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$550K · 3+2 bed Detached · East D, London East | MyPropertyScout

$549,900

351 Fleming Drive

3+22TenantOccupied

Map

$549,900

B●●●○○DOM14days

351 Fleming Drive

London East · Ontario N5V 4Y6

MLS® X13435534 · East D · N5V 4Y6

3+22TenantOccupied1100-1500 ft²Detached1-car Attached14d$423/ft²Lot 32.6 x 155.7 ft< .50 ac$4,040 tax/yrBuilt 200323 yrs old

0% below market · 14 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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 pro…

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Property details

MLS#: X13435534
Status: Buy Now
Beds: 3+2
Baths: 2 full, 0 half
Size: 1100-1500
Style: Backsplit 4
Type: Detached
Year built: —

Roof: Shingles
Foundation: Poured Concrete
Other structures: Fence - Full
Property features: Rec./Commun.Centre, Park, Public Transit, School, Fenced Yard, Place Of Worship

Garage: 1-car Attached
Garage spaces: 1
Parking: 3 total
Lot: 32.62 × 155.7
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick, Vinyl Siding · Deck
Fronting on: North
Cross street: Fanshawe College Blvd. and Fleming Drive
Basement: Finished
Stories: —
Utilities: —
Laundry: —
Interior: Water Meter, Water Heater, Storage
Parking features: Private Double

Additional listing data

ListAOR: London and St. Thomas Association of REALTORS

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CENTURY 21 FIRST CANADIAN CORP

Source: TRREB/PROPTX · MLS® X13435534

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$550K

351 Fleming Drive · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $549,900✓ $4,040 tax✓ Gas✓ 1100-1500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,408/mo

incl. closing costs (yr 1)

Annual total

$52,898

year 1

Mortgage only

$2,086/mo

principal + interest

Beyond mortgage

$1,241/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$109,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$337/mo

Utilities

Hydro / electricity$91/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$91/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,499/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)47% $25,034/yr

Property taxes22% $11,513/yr

Utilities8% $4,152/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,499/yr

Closing costs10% $5,100/yr

Mortgage is 47% of your true cost of ownership. The other 53% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$25,034	$2,086/mo
Government & taxes
Property tax	$4,040	$337/mo
Land transfer tax(closing)	$7,473	$623/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,092	$91/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,499	$458/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,898	$4,408/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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351 Fleming Drive

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs