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Listed 22 days ago

7 Raven Avenue

St. Thomas, St. Thomas

$505,000

Detached|Bungalow
3 | 2 | 4
About this home

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.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,702
Lot Size50.08 ft x 107 ft
mls© NumberX13671316
Listed ByRIGHT 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.

Down payment20% · $101,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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