190 Fleming Drive #3
London East, N5V 5B8·MLS® X13167556·
Listing courtesy of Blue Forest Realty INC.·Updated May 26
Listing price
$399,900
Est. $1,905/mo
Days on market
Listed May 24, 2026
Description
Attention investors - excellent student rental available! 3+2 bedroom, 2.5 bathroom townhouse situated directly beside Fanshawe College. Main floor living space is spacious - kitchen with ample cupboard space, dining area, 2 piece bath, and a large living room with access to the rear patio. Second floor boasts 3 bedrooms and a 4 piece bathroom. The fully finished basement maximizes rental potential, offering 2 additional bedrooms, a 4 piece bathroom, and laundry room with plenty of storage. Newer furnace and A/C. Located within a well maintained complex, this property includes one dedicated parking spot alongside plenty of visitor parking. Just steps from major transit routes providing direct access across London, and close to shopping, dining, and daily amenities. A great addition to any investment portfolio!
Property details
Basement
Finished, Full
Parking
1 spaces
Type
Condo Townhouse — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,474
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$310,000
77 - 595 Third Street, London East
Sold$370,000
36 - 577 Third Street, London East
See all 10 comparables
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Market conditions · East D
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,600
Rental yield
4.8%
Est. cash flow
-$1,071
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$100,157
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$412,297
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