North London231 RAYMOND Ave

Unknown for 231 RAYMOND Ave, London East Ontario N6A 2W1

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22 days on Market

231 RAYMOND Ave, London East, Ontario N6A 2W1

Detached

3 + 3

~700-1100 sqft

Directions Street View

$839,900

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$4,200Cashback

Detached

3 + 3

~700-1100 sqft

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Highlights

Property Estimate

Days on market22 days

Estimated valueNot available

Price/Sqft$981/sqft

Monthly cost

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+11

Properties sold*

$690K

Median sold price*

*Based on last 30 days

Description

RARE INVESTMENT OPPORTUNITY! Licensed 6-bedroom, 2-bathroom home located directly across from Western University. Currently leased as a single tenancy for $5,200/month plus all utilities, offering an impressive 6.5% CAP rate after expenses. This well-maintained property has seen numerous updates within the past five years, including: New doors and windows (July 2020) New furnace (Dec 2024) New water heater (Feb 2025 - rental) Custom kitchen renovation (May 2025) Complete bathroom updates - new showers, vanities, toilets, and flooring New washer and dryer (2020) New stove (2024) Excellent location, strong rental income, and a turn-key setup make this an exceptional opportunity for investors or parents of students alike. Don't miss out on this rare offering just steps from campus! (POTENTIAL ADDITIONAL PARKING IN BACK DUE TO CITY EASEMENTS AT REAR OF PROPERTY TO BE CONFIRMED BY BUYER).

Property Details

Style1 1/2 Storey

View-

Age of property-

SqFt~700-1100 SqFt

Lot Size3,750 SqFt(125 x 30)

Parking Spaces4

MLS ®NumberX12477966

Community NameNorth London

Data SourceTRREB

Listing bySUTTON GROUP - SELECT REALTY

Interior

Features

Heating: Forced Air

Basement: Finished, Full

Main Floor

Living

4.35 x 3.63

Kitchen

2.77 x 3.63

Dining

3.24 x 3.63

Br

3.08 x 2.98

Exterior

Features

Lot size: 3,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4

Property History

Sales historyTax history

Oct 23, 2025

ListedActive

$839,900

Listing by trreb®

22 days on market

Listing by trreb®

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Overview

Total population 9916

Average household income $144,067

Age (%)

0 to 19

17%

20 to 34

30%

35 to 49

16%

50 to 64

17%

65 and plus

21%

Household composition (%)

Single family

49%

Single person

39%

Multi person

12%

Multi family

Mother tongue (%)

English

86%

Others

Spanish

Mandarin

Arabic

House tenancy (%)

Renters

52%

Owners

48%

What’s nearby?Essentials within 5 km

Points of interestSchools

231 RAYMOND Ave, London East, Ontario N6A 2W1