ON
London East (East F)
N6B1X4
334 Queens Avenue
334 Queens Avenue, London East (East F), ON N6B1X4
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Listing Type
Single Family
Listing Status
Active
5
$799,000

Home Details for 334 Queens Avenue

Price
$799,000
Type
Residential
Bedrooms
20
Total Bathrooms
3
Listing #
X12993992
Property Description

Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Care 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 17 residents, each paying $1,050.00 per month. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. Net operating income of $ 93,274.69 for 2025. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties. (id:31684)

Property Features
    Listing Courtesy: RE/MAX CENTRE CITY REALTY INC.
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    EXIT REALTY MATRIX, BROKERAGE
    785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
    Nicolas Sigounis
    License #: 6002787
    Sales Representative
    Office
    613 443 4300
    Agent
    613 859 9331
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