334 Queens Avenue, London East (East F), Ontario N6B 1X4 (29599768)


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334 Queens Avenue London East, Ontario N6B 1X4

20 Bedroom 3 Bathroom 2500 - 3000 sqft

$799,000

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:60297)

Property Details

MLS® Number X12993992
Property Type Single Family
Community Name East F
EquipmentType Water Heater
Features Guest Suite
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 10
BedroomsBelowGround 10
BedroomsTotal 20
Appliances Water Meter
BasementType Full
ExteriorFinish Brick
FoundationType Poured Concrete, Block
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 71 Ft ,1 In
SizeFrontage 30 Ft
SizeIrregular 30 X 71.1 Ft
SizeTotalText 30 X 71.1 Ft
ZoningDescription Da2

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29599768/334-queens-avenue-london-east-east-f-east-f

Interested?

Contact us for more information


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Mel Vetero
Salesperson


RE/MAX Centre City Realty Inc.

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