236 Raymond Avenue, London East, ON N6A 2N1 (MLS # X12238331)
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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 bedrooms and 1 family room (can convert to the 6 bedroom or provides an excellent space for a home office) 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. 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!
| DAYS ON MARKET | 1 | LAST UPDATED | 6/22/2025 |
|---|---|---|---|
| TRACT | East B | YEAR BUILT | 0 |
| COMMUNITY | East B | COUNTY | Middlesex |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Irregular Lot, Level, Waterfront |
| LOT DIMENSIONS | 58.66x117.9 |
| POOL DESCRIPTION | None |
| STYLE | Bungalow-Raised |
| SUBDIVISION | East B |
| TAXES | 5474 |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods, Forest, River |
| WATER ACCESS | Thames River |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | River Front, Waterfront Access |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with CENTURY 21 FIRST CANADIAN CORP
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