Unknown for 236 Raymond Ave, London Ontario N6A 2N1
10 days on Market

236 Raymond Ave, London, Ontario N6A 2N1

Detached
5 + 1
3
~1100-1500 sqft
$949,900
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Detached
5 + 1
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$748/sqft

Est. Mortgage$4,079/mo

Tax Amount (2024)$5,474/yr

Days On Market10 days


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!


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size6,815 SqFt(117.9 x 57.81)
Parking Spaces6
MLS ®NumberX11968983
Community NameNorth London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Flat Floor

2nd Br

2.77 x 2.71

3rd Br

2.74 x 2.74

4th Br

2.74 x 2.83

W/I Closet

5th Br

2.93 x 2.99


Features

Lot size: 6,815 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Feb 12, 2025
ListedActive
$949,900
10 days on market
history photo preview37
Listing by trreb®
Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Population and Demographics

Overview

Total population 9916
Average household income $144,067

Age (%)

20 to 34
30%
65 and plus
21%
50 to 64
17%
0 to 19
17%
35 to 49
16%

Household composition (%)

Single family
49%
Single person
39%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
86%
Others
8%
Spanish
2%
Mandarin
1%
Arabic
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget