222 Fleming Drive
London East, N5V 4Y9·MLS® X13472064·
Listing courtesy of Re/max Gold Realty INC.·Updated 6 hours ago
Listing price
$645,000
Est. $3,072/mo
Days on market
Listed Jun 21, 2026
Description
Don't miss this fantastic detached home backing on to park, Perfectly located next to Fanshawe College, restaurants, grocery stores, and bus stops! This property features 3 spacious bedrooms and a newly updated 4-piece bathroom on the second floor. The main floor boasts with new pot lights, an open-concept layout with a great room, kitchen, and breakfast area, offering plenty of space for family living and entertaining. This property features a finished basement with a separate legal side entrance, offering excellent potential for rental income. It includes 2 additional bedrooms, New vinyl flooring, a newly renovated full bathroom, and a kitchenette-perfect for an in-law suite or tenant setup. House was previously rented for approximately $3,500 per month plus utilities, the whole property is currently vacant and ready for immediate occupancy or investment. Additional highlights include a single-car garage and parking for two more vehicles in the driveway. This is an excellent opportunity for investors or homeowners looking for a high-demand location!
Property details
Garage
1 car Attached
Basement
Finished, Separate Entrance
Parking
3 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$9,375
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$380,000
65 Tewksbury Crescent, London East
Sold$430,000
1026 Chippewa Drive, London East
See all 10 comparables
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Market conditions · East E
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
$2,580
Rental yield
4.8%
Est. cash flow
-$1,575
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$155,802
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$645,000
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