231 Raymond Ave

London East, ON N6A 2W1
  • $839,900

    Price
  • 6

    Bed
  • 2

    Bath
  • 700

    SqFt

About the Listing 798000 -

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).

Listing Highlights for 231 Raymond Ave

Status Active
Days on Site 12
Property Type Residential
MLS ® X12477966
Year Built
Total Square Footage 700
Lot/Acreage N/A
County Middlesex
Neighborhood East B

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full,Separate Entrance
  • Other: Water Heater,Carpet Free
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof: Asphalt Shingle
  • Others: Deck,Landscaped,Patio
  • Sewer: Sewer
  • Parking Features: Front Yard Parking

Financial Details

  • Tax Amount: $5,096
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 080790044
  • Tax Year: 2025

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231 Raymond Ave London East, ON N6A 2W1

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