236 Raymond AVE Active Save Request In-Person Tour Request Virtual Tour
London,ON N6A 2N1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision East B
MLS Listing ID X11968983
Style Bungalow
Bedrooms 5
Annual Tax Amount $5,474
Tax Year 2024
Property Sub-Type Detached
Property Description
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!
Location
State ON
County Middlesex
Community East B
Area Middlesex
Rooms
Family Room Yes
Basement Unfinished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Air Exchanger,Carpet Free,Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 57.81
Lot Depth 117.9
Total Parking Spaces 6
Building
Unit Features Cul de Sac/Dead End,Fenced Yard,Hospital,Lake/Pond,Park,Public Transit
Foundation Unknown
Others
Security Features Smoke Detector