedrooms, 2 full bathrooms, a separate side entrance, and a versatile multi-level layout ideal for investors seeking strong rental potential. The main level features a bright open-concept living, dining, and kitchen area. Upstairs offers 3 bedrooms and a 4-piece bathroom, while the lower level features 2 additional bedrooms, a 3-piece bathroom, and private side entrance. The basement provides a 6th bedroom with newer flooring, plus dedicated laundry and storage areas. Freshly painted with numerous updates, the property also features a fully fenced backyard, attached garage, and additional driveway parking. The layout offers excellent potential for two units, subject to buyer verification and applicable approvals. Conveniently located near Fanshawe College, public transit, shopping, restaurants, and everyday amenities. Aggressively priced for today’s market-an excellent opportunity to add a licensed rental property to your investment portfolio! Photos were taken prior to the current tenant moving in.
Property details
Overview
- Property Type
- Detached
- Style
- Backsplit 4
- For
- For Sale
- Status
- New
- Approximate Age
- 16-30
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full, Separate Entrance, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 32.82 x 117.33 Feet
- Parking
- Built-In garage · 3 total
Financial
- Property Taxes
- $3,889 (2026)
Location
- Neighbourhood
- East
- Cross Street
- Fanshawe College Blvd--Fleming Dr.
- Direction Faces
- North
Listing
- MLS® Number
- X13729672
- Days on Market
- 48
- Listed On
- 2026-08-31
- Possession
- Vacant possession will be given if the buyer wants
- Listed By
- RE/MAX ICON REALTY
Rooms
Features
Interior
- Auto Garage Door Remote
- In-Law Capability
- Sump Pump
Pool
- None
- Included
- Dryer, Refrigerator, Stove, Washer, dishwasher
- Excluded
- Personal items
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,404 per month
- Principal and interest
- $2,404
- Property tax
- $324
- Condo fees
- $0
- Estimated monthly cost
- $2,728
Your mortgage
- Mortgage amount
- $434,320
- Mortgage insurance
- Not needed
- Interest over 25 years
- $286,833
Cash to close
- Down payment
- $108,580
- Land transfer tax
- $7,333
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $115,913
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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