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    For Sale - 236 Raymond Avenue, London East, Ontario

    Est payment $3,693/mo
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    Time on Jump  1 days

    AI Summary *

    • 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

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    Listing Agency:  CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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