236 Raymond Avenue, London, Ontario

$889,900

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6

Beds

3

Baths

About 236 Raymond Avenue

This exceptional river-front corner Freehold house presents a rare opportunity for both investors and homeowners. Located just 3 mints from Kings University & UWO main campus, this well-maintained property offers a perfect blend of tranquility, convenience, and income potential. The home features 5+1 bedrooms and 3 full bathrooms, making it an ideal residence for a large family or a lucrative rental investment. The furnace and A/C were updated 4 years ago, and the owned hot water tanks are 5 years old. A highlight of this property is the 6-car driveway with a durable concrete surface, a rare find in this area. The fully fenced backyard features a beautifully designed Japanese garden, offering a private and peaceful retreat. Inside, the home's sun-filled family room provides an excellent space for a home office, further enhancing its versatility. With updated electrical systems and 3 separate entrances, featuring a studio unit, a 3-bedroom unit, and a 2-bedroom unit. This configuration offers an excellent opportunity for generating additional income while maintaining a comfortable living space. The estimated monthly rental income is approximately $5,500, making it an attractive option for investors. A short 2-minute walk leads to the scenic Thames River and several parks, providing beautiful outdoor spaces for relaxation. The home is also located within the highly sought-after school zones of Old North Public School and Banting Secondary School, making it a great choice for families. This property's combination of prime location, income potential, and excellent condition makes it a truly exceptional investment. Don't miss the chance to make it yours, schedule a private viewing today! (id:36535)

Features of 236 Raymond Avenue

Listing # X11968983
Price $889,900
Bedrooms 6
Bathrooms 3.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 236 Raymond Avenue
Subdivision East B
City London
Province Ontario
Postal Code N6A2N1

Amenities

Amenities Hospital, Park, Public Transit
Features Cul-de-sac, Irregular lot size, Flat site, Carpet Free
Parking Spaces 6
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Water Heater, Dishwasher, Dryer, Microwave, Oven, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning, Air exchanger
Fireplace No
# of Stories 1
Has Basement No
Basement Type N/A (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick, Vinyl siding
Lot Description 57.8 x 117.9 FT
Foundation Unknown

Listing Details

OfficeCourtesy Of REBECCA SUN Of CENTURY 21 FIRST CANADIAN CORP

Listing Map