338 FLEMING Drive
London, Ontario
5 bed • 2 bath • Single Family
Welcome to this spacious three bedroom home located just 750 metres from Fanshawe College. A key highlight of this property is the fully finished basement with its own separate entrance, offering excellent potential for additional living space or rental income. It is currently leased at $3,130 per month to reliable tenants who are open to staying. Vacant possession can be arranged if desired. This home is an ideal opportunity for investors, extended families, or homeowners looking for mortgage support. The layout is practical and well maintained, featuring two full kitchens and two full bathrooms. The main level offers bright living space, a full kitchen, and comfortable bedrooms with plenty of natural light. The lower level is completely self contained with two bedrooms, a full kitchen, a full bathroom, and its own private entrance, providing privacy and flexibility for extended family or tenants. With three parking spaces, there is ample room for multiple vehicles. Being within walking distance to Fanshawe College makes this property especially attractive for student rental demand and long term investment potential. Conveniently located close to schools, parks, shopping, public transit, and everyday amenities, this home offers exceptional value in a high demand area. Whether you choose to live in one portion while generating income from the other or expand your investment portfolio, this property presents a rare and versatile opportunity.
Price History
Schools
Elementary
- Evelyn Harrison Public School0.6 km
Public · Thames Valley DSB · 270 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Forest City Public School Public School0.9 km
Public · Thames Valley DSB · 345 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 19% met the provincial standard
- École élémentaire catholique Ste-Jeanne-d'Arc0.9 km
French Catholic · Conseil scolaire catholique Providence · 410 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 52% met the provincial standard
Secondary
- Robarts Provincial School for the Deaf1.2 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Secondary School1.2 km
Provincial · Provincial and Demonstration Schools
- John Paul II Catholic Secondary School1.3 km
Catholic · London District Catholic School Board · 940 students
Grade 10 literacy: 71% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5V
- Population
- 32,961
- Private dwellings
- 13,236
- Median age
- 36.4
- Average household size
- 2.6
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of single family properties in London over the last 12 months.
Location
Mortgage Calculator
$103,980
Estimated Monthly Payment
$2,554
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,554/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $130/mo
Estimates only. Consult a financial advisor.
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