3 Beds 2 Bath

231 RAYMOND Avenue, London East, ON N6A 2W1

London East N6A 2W1 Ontario

MLS: X12477966

$839,900

Added 7 hours ago | For Sale

Listed by: SUTTON GROUP - SELECT REALTY

About Property

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).

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 30 X 125
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Richmond St
  • Basement:Finished,Full,Separate Entrance , Finished,Full,Separate Entrance
  • Possession Date:Flexible
  • Annual Property taxes: $5096
  • Bedrooms:3 +3
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12477966

Level Type Features Dimensions
Main Living Room 14 ft, 3 in x 11 ft, 11 in
Kitchen 9 ft, 1 in x 11 ft, 11 in
Dining Room 10 ft, 8 in x 11 ft, 11 in
Bedroom 10 ft, 1 in x 9 ft, 9 in
Bedroom 11 ft, 5 in x 9 ft, 9 in
Bedroom 9 ft, 11 in x 9 ft, 9 in
Basement Bedroom 13 ft, 6 in x 8 ft, 7 in
Bedroom 13 ft, 2 in x 12 ft, 4 in
Bedroom 12 ft, 1 in x 8 ft, 9 in
Study 9 ft, 11 in x 8 ft, 10 in
Laundry 12 ft, 10 in x 12 ft, 4 in

No property rooms available.

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