This exceptional riverfront corner Freehold High raised bungalow house presents a rare opportunity for both investors and homeowners. Located just 3 minutes from King's University & UWO main campus, this well-maintained property offers a perfect blend of tranquility, convenience, and income potential. The home features 5 bedrooms and 1 family room (can convert to the 6 bedroom or provide an excellent space for a home office) and 3 full bathrooms, making it an ideal residence for a large family or a lucrative rental investment. 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 with beautiful stones. 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. Roof Age (2007); Roof Heater Wires (2026). Efficiency Furnace & A/C (2021), Owned Hot Water Tank (2020), making life easier for homeowners. (id:28006)
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| MLS® Number | X12876758 |
| Property Type | Single Family |
| Community Name | East B |
| Amenities Near By | Park, Public Transit, Schools |
| Easement | Unknown, None |
| Features | Flat Site, Carpet Free, In-law Suite |
| Parking Space Total | 6 |
| Water Front Type | Waterfront On River |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Water Heater, Water Meter, Blinds, Dishwasher, Dryer, Microwave, Oven, Washer, Refrigerator |
| Architectural Style | Raised Bungalow |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding, Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Access Type | Year-round Access |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 123 Ft ,4 In |
| Size Frontage | 58 Ft ,8 In |
| Size Irregular | 58.7 X 123.4 Ft |
| Size Total Text | 58.7 X 123.4 Ft |
| Surface Water | River/stream |
| Zoning Description | R1-5 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Flat | Bedroom | 2.54 m | 2.62 m | 2.54 m x 2.62 m |
| Flat | Bedroom 2 | 2.77 m | 2.71 m | 2.77 m x 2.71 m |
| Flat | Bedroom 3 | 2.74 m | 2.74 m | 2.74 m x 2.74 m |
| Flat | Bedroom 4 | 2.74 m | 2.83 m | 2.74 m x 2.83 m |
| Flat | Bedroom 5 | 2.93 m | 2.99 m | 2.93 m x 2.99 m |
| Flat | Family Room | 8.9 m | 2.24 m | 8.9 m x 2.24 m |
| Flat | Laundry Room | 2.68 m | 2.13 m | 2.68 m x 2.13 m |
| Flat | Kitchen | 5.86 m | 2.38 m | 5.86 m x 2.38 m |
| Flat | Living Room | 3.2 m | 4.66 m | 3.2 m x 4.66 m |
| Flat | Dining Room | 3.28 m | 1.7 m | 3.28 m x 1.7 m |
https://www.realtor.ca/real-estate/29463361/236-raymond-avenue-london-east-east-b-east-b
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