$499,900
For sale: Detached

Calling Investors! Welcome to 351 Fleming Drive, located within just minutes walking distance to Fanshawe College Main Campus. This fully licensed, 4-Level Back-Split Style property features over 2000 sq.ft of total living space, 5 bedrooms, 2 full bathrooms, a fully finished basement with an office, and a single-car garage with a double-wide private driveway. The irregular pie-shaped backyard is fully fenced with a side deck off the kitchen. Location can't be beat for investment, with close proximity to both Fanshawe College Main Campus, Z Building, 3M, General Dynamics, Trios College, numerous amenities, and the new Bus Rapid Transit (BRT), providing investors with long-term growth potential. Buyer to assume existing tenants, currently rented for $4,058.48 per month / $48,701 per year.
Sold data
Detached homes in London East (East D) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 778 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East D) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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