REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Oct

Sat

Oct

Sun

Oct

Tina Larsen

tina@larsenrealtyteam.com +1(416) 676-8598

$ 839,900

Est. payment -/mo

Save Virtual Tour

New

231 RAYMOND AVE London East, ON N6A 2W1

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East B

MLS Listing ID X12477966

Style 1 1/2 Storey

Bedrooms 6

Annual Tax Amount $5,096

Tax Year 2025

Property Sub-Type Detached

Property 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).

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Zoning R1-5

Rooms

Family Room No

Basement Finished, Full, Separate Entrance

Kitchen 1

Separate Den/Office 3

Interior

Interior Features Water Heater, Carpet Free

Cooling None

Inclusions Fridge, stove, washer, dryer, dishwasher

Exterior

Exterior Feature Deck, Landscaped, Patio

Parking Features Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 125.0

Total Parking Spaces 4

Building

Foundation Concrete

New Construction false

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/231_raymond_ave_london_on/

Listed by SUTTON GROUP - SELECT REALTY