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$499,900

Est. $2,342/mo mortgage

3bd·2ba·1,100-1,500sqft

351 Fleming Drive · London East, N5V 4Y6

MLS® X13435534

104 days on market104 days on market

Listed Jun 12, 2026

Listing courtesy of Century 21 First Canadian Corp·Updated Sep 10

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.

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Property details

Interior

Size
1100-1500 sqft
Rooms
9 rooms
Bathrooms
1 × 4-piece on Upper, 1 × 3-piece on Lower
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Backsplit 4
Age
16-30 years
Lot size
32.62 × 155.7 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private Double (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$4,040/yr (2025)

AI property estimate

$585,500Estimate is ~17.1% above asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$526,950$644,050

73% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Huron Heights

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Monthly paymentest. $2,997/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$301
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,997
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

$4,000

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

Price & listing history

$499,900

Listed Jun 12, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

93 Goldwick Crescent, London EastSold

93 Goldwick Crescent, London East

3 bd·3 ba·1,500-2,000 sqft
107 Susan Avenue, London EastSold

107 Susan Avenue, London East

2 bd·1 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in Huron Heights

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 99.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$563,417

Sale-to-list ratio

99.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $124,000 household income

Minimum household income required

$124,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,450/mo median for 3 bed nearby

$2,450/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 39 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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