Listed by Sutton Group - Select Realty.

231 RAYMOND Avenue is a Detached, 1 1/2 Storey and is currently for Sale @ $839,900. Taxes in 2025 were $5,096.00.

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RARE INVESTMENT OPPORTUNITY! Licensed 6-bedroom, 2-bathroom home located directly across from Western University. The 1 1/2 Storey on 231 RAYMOND Avenue has 3 bedrooms, 2 bathrooms, and is located on a 125 x 30 ft loton < .50 acres in the community of East B . Currently leased as a single tenancy for $5,200/month plus all utilities, offering an impressive 6.5% CAP rate after expenses. This well-maintained property has seen numerous updates within the past five years, including: New doors and windows (July 2020) New furnace (Dec 2024) New water heater (Feb 2025 - rental) Custom kitchen renovation (May 2025) Complete bathroom updates - new showers, vanities, toilets, and flooring New washer and dryer (2020) New stove (2024) Excellent location, strong rental income, and a turn-key setup make this an exceptional opportunity for investors or parents of students alike. Don't miss out on this rare offering just steps from campus! (POTENTIAL ADDITIONAL PARKING IN BACK DUE TO CITY EASEMENTS AT REAR OF PROPERTY TO BE CONFIRMED BY BUYER).

Fridge, stove, washer, dryer, dishwasher

The address 231 RAYMOND Avenue was listed for sale (MLS# X12477966) on Wednesday, October 22, 2025.