Property Details

21-190 Fleming Drive, London East

$ 435,000

Description

Turnkey investment generating over 6% Cap rate! 2mins walk across the street to Fanshawe College Main Campus and 5 minutes walk to convenience stores and restaurants. Currently set up as student rental with 5 bedrooms fully rented till August 31 2025. Current total rent is 3425$/month. 3 bedrooms on the second floor with a full bathroom, 2 bedrooms in the lower level with large windows and a full bathroom. Spacious living room and dining area and updated kitchen on the main level. Appliances included, and water heater owned. A/C newly replaced in 2021. Fully renovated in 2022. Video tour and cashflow breakdown are available upon request. Great investment opportunity!

Additional Details

  • Unit No.
    21
  • Community
    East D
  • Approx Sq Ft
    1400-1599
  • Building Type
    Condo Townhouse
  • Building Style
    2-Storey
  • Taxes
    $2705.78 (2024)
  • Garage Type
    None
  • Parking Space
    1
  • Air Conditioning
    Central Air
  • Heating Type
    Forced Air
  • Kitchen
    1
  • Basement
    Finished, Full
  • Pets Permitted
  • Condo Inclusives
    Heat Included, Hydro Included, Common Elem. Included , Cable TV Includeded, Condo Tax Included, Building Insurance Included, Water Included, CAC Included, Parking Included
  • Listing Brokerage
    CENTURY 21 FIRST CANADIAN CORP

Features

Location

190 Fleming Drive , London East, ON N5V 5B8

Nearby Schools

Source: Schools information and student demographics
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

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Listing Brokerage

  • CENTURY 21 FIRST CANADIAN CORP

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

K
Katherine House
Katherine House
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