25 days on Market

238 Fleming Dr, London East, Ontario N5V 4Y9

Detached
5 + 1
2
~1500-2000 sqft
$•••,•••
$639,000
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Detached
5 + 1
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$373/sqft

Est. Mortgage$2,744/mo

Tax Amount (2024)$3,650/yr

Days On Market25 days


Description

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!


Property Details

StyleBacksplit 4
View-
Age of property16-30
SqFt~1500-2000 SqFt
Lot Size3,850 SqFt(117.33 x 32.82)
Parking Spaces3
MLS ®NumberX12185112
Community NameHuron Heights
Data SourceTRREB
Listing byRE/MAX ICON REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Main Floor

Dining

3.93 x 3.16

Kitchen

3.86 x 3.18

Primary

4.46 x 3.4

2nd Br

3.49 x 3.18


Features

Lot size: 3,850 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

May 30, 2025
ListedActive
$639,000
25 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX ICON REALTY, Brokerage

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Market Data - Huron Heights

Geo Zone Map ThumbnailHuron Heights

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

23 days

2023

12 days

2022

10 days

New Listings

Past 30 days

28 listings

Compared to

2024

22 listings

2023

18 listings

2022

36 listings

Units sold

Past 30 days

15 units

Compared to

2024

15 units

2023

13 units

2022

15 units

Median Sold Price

Past 30 days

$582,000

Compared to

2024

$660,000

2023

$700,000

2022

$690,000


Population and Demographics

Overview

Total population 22645
Average household income $94,713

Age (%)

20 to 34
25%
0 to 19
21%
50 to 64
20%
35 to 49
18%
65 and plus
16%

Household composition (%)

Single family
61%
Single person
30%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
77%
Others
4%
Assyrian Neo-Aramaic
3%
Vietnamese
3%
Tagalog (Pilipino, Filipino)
3%
Arabic
2%
Khmer (Cambodian)
1%
Spanish
1%
Polish
1%
Portuguese
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget