236 Raymond Ave

London | East B | N6A 2N1
  • 5 + 1
  • 3
  • 0

$949,900

Est. Mtg $3,220 /mo
  • Days on market

    160

  • Status

    New

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Since listed: 1 views

Home details

MLS #:

X11968983

Property type:
Detached
Style:
Bungalow
Taxes:
$5,474
Possession:
Lot Front:
57.81   Feet
Lot Depth:
117.9   Feet
Basement:
Unfinished |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


236 Raymond Ave, , London, Ontario is a Detached property in London and in the East B community in the N6A 2N1 postal code


This exceptional river-front corner Freehold house presents a rare opportunity for both investors and homeowners. Located just 3 mints from Kings University & UWO main campus, this well-maintained property offers a perfect blend of tranquility, convenience, and income potential. The home features 5+1 bedrooms and 3 full bathrooms, making it an ideal residence for a large family or a lucrative rental investment. The furnace and A/C were updated 4 years ago, and the owned hot water tanks are 5 years old. A highlight of this property is the 6-car driveway with a durable concrete surface, a rare find in this area. The fully fenced backyard features a beautifully designed Japanese garden, offering a private and peaceful retreat. Inside, the home's sun-filled family room provides an excellent space for a home office, further enhancing its versatility. With updated electrical systems and 3 separate entrances, featuring a studio unit, a 3-bedroom unit, and a 2-bedroom unit. This configuration offers an excellent opportunity for generating additional income while maintaining a comfortable living space. The estimated monthly rental income is approximately $5,500, making it an attractive option for investors. A short 2-minute walk leads to the scenic Thames River and several parks, providing beautiful outdoor spaces for relaxation. The home is also located within the highly sought-after school zones of Old North Public School and Banting Secondary School, making it a great choice for families. This property's combination of prime location, income potential, and excellent condition makes it a truly exceptional investment. Don't miss the chance to make it yours, schedule a private viewing today!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2006-04 2024-01 $139,900 $160,800 Sld X7500106
2006-08 2024-01 $279,900 $268,500 Ter X7415594
2006-10 2024-01 $264,000 $228,000 Sld X7504891
2025-02 2025-02 $949,900 $949,900 New X11968983

Comparables

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sold Date Address List Price sold Price DOM
2019-03 1044 Patricia St, $399,000 $380,000 40
2019-03 232 Raymond Ave, $679,900 $622,000 49
2018-03 231 University Cres, $549,900 $500,000 100
2017-03 235 Raymond Ave, $449,900 $440,000 16
2014-07 1042 Brough St, $499,900 $495,000 19
2014-06 168 Sherwood Ave, $339,000 $320,000 29
2014-05 223 University Cres, $625,000 $580,000 107
2014-02 1537 Richmond St, $419,888 $405,888 28
2014-02 140 Huron St, $449,000 $500,000 6
2014-01 232 Bernard Ave, $429,000 $380,000 7
2013-12 235 Raymond Ave, $424,900 $400,000 57
2013-10 1044 Patricia St, $250,000 $247,000 2
2009-01 160 Broughdale Ave, $245,000 $230,000 149
2008-09 1044 Patricia St, $209,900 $195,000 100
2008-03 211 University Cres, $379,900 $372,500 44

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 236 Raymond Ave

Based on available 3rd party data

$3812

Approximate costs per month

Mortgage
$3220 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$456 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Cul De Sac
  • Fenced Yard
  • Hospital
  • Lake/Pond
  • Park
  • Public Transit
Listing Broker CENTURY 21 FIRST CANADIAN CORP
Data Source: TRREB

Payment calculator

$3677 monthly. In association with: TD Bank
%
  • Principal and Interest
    3220 /mo
  • Property Taxes
    $456 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniella Silvestri, Realtor

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