Investment opportunity steps from fanshawe college! Licensed Rental Property in one of London's most sought-after rental locations. This spacious 4-level back-split offers 5+1 bedrooms, 2 full bathrooms, a separate side entrance, and a versatile multi-level layout ideal for investors seeking strong rental potential. The main level features a bright open-concept living, dining, and kitchen area. Upstairs offers 3 bedrooms and a 4-piece bathroom, while the lower level features 2 additional bedrooms, a 3-piece bathroom, and private side entrance. The basement provides a 6th bedroom with newer flooring, plus dedicated laundry and storage areas. Freshly painted with numerous updates, the property also features a fully fenced backyard, attached garage, and additional driveway parking. The layout offers excellent potential for two units, subject to buyer verification and applicable approvals. Conveniently located near Fanshawe College, public transit, shopping, restaurants, and everyday amenities. Aggressively priced for today's market-an excellent opportunity to add a licensed rental property to your investment portfolio! Photos were taken prior to the current tenant moving in.
5 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $362 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 238 Fleming Dr
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 4
Living space
1500-2000 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Separate Entrance
Lot & land
Lot size (sqft)
3842.71
Listing & possession
Property style
Backsplit 4
Property class
Detached
238 Fleming Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13729672$542,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 238 Fleming Dr Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,667
/mo
based on the purchase price of $542,900
$108,580 cash
$434,320 financed
$365,811 total interest
Principal54%$434,320
Interest46%$365,811
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 4–5 bed homes for sale in London around $543K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,476Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 238 Fleming Dr
How much is 238 Fleming Dr listed for?
238 Fleming Dr is listed at $542,900 (MLS® X13729672). Summitly updates the price as soon as the MLS® record changes.
Is $542,900 a good price for 238 Fleming Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 238 Fleming Dr changed?
No — 238 Fleming Dr is still listed at its original asking price of $542,900.
How many bedrooms and bathrooms does 238 Fleming Dr have?
238 Fleming Dr has 5 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 238 Fleming Dr?
About $2,667 a month — principal and interest on $542,900 with 20% down ($108,580), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 238 Fleming Dr compare with other homes in London?
Its asking price of $542,900 is about 3% below the median sold price in London over the last 90 days, $560,000, across 1,772 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 238 Fleming Dr been sold before?
Summitly has no earlier MLS® sale or lease of 238 Fleming Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 238 Fleming Dr?
238 Fleming Dr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 238 Fleming Dr been on the market?
52 days — 238 Fleming Dr was listed on August 31, 2026.
What is the price per square foot of 238 Fleming Dr?
About $271 to $362 per square foot: the asking price of $542,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 238 Fleming Dr have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 238 Fleming Dr have a basement, and is it finished?
The listing describes the basement as: Full, Separate Entrance.
