For Sale - 236 Raymond Avenue, London East, Ontario

Est payment $3,693/mo
Views   1
Time on Jump  49 day
  • Riverfront property with a corner lot and great location near universities.
  • Spacious home with 5 bedrooms and flexible family room or office space.
  • Rare 6-car concrete driveway provides ample parking for residents and guests.
  • Beautifully designed Japanese garden in a fully fenced backyard for relaxation.
  • Potential for $5,500 monthly rental income from multiple living units.



This exceptional riverfront corner freehold high raised bungalow house presents a rare opportunity for both investors and homeowners. Located just 3 minutes from king's university & uwo main campus, this well-maintained property offers a perfect blend of tranquility, convenience, and income potential. The home features 5 bedrooms and 1 family room (can convert to the 6 bedroom or provide an excellent space for a home office) and 3 full bathrooms, making it an ideal residence for a large family or a lucrative rental investment. 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 with beautiful stones. 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. Roof age (2007); roof heater wires (2026). Efficiency furnace & a/c (2021), owned hot water tank (2020), making life easier for homeowners.
Listing IDX12876758
Address236 Raymond Avenue
CityLondon East, Ontario
Price$769,000
Bed / Bath5 / 3 Full
StyleBungalow-Raised, Detached
ConstructionVinyl Siding, Brick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet Free, In-Law Suite, Water Heater Owned, Water MeterAmenities Fenced Yard, Park, Public Transit, River/Stream, School, WaterfrontOwnership FreeholdWaterfront IndirectBasement UnfinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  CENTURY 21 FIRST CANADIAN CORP

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236 Raymond Avenue
London East , Ontario
5 3 $769,000
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