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East D, London East
$495,000
Welcome to 342 Fleming Drive! This newly renovated 1995-built single-story bungalow sits proudly on a desirable corner lot, offering incredible versatility for both families and investors alike. Offering a functional and spacious layout, the 996-square-foot main floor features 2 bedrooms and 1 full bathroom, with the primary bedroom boasting a convenient walk-out door with direct access to the backyard. Downstairs, the finished 747-square-foot space of basement adds 3 additional bedrooms, a second full bathroom, and a fantastic designated space for an entertainment center, providing exceptional overall living space. Location is everything here, situated within easy walking distance to Fanshawe College, close to local elementary schools, and nearby public transit stops for a car-free commute. Completely move-in ready for the right owner, this property also offers the added value of a water heater rental to be bought out by the seller prior to closing. Whether you are searching for a wonderful home for a growing family or a high-demand investment property near campus, 342 Fleming Drive is a must-see!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,571 |
| Lot Size | 48.12 ft x 111.28 ft |
| mls© Number | X13821728 |
| Listed By | Real Broker Ontario Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,534
- Property tax
- $298
- Heat allowance
- $150
- Housing costs
- $2,981 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$92,000
gross annual household income
- Payment at 4%
- $2,083 / mo
- Cash down
- $99,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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