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. (id:46416)
| MLS® Number | X13161064 |
| Property Type | Single Family |
| Community Name | East D |
| Equipment Type | Water Heater |
| Features | Sump Pump |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Appliances | Garage Door Opener Remote(s), Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | Full, N/a, N/a (finished) |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Backsplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1500 - 2000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 117 Ft ,3 In |
| Size Frontage | 32 Ft ,9 In |
| Size Irregular | 32.8 X 117.3 Ft |
| Size Total Text | 32.8 X 117.3 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.46 m | 3.4 m | 4.46 m x 3.4 m |
| Second Level | Bedroom 2 | 3.49 m | 3.18 m | 3.49 m x 3.18 m |
| Second Level | Bedroom 3 | 3.06 m | 2.82 m | 3.06 m x 2.82 m |
| Second Level | Bathroom | 1.66 m | 3.4 m | 1.66 m x 3.4 m |
| Basement | Bedroom | 5.71 m | 3.7 m | 5.71 m x 3.7 m |
| Basement | Laundry Room | 3.41 m | 2.94 m | 3.41 m x 2.94 m |
| Basement | Other | 2.28 m | 3.7 m | 2.28 m x 3.7 m |
| Lower Level | Bedroom 4 | 4.34 m | 3.33 m | 4.34 m x 3.33 m |
| Lower Level | Bedroom 5 | 4.94 m | 3.26 m | 4.94 m x 3.26 m |
| Lower Level | Bathroom | 1.84 m | 1.9 m | 1.84 m x 1.9 m |
| Main Level | Dining Room | 3.93 m | 3.16 m | 3.93 m x 3.16 m |
| Main Level | Living Room | 4.7 m | 3.03 m | 4.7 m x 3.03 m |
| Main Level | Kitchen | 3.86 m | 3.18 m | 3.86 m x 3.18 m |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/29790134/238-fleming-drive-london-east-east-d-east-d
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