334 Queens Avenue,London East, ON N6B 1X4
London East, ON N6B 1X4
Description
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.
Details
| MLS # | X13852790 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 31 |
| Listing Provided By | RE/MAX CENTRE CITY REALTY INC | X13852790 795300 |
Features
| Bed(s) | 20 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.05 |
Interior
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Gas |
Exterior
| Roof | Fibreglass Shingle |
|---|---|
| Foundation Details | Poured Concrete, Concrete Block |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5682.98 |
|---|---|
| Tax Legal Description | ELY 30 FT LT 1 W/S WATERLOO ST PLAN 151(E) LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N6B 1X4 |
| Area | East F |
| Listing VS Median (in N6B 1X4) | |
Price: $699,000 low | high Med: $0 On site: 31 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N6B 1X4 |
| Area | East F |
| Listing VS Median (in N6B 1X4) | |
Price: $699,000 low | high Med: $0 On site: 31 low | high Med: | |
