$499,900

For sale

322 FLEMING Drive, London East (East D) - Single Family for Sale

322 FLEMING Drive, London East (East D), Ontario, N5V4Y6

5 beds2 baths2 parking900 ft²33 × 105 ft (3,444 sq ft) lot sizeListed 17 days ago

Overview

This 5-bedroom, 2-bathroom home in London East is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 8% below the $542,900 median asking price in London East. It has been on the market 17 days, fresher than the London East average of 42 days.

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Description

Fantastic opportunity at 322 Fleming Drive! This detached 5-bedroom bungalow is perfectly located in Huron Heights, just minutes from Fanshawe College, schools, transit, and shopping. Ideal for first-time buyers, growing families, or investors looking for a high-yield property.The bright main floor features an open-concept living/dining area, a functional kitchen, 2 spacious bedrooms, and a full bath. Head downstairs via the separate private entrance to a fully finished lower level boasting a massive recreation room, a second full bath, and 3 additional bedrooms-each featuring its own closet!Complete with a private backyard, parking for 3 cars, and an unbeatable location. (id:66096)

Property Details

MLS®: X14091498
Property Type: Single Family
Zoning: R1-3
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 33 × 105 ft (3,444 sq ft)
Frontage: 33 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.11 x 3.04 meters
Dining room: 3.65 x 2.43 meters
Kitchen: 3.75 x 3.35 meters
Primary Bedroom: 3.96 x 3.35 meters
Bedroom 2: 3.09 x 2.97 meters
Bathroom

Lower level

Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

London East (East D) listings, avg age

42d

Price / ft²

$555

List price

$500K

Haho

This 5-bed single family in London East (East D) has been listed for 17 days, which is 25 days fresher than the city average of 42. Act while there is still low competition.

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Listed by KING REALTY INC. · MANINDER BHATIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5V)

This home lists at $499,900, about 6.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $74,500
Population: 32,961
Median age: 36.4
Owner / renter: 62% / 38%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N5V)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$281/mo

Total monthly$2,914

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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