London East, ON N6A2N1 236 RAYMOND AVENUE

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 bedrooms and 1 family room (can convert to the 6 bedroom or provides 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. 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. 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! (id:7434)