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)
| MLS® Number | X12993992 |
| Property Type | Single Family |
| Community Name | East F |
| EquipmentType | Water Heater |
| Features | Guest Suite |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| 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 |
| No Garage |
| 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 |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29599768/334-queens-avenue-london-east-east-f-east-f
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