Homes for Sale in London, Ontario
282 Fleming Drive
London East, N5V 4Y7·MLS® X13540860·
Listing courtesy of Nu-vista Pinnacle Realty Brokerage INC·Updated 4 hours ago
Listing price
$469,900
Est. $2,238/mo
Days on market
Listed Jul 8, 2026
Description
Prime Investment Opportunity Near Fanshawe College!Welcome to this well-maintained home in a highly sought-after investment location, just a short walk to Fanshawe College, Stronach Community Centre, grocery stores, restaurants, convenience stores, and public transit. Built in 1996, this property offers exceptional potential for investors and homeowners alike.The bright main floor features an open-concept layout with a spacious great room, functional kitchen, and breakfast area, creating a comfortable space for everyday living and entertaining.The second level offers three generously sized bedrooms, while the finished lower level includes One additional bedrooms and a three-piece bathroom, providing excellent flexibility for extended family, guests, or rental income.Located in one of London's strongest student rental markets, rooms in the Fanshawe area typically rent for approximately $700-$900 per month, making this property an attractive opportunity for those seeking strong cash flow potential.Whether you're looking to expand your investment portfolio or purchase a home in a high-demand neighbourhood, this property offers outstanding value, location, and income potential. Don't miss this fantastic opportunity!
Property details
Basement
Finished
Parking
3 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
78% confidence · 28 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,873
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
Create a free account to unlock premium data.
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
$1,880
Rental yield
4.8%
Est. cash flow
-$1,215
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$116,065
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$387,000
Connect with an agent
By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.
Get notified about similar homes
New detached listings in East D.