238 Fleming Drive

London East, ON N5V 4Y9

Exceptional Investment Opportunity Near Fanshawe College! Welcome to this spacious and well-maintained 5+1 bedroom, 4-level backsplit located in one of London's most desirable rental locations. Just a short 2-minute walk to Fanshawe College, this City of London licensed rental property offers outstanding income potential with a proven history of strong tenancy and virtually zero vacancy.Designed for maximum flexibility and future income growth, the layout offers excellent potential for 2 independent living units, making it an ideal opportunity for investors or multi-generational living. The upper level features 3 generously sized bedrooms and a 4-piece bathroom. The bright main floor showcases an open-concept design with a spacious great room, kitchen, dining, and breakfast area - perfect for comfortable shared living.The lower level includes a separate side entrance, 2 additional bedrooms, and a 3-piece bathroom, creating excellent potential for a secondary suite setup. The basement offers a sixth bedroom with brand-new flooring, plus additional laundry and storage rooms for added convenience.Recently refreshed with full interior painting and various updates throughout, this property is truly move-in ready. Additional features include a fully fenced backyard, attached single-car garage, and parking for 2 vehicles on the driveway. Strong rental potential with projected income exceeding $4,500/month (depending on use and future configuration). Conveniently located near public transit, shopping, restaurants, parks, and all major amenities.An exceptional turnkey income property in one of London's most sought-after rental locations.

Listing courtesy of RE/MAX ICON REALTY

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Last checked 2026-05-23 06:27 PM UTC