231 Raymond Avenue, London East, Ontario N6A 2W1

Listed for:
$839,900
6 beds
2 baths
Listed 25 days ago
House for rent: 231 Raymond Avenue, London East, Ontario N6A 2W1

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Learn more about this property
Listing provided by:
SUTTON GROUP - SELECT REALTY
MLS® number:
X12477966
Agent:
Stacy Anastasiadis
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About

Cross Streets: Richmond St. ** Directions: South on Richmond St, Right onto Raymond Ave close to Western University. 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:27476)

Property Highlights

MLS® Number
X12477966
Type
Single Family
Community Name
East B
Ownership Type
Freehold
Land Size
30 x 125 FT|under 1/2 acre
Parking Space Total
4

Building

Building Type
House
Storeys
1.50
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
6
Amenities
Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A (Finished), Full, N/A
Basement Features
Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Study
Basement
3.03 m x 2.69 m
Laundry room
Basement
3.91 m x 3.75 m
Bedroom
Basement
4.12 m x 2.62 m
Bedroom
Basement
4.02 m x 3.77 m
Bedroom
Basement
3.68 m x 2.67 m
Living room
Main level
4.35 m x 3.63 m
Kitchen
Main level
2.77 m x 3.63 m
Dining room
Main level
3.24 m x 3.63 m
Bedroom
Main level
3.08 m x 2.98 m
Bedroom
Main level
3.48 m x 2.98 m
Bedroom
Main level
3.03 m x 2.98 m

Location

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