7 Raven Avenue, St. Thomas

$484,900
7 Raven Avenue

$484,900

New
18d
DetachedBungalow

7 Raven Avenue, St. Thomas

Total Monthly Obligation $2,639

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
18d
Score
82
Yield
17.1%
Cash on Cash
50.9%
Cap Rate
15.5%
5Y IRR
59.1%
10Y IRR
55.2%
Property Type-Detached
MLS® Number-X13863434
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-50.08 × 107 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$3,702 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-1-29 days
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

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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$
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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$387,920
Land Transfer Taxes$6,173
Legal Fees (Est.)
$
Total cash required for closing$104,653

Total Monthly Obligation

$2,639/mo
Mortgage $1,956
Monthly Loss $2,125
Principal$515
Interest$1,441
Property Tax$309
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
13.7%98
Cash-on-Cash
41.3%100
5-Year IRR
50.9%100
10-Year IRR
47.4%
Returns Index
99.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
82/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$83,016/yr
NOI
$66,512/yr
Net Cash Flow
$3,587/mo
Cash Margin
51.8%100
Cash Flow Index
99.9/ 100
Risk Profile
Weight: 20%
DSCR
2.83100
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
58.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 7 Raven Avenue

Time

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