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$639,000
238 FLEMING DRIVE
London East, Ontario, Ontario, N5V4Y9
MLS® Number: X12185112
Property 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!
Building information
Type
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Age
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Appliances
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Basement Development
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Basement Type
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Construction Style Attachment
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Construction Style Split Level
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Utility Water
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Land information
Amenities
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Fence Type
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bathroom
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Bedroom 3
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Bedroom 2
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Primary Bedroom
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Kitchen
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Dining room
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Living room
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Lower level
Bathroom
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Bedroom 5
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Bedroom 4
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Basement
Other
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Laundry room
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Bedroom
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Main level
Bathroom
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Bedroom 3
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Bedroom 2
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Primary Bedroom
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Kitchen
*****
Dining room
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Living room
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Lower level
Bathroom
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Bedroom 5
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Bedroom 4
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Basement
Other
*****
Laundry room
*****
Bedroom
*****
Main level
Bathroom
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Kitchen
*****
Dining room
*****
Living room
*****
Lower level
Bathroom
*****
Bedroom 5
*****
Bedroom 4
*****
Basement
Other
*****
Laundry room
*****
Bedroom
*****
Main level
Bathroom
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Kitchen
*****
Dining room
*****
Living room
*****
Lower level
Bathroom
*****
Bedroom 5
*****
Bedroom 4
*****
Basement
Other
*****
Courtesy of RE/MAX ICON REALTY
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