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$839,900
Ontario,London East (East B)
For Sale Active
231 RAYMOND AVENUE, London East (East B), Ontario N6A2W1
  • 6
  • 2
  • 1,100 Sqft
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12477966
  • Price: $839,900
  • Bedrooms: 6
  • Bathrooms: 2
  • Square Footage: 1,100 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 47312
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: Finished, Full, Separate entrance, N/A
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, London East (East B), N6A2W1
  • Street: RAYMOND
  • Street Number: 231
  • Street Suffix: Avenue
  • Longitude: W83° 28' 40.1''
  • Latitude: N40° 46' 28''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 30 x 125 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 5096
Powered by REALTOR.ca
Listing updated: 2025-10-28 02:51:40
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Listing Information
  • List Agent Key: 1504640
  • List Office Key: 47312
  • Modification Timestamp: 2025-10-24T14:05:11Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-10-24T13:52:48Z
Powered by REALTOR.ca
Listing updated: 2025-10-28 02:51:40

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