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St. Thomas, St. Thomas
$505,000
Welcome to 7 Raven Avenue -a solid brick bungalow offering a great combination of space, flexibility and important updates in a convenient St. Thomas location.The main level features a bright and spacious living room with a large front window, a dedicated dining area, functional kitchen, three bedrooms and a full 4-piece bathroom - a comfortable layout that works well for everyday family living.The finished lower level adds even more possibilities, with a spacious recreation room, additional bedroom, 2-piece bathroom and separate entrance. Whether you're looking for extra space for a growing family, multi-generational living or future in-law suite potential, this lower level gives you options.Some of the big-ticket items have already been taken care of, including newer windows and roof, giving the next owner a great starting point to make the home their own. The 1.5-car garage offers that extra bit of space - whether you enjoy working on your car, need room for tools and equipment, or simply want additional storage.Outside, the fully fenced backyard features an impressive 16 x 32 ft in-ground pool reaching 9 ft deep - a standout feature for entertaining, relaxing and enjoying your own private outdoor space. The location ties it all together. Close to Mitchell Hepburn Public School, St. Thomas Elgin General Hospital, Applewood Park, Pinafore Park, trails, shopping, transit and everyday amenities, with Port Stanley and the beach just a short drive away.With a flexible layout, separate entrance, major updates already completed, an oversized garage and a backyard that stands out, 7 Raven Avenue offers plenty of opportunity to make it your own in a well-established St. Thomas neighbourhood.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,702 |
| Lot Size | 50.08 ft x 107 ft |
| mls© Number | X13671316 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,585
- Property tax
- $309
- Heat allowance
- $150
- Housing costs
- $3,043 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,125 / mo
- Cash down
- $101,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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