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$589,000

238 Fleming Drive, London East, ON N5V 4Y9

London East

Bedrooms
6
Bathrooms
2
Parking
3
Type
Detached
AI summary
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About this listing

Exceptional Investment Opportunity Near Fanshawe College! Welcome to this spacious and well-maintained 5+1 bedroom, 4-level backsplit located in one of London's most desirable rental locations. Just a short 2-minute walk to Fanshawe College, this City of London licensed rental property offers outstanding income potential with a proven history of strong tenancy and virtually zero vacancy.Designed for maximum flexibility and future income growth, the layout offers excellent potential for 2 independent living units, making it an ideal opportunity for investors or multi-generational living. The upper level features 3 generously sized bedrooms and a 4-piece bathroom. The bright main floor showcases an open-concept design with a spacious great room, kitchen, dining, and breakfast area - perfect for comfortable shared living.The lower level includes a separate side entrance, 2 additional bedrooms, and a 3-piece bathroom, creating excellent potential for a secondary suite setup. The basement offers a sixth bedroom with brand-new flooring, plus additional laundry and storage rooms for added convenience.Recently refreshed with full interior painting and various updates throughout, this property is truly move-in ready. Additional features include a fully fenced backyard, attached single-car garage, and parking for 2 vehicles on the driveway. Strong rental potential with projected income exceeding $4,500/month (depending on use and future configuration). Conveniently located near public transit, shopping, restaurants, parks, and all major amenities.An exceptional turnkey income property in one of London's most sought-after rental locations.

Property details

Days on market
2 days
Property taxes
$3,889/yr (2026)
Lot size
32.82 × 117.33 Feet
Style
Backsplit 4
Heating
Forced Air (Gas)
Cooling
Central Air
Basement
Full, Separate Entrance, Finished
Garage
Built-In
Construction
Concrete, Vinyl Siding
Facing
North

Payment calculator

$117,800 (20%)
%
Estimated payment
$2,608 /mo
Mortgage amount
$471,200

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 238 Fleming Drive, London East, ON N5V 4Y9

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MLS# X13161064

Listed by RE/MAX ICON REALTY

On market since May 22, 2026

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About 238 Fleming Drive, London East, ON N5V 4Y9

How much is 238 Fleming Drive, London East, ON N5V 4Y9?

238 Fleming Drive, London East, ON N5V 4Y9 is listed for $589,000 CAD.

How many bedrooms and bathrooms does 238 Fleming Drive, London East, ON N5V 4Y9 have?

238 Fleming Drive, London East, ON N5V 4Y9 has 6 bedrooms and 2 bathrooms.

What type of property is 238 Fleming Drive, London East, ON N5V 4Y9?

238 Fleming Drive, London East, ON N5V 4Y9 is a Detached.

What neighbourhood is 238 Fleming Drive, London East, ON N5V 4Y9 in?

238 Fleming Drive, London East, ON N5V 4Y9 is in London East, Ontario.

Is 238 Fleming Drive, London East, ON N5V 4Y9 for sale or for rent?

238 Fleming Drive, London East, ON N5V 4Y9 is currently for sale.

How do I book a showing for 238 Fleming Drive, London East, ON N5V 4Y9?

Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 238 Fleming Drive, London East, ON N5V 4Y9 (MLS# X13161064). You can also send a message through the contact form on this site.