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:52373)
| MLS® Number | X12477966 |
| Property Type | Single Family |
| Community Name | East B |
| Amenities Near By | Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Flat Site, Dry, Carpet Free |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Deck, Patio(s) |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished), Full, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 125 Ft |
| Size Total Text | 30 X 125 Ft|under 1/2 Acre |
| Zoning Description | R1-5 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Study | 3.03 m | 2.69 m | 3.03 m x 2.69 m |
| Basement | Laundry Room | 3.91 m | 3.75 m | 3.91 m x 3.75 m |
| Basement | Bedroom | 4.12 m | 2.62 m | 4.12 m x 2.62 m |
| Basement | Bedroom | 4.02 m | 3.77 m | 4.02 m x 3.77 m |
| Basement | Bedroom | 3.68 m | 2.67 m | 3.68 m x 2.67 m |
| Main Level | Living Room | 4.35 m | 3.63 m | 4.35 m x 3.63 m |
| Main Level | Kitchen | 2.77 m | 3.63 m | 2.77 m x 3.63 m |
| Main Level | Dining Room | 3.24 m | 3.63 m | 3.24 m x 3.63 m |
| Main Level | Bedroom | 3.08 m | 2.98 m | 3.08 m x 2.98 m |
| Main Level | Bedroom | 3.48 m | 2.98 m | 3.48 m x 2.98 m |
| Main Level | Bedroom | 3.03 m | 2.98 m | 3.03 m x 2.98 m |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29023419/231-raymond-avenue-london-east-east-b-east-b
Contact us for more information
Stacy Anastasiadis
Salesperson
(519) 433-4331
Louise Anastasiadis
Salesperson
(519) 433-4331
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