231 Raymond Ave

For Sale New 6 hours
$839,900
6 beds
2 baths

231 Raymond Ave

For Sale New 6 hours
$839,900
6 beds
2 baths

Highlights

Key insights

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). (id:63267)

STACY ANASTASIADIS of SUTTON GROUP - SELECT REALTY,
#X12477966
updated 6 hours ago.
Houseful checked MLS® for data 6 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    None
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    4
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    6
Location
  • Subdivision
    East b
  • Directions
    2235624
Lot/ Land Details
  • Lot desc
    Landscaped
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12477966
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Laundry
    3.91m X 3.75m
    Level: Basement
  • Bedroom
    3.68m X 2.67m
    Level: Basement
  • Bedroom
    4.12m X 2.62m
    Level: Basement
  • Study
    3.03m X 2.69m
    Level: Basement
  • Bedroom
    4.02m X 3.77m
    Level: Basement
  • Bedroom
    3.03m X 2.98m
    Level: Main
  • Bedroom
    3.48m X 2.98m
    Level: Main
  • Bedroom
    3.08m X 2.98m
    Level: Main
  • Living room
    4.35m X 3.63m
    Level: Main
  • Kitchen
    2.77m X 3.63m
    Level: Main
  • Dining room
    3.24m X 3.63m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29023419/231-raymond-avenue-london-east-east-b-east-b
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-2,240

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25 Years fixed, 20% down payment, % interest
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