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351 Fleming Drive

London East, N5V 4Y6·MLS® X13435534·

Listing courtesy of Century 21 First Canadian Corp·Updated yesterday

For sale
1 / 26
3Beds
2Baths
1,100-1,500Sqft
16-30Year Built

Listing price

$549,900

Est. $2,619/mo

Days on market

2

Listed Jun 12, 2026

Description

Calling Investors! Welcome to 351 Fleming Drive, located within just minutes walking distance to Fanshawe College Main Campus. This fully licensed, 4-Level Back-Split Style property features over 2000 sq.ft of total living space, 5 bedrooms, 2 full bathrooms, a fully finished basement with an office, and a single-car garage with a double-wide private driveway. The irregular pie-shaped backyard is fully fenced with a side deck off the kitchen. Location can't be beat for investment, with close proximity to both Fanshawe College Main Campus, Z Building, 3M, General Dynamics, Trios College, numerous amenities, and the new Bus Rapid Transit (BRT), providing investors with long-term growth potential. Buyer to assume existing tenants, currently rented for $4,058.48 per month / $48,701 per year.

Property details

Garage

1 car Attached

Basement

Finished

Parking

3 spaces

Type

Detached — Backsplit 4

Heating

Forced Air

AI property estimate

$566,947Above Market
$533,953$599,941

82% confidence · 8 comparable sales analysed

Location & neighbourhood

East D

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,619
Property tax$596
Insurance (est.)$115
Utilities (est.)$250
Total monthly$3,580

Land transfer tax

Ontario LTT

$7,473

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 12, 2026Listed
$549,900

Sold comparables nearby

1548 Dale Street, London EastSold

$495,000

1548 Dale Street, London East

3 bd·2 ba·700-1,100 sqft
429 Saul Street, London EastSold

$450,000

429 Saul Street, London East

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · East D

Buyer's marketBalancedSeller's market

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

$2,200

Rental yield

4.8%

Est. cash flow

-$1,380

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$134,241

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$566,947

Above Market

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