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. Fully fenced yard and an attached single-car garage with ample parking space for 2 vehicles on the driveway. Ready for immediate occupancy, 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:4555)
PROPERTY SPECS
Listing ID X12343413
Address 238 FLEMING DRIVE
City London East (East D), ON
Price $499,000
Bed / Bath 6 / 2 Full
Construction Brick, Vinyl siding
Land Size 32.8 x 117.3 FT
Type House
Status For sale
EXTENDED FEATURES
AppliancesDishwasher, Dryer, Freezer, Garage door opener remote(s), Refrigerator, Stove, WasherBasementFullBasement DevelopmentFinishedParking3Amenities NearbyPark, Public Transit, SchoolsCommunity FeaturesCommunity CentreEquipmentWater HeaterFeaturesFlat site, Sump PumpOwnershipFreeholdRental EquipmentWater HeaterConstruction Style Split LevelBacksplitCoolingCentral air conditioningFoundationConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-08-14 08:00:09Days on Market13Parking3