334 QUEENS AVENUE,London East (East F),Ontario,N6B1X4
For sale
$699,000
334 QUEENS AVENUE,London East (East F),Ontario,N6B1X4
Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Car e Facility" known as Thomcare that has been operating since 1997 and the owner is retiring. This 2-storey red brick residence consists of 10 bedrooms offering single and double occupancy for 16 beds, each paying $1,050.00 per month. Gross annual income of $201,600.00 with net operating income of 75,231.69. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties. Notice of 24 hours is required for viewings. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | X13852790 |
| Listing price | : | $699,000 |
| Listed on | : | 15-10-2026 |
| Property subtype | : | For sale |
| Square footage | : | 2500 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX CENTRE CITY REALTY INC |
BEDROOM & BATHROOM
| Total bedrooms | : | 20 Bedrooms |
| Total bathrooms | : | 3 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |