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238 Fleming Drive London East, Ontario N5V 4Y9

6 Bedroom 2 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air

$648,900

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:38414)

Open House

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Property Details

MLS® Number X12185112
Property Type Single Family
Community Name East D
AmenitiesNearBy Schools, Public Transit, Park
CommunityFeatures Community Centre
EquipmentType Water Heater - Gas
Features Flat Site, Sump Pump
ParkingSpaceTotal 3
RentalEquipmentType Water Heater - Gas

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Age 16 To 30 Years
Appliances Garage Door Opener Remote(s), All, Dishwasher, Dryer, Freezer, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
ConstructionStyleSplitLevel Backsplit
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1500 - 2000 Sqft
Type House
UtilityWater Municipal Water

Parking

Garage

Land

Acreage No
FenceType Fully Fenced, Fenced Yard
LandAmenities Schools, Public Transit, Park
Sewer Sanitary Sewer
SizeDepth 117 Ft ,3 In
SizeFrontage 32 Ft ,9 In
SizeIrregular 32.8 X 117.3 Ft
SizeTotalText 32.8 X 117.3 Ft|under 1/2 Acre
ZoningDescription R4-5

Rooms

Level Type Dimensions
Basement Bedroom 5.71 m x 3.7 m
Basement Laundry Room 3.41 m x 2.94 m
Basement Other 2.28 m x 3.7 m
Lower Level Bedroom 4 4.34 m x 3.33 m
Lower Level Bedroom 5 4.94 m x 3.26 m
Lower Level Bathroom 1.84 m x 1.9 m
Main Level Living Room 4.7 m x 3.03 m
Main Level Dining Room 3.93 m x 3.16 m
Main Level Kitchen 3.86 m x 3.18 m
Main Level Primary Bedroom 4.46 m x 3.4 m
Main Level Bedroom 2 3.49 m x 3.18 m
Main Level Bedroom 3 3.06 m x 2.82 m
Main Level Bathroom 1.66 m x 3.4 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

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