$889,900
$60,000236 Raymond Avenue, London, ON N6A 2N1
East B, London East,
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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+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!
- HoldoverDays: 60
- Architectural Style: Bungalow
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: North
- Tax Year: 2024
- Parking Features: Private
- ParkingSpaces: 6
- Parking Total: 6
- WashroomsType1: 1
- WashroomsType1Level: Flat
- WashroomsType2: 1
- WashroomsType2Level: Flat
- WashroomsType3: 1
- WashroomsType3Level: Flat
- BedroomsAboveGrade: 5
- BedroomsBelowGrade: 1
- Interior Features: Air Exchanger, Carpet Free, Water Heater Owned
- Basement: Unfinished
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- LaundryLevel: Main Level
- ConstructionMaterials: Brick, Vinyl Siding
- Roof: Asphalt Shingle
- Waterfront Features: River Access
- Sewer: Septic
- Foundation Details: Unknown
- Topography: Flat
- Parcel Number: 080790034
- LotSizeUnits: Feet
- LotDepth: 117.9
- LotWidth: 57.81
- PropertyFeatures: Cul de Sac/Dead End, Fenced Yard, Hospital, Lake/Pond, Park, Public Transit
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