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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!
Existing Fridge, stove, washer, dryer, dishwasher.
City: London East
Neighborhood: East D
Purchase Price | $435000 |
Down Payment | $87000 |
Mortgage Insurance | $0 |
Total Mortgage | $348000 |
Mortgage Payment | $2144 |
Property Taxes | $226 |
Maintenance Fees | $376 |
Monthly Payment | $2746 |
Sold Comparables homes near 190 Fleming Dr, Unit #21, London East
Located at 190 Fleming Dr Unit #21, this London East condo is available for sale. This property was listed for $435,000 on Tue May 13 2025. This condo's size is 1400-1599 Sqft. It has 3 bedrooms and 3 bathrooms. Monthly maintenance is $376 per month and taxes are approximately $2,706 annually. Views are to the East from this property. Step outside onto the open balcony. The property includes the following rooms: Br, 2nd Br, 3rd Br, Kitchen, Dining, Living, 4th Br, 5th Br, null. This property comes with 1 parking spots. This property also comes with a locker. 190 Fleming Dr, London East is situated in the East D neighbourhood.
MLS#: X12143657 · $435,000 · 3 bedroom condo in East D, London East