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Property Description
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. This configuration offers an excellent opportunity for generating additional income while maintaining a comfortable living space. The estimated monthly rental income is approximately $5,000, 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.
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Property Features
Fenced Yard, Park, Public Transit, River/Stream, School, Waterfront, Carpet Free, In-Law Suite, Water Heater Owned, Water Meter, Smoke Detector, River Access
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Property Details
Address
236 Raymond Avenue
Community
City
Postal Code
N6A 2N1
Property Type
Detached, Detached
Days On Market
74
Zoning
R1-5
Lot Size
59' x 123'
Taxes
$5,834 (2025
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Century 21 First Canadian Corp
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