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! (id:47421)
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Detailed Information
Bedrooms
5+1
Bathrooms
3
Lot
57.75 x 117.83 ft
Amenities Nearby
Hospital, Park, Public Transit
Equipment
None
Property Easement
Unknown, None
Features
Cul-de-sac, Irregular lot size, Flat site, Carpet Free
Listing Contract Date
2025-02-12
Location Description
Raymond Avenue
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Rental Equipment
None
Structures
Shed
Transaction Type
For sale
Waterfront Type
Waterfront
Zoning Description
R1-5
Building
Appliances
Water Heater, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Architectural Style
Bungalow
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning, Air exchanger
Exterior Finish
Brick, Vinyl siding
Fire Protection
Smoke Detectors
Foundation Type
Unknown
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Flat
2.54 m x 2.62 m
Bedroom 2
Flat
2.77 m x 2.71 m
Bedroom 3
Flat
2.74 m x 2.74 m
Bedroom 4
Flat
2.74 m x 2.83 m
Bedroom 5
Flat
2.93 m x 2.99 m
Family room
Flat
8.9 m x 2.24 m
Laundry room
Flat
2.68 m x 2.13 m
Kitchen
Flat
5.86 m x 2.38 m
Living room
Flat
3.2 m x 4.66 m
Dining room
Flat
3.28 m x 1.7 m
Land
Total Size
57.8 x 117.9 FT
Access Type
Year-round access
Amenities
Hospital, Park, Public Transit
Fence Type
Fully Fenced, Fenced yard
Sewer
Septic System
Size of Irregular Land
57.8 x 117.9 FT
Surface Water
Lake/Pond
Open Houses
Date & Time
Comments
02/03/2025 2:00 PM - 4:00 PM
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