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

236 Raymond Ave, London, Ontario N6A 2N1

Detached
5 + 1
3
~1100-1500 sqft
$•••,•••
$889,900
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Detached
5 + 1
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$701/sqft

Est. Mortgage$3,822/mo

Tax Amount (2024)$5,474/yr

Days On Market123 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

Br

2.54 x 2.62

Carpet Free

2nd Br

2.77 x 2.71

Carpet Free

3rd Br

2.74 x 2.74

Carpet Free

4th Br

2.74 x 2.83

carpet free / W/I Closet


Features

Lot size: 6,815 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Feb 12, 2025
ListedActive
$889,900
123 days on market
history photo preview37
Listing by trreb®
Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage

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Market Data - North London

Geo Zone Map ThumbnailNorth London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

17 days

Compared to

2024

23 days

2023

24 days

2022

10 days

New Listings

Past 30 days

25 listings

Compared to

2024

23 listings

2023

17 listings

2022

31 listings

Units sold

Past 30 days

10 units

Compared to

2024

8 units

2023

9 units

2022

14 units

Median Sold Price

Past 30 days

$980,000

Compared to

2024

$742,500

2023

$800,000

2022

$828,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget