190 Fleming Drive Unit 25, London East

Price: $399,000

5 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13247996

Welcome to Unit 25 - 190 Fleming Drive, a spacious end unit townhouse condo offering 3 + 2 bedrooms and 2.5 bathrooms in an unbeatable location. Situated directly across from Fanshawe College, this property is ideal for investors, those seeking strong rental potential and families alike. Step inside to a functional living space which features a generously sized kitchen and open concept living room, which leads to a quaint patio. Upstairs; three sizable, bright bedrooms and a full bath. A fully finished basement features two additional bedrooms and a full bath which adds incredible value, perfect for maximizing rental income or accommodating larger households. This unit includes one dedicated parking space. Enjoy the benefits of well-kept grounds and a professionally managed condo community, providing low-maintenance living in a highly desirable area. Located just steps from public transit, shopping, and everyday amenities, this property offers convenience and accessibility for tenants and owners alike. Whether you're expanding your portfolio or looking for a smart first investment, this property is one you won't want to miss!

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$399,000 - 190 Fleming Drive Unit 25, London East

Condo for Sale in London East

Popular Listing
5Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13247996
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
5
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
London East
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Description

Welcome to Unit 25 - 190 Fleming Drive, a spacious end unit townhouse condo offering 3 + 2 bedrooms and 2.5 bathrooms in an unbeatable location. Situated directly across from Fanshawe College, this property is ideal for investors, those seeking strong rental potential and families alike. Step inside to a functional living space which features a generously sized kitchen and open concept living room, which leads to a quaint patio. Upstairs; three sizable, bright bedrooms and a full bath. A fully finished basement features two additional bedrooms and a full bath which adds incredible value, perfect for maximizing rental income or accommodating larger households. This unit includes one dedicated parking space. Enjoy the benefits of well-kept grounds and a professionally managed condo community, providing low-maintenance living in a highly desirable area. Located just steps from public transit, shopping, and everyday amenities, this property offers convenience and accessibility for tenants and owners alike. Whether you're expanding your portfolio or looking for a smart first investment, this property is one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: London East

Discover London East

London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in London East

  • Convenient location in London East
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

190 Fleming Drive Unit 25, London East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,720/mo
Range: $3,162 - $4,278
Cap Rate (ROI)
7.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,720
Maintenance Fees-$780
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,574

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $333/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    190 Fleming Drive Unit 25, London East | $399,000 | Battaglia Team