Address: 231 RAYMOND AVENUE, London East (East B) FOR SALE Postal Code: N6A2W1 Style: Detached Type: Single Family House Bedrooms: 6 Bathrooms: 2 Bedrooms Aboveground: 3 Bedrooms Belowground: 3 Parking: No Garage Garage: No Garage Lot Size: 30 ft x 125 ft Property Size: 30 x 125 FT Stories: 1.5
About 231 Raymond Avenue
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:56071). Get more information on 231 Raymond Avenue
Property Features
Appliances: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator Features: Flat site, Dry, Carpet Free Landscape: Landscaped Rental Equipment: Water Heater Directions: Cross Streets: Richmond St. ** Directions: South on Richmond St, Right onto Raymond Ave close to Western University. Zoning Description: R1-5 Interior Size: 700 - 1100 sqft Lot: 30 x 125 FT|under 1/2 acre 30 x 125 FT Exterior Finish: Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / None Age: Foundation: Concrete Basement: N/A (Finished), Full, N/A Finished
Rooms & Sizes
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
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
Brokered by: Century 21 Heritage House Ltd Brokerage
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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