238 Fleming Drive · London, N5V 4Y9
MLS® X13729672
Listed Aug 31, 2026
Listing courtesy of Re/max Icon Realty·Listing last changed Sep 1
Key facts
- Property type
- Detached
- Square footage
- 1,500-2,000 sqft
- Lot size
- 32.82 × 117.33 ft
- Age
- 16-30 years
- Parking
- 3 spaces
- Property tax
- $3,889/yr (2026)
Description
INVESTMENT OPPORTUNITY STEPS FROM FANSHAWE COLLEGE! Licensed Rental Property in one of London's most sought-after rental locations. This spacious 4-level back-split offers 5+1 bedrooms, 2 full bathrooms, a separate side entrance, and a versatile multi-level layout ideal for investors seeking strong rental potential. The main level features a bright open-concept living, dining, and kitchen area. Upstairs offers 3 bedrooms and a 4-piece bathroom, while the lower level features 2 additional bedrooms, a 3-piece bathroom, and private side entrance. The basement provides a 6th bedroom with newer flooring, plus dedicated laundry and storage areas. Freshly painted with numerous updates, the property also features a fully fenced backyard, attached garage, and additional driveway parking. The layout offers excellent potential for two units, subject to buyer verification and applicable approvals. Conveniently located near Fanshawe College, public transit, shopping, restaurants, and everyday amenities. Aggressively priced for today's market-an excellent opportunity to add a licensed rental property to your investment portfolio! Photos were taken prior to the current tenant moving in.
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Property details
Interior
- Size
- 1,500-2,000 sqft
- Bedrooms
- 5 above grade, 1 lower level
- Rooms
- 10 rooms
- Bathrooms
- 1 × 4-piece on Second, 1 × 3-piece on Lower
- Basement
- Full, Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Backsplit 4
- Age
- 16-30 years
- Lot size
- 32.82 × 117.33 ft
- Exterior
- Concrete, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Built-In
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,889/yr (2026)
Rooms
Main
- Kitchen
- 3.86 × 3.18 m
- Living Room
- 4.7 × 3.03 m
- Dining Room
- 3.93 × 3.16 m
Second
- Bathroom
- 1.66 × 3.4 m
- Primary Bedroom
- 4.46 × 3.4 m
- Bedroom 2
- 3.49 × 3.18 m
- Bedroom 3
- 3.06 × 2.82 m
Lower
- Bathroom
- 1.84 × 1.9 m
- Bedroom 5
- 4.94 × 3.26 m
- Bedroom 4
- 4.34 × 3.33 m
Basement
- Laundry
- 3.41 × 2.94 m
- Bedroom
- 5.71 × 3.7 m
- Other
- 2.28 × 3.7 m
Estimated value range
$516K to $570K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Location & neighbourhood
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Schools nearbyclosest is Forest City Public School Public School, 740 m
Elementary
- 4.8
Forest City Public School Public School
740 m · Grades JK-8
Thames Valley District School Board
- 5.8
Evelyn Harrison Public School
770 m · Grades JK-8
Thames Valley District School Board
Robarts Provincial School for the Deaf
1.1 km · Grades JK-8
Provincial
Secondary
Robarts Provincial School for the Deaf
1.1 km · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
1.1 km · Grades 9-12
Provincial
- 3.3
John Paul II Catholic Secondary School
1.2 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,230/mo all in
Monthly payment estimate
Land transfer tax$7,333 on closing
Ontario LTT
$7,333
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Sep 1, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold107 Roehampton Avenue, London East
Sold282 Fleming Drive, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 97.1% of asking.
Avg. sold price
$515,233
Sale-to-list ratio
97.1%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $134,000 household income
Minimum household income required
$134,000
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.
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