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 beds, each paying $1,050.00 per month with a projected annual gross income of $201,600.00. Other expense category of $28,938 includes business license: $850, food cost: $18,261, supplies; $4,529 and boulevard parking: $5,299. 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. (id:60297)
| BusinessType | Service |
| BusinessSubType | Miscellaneous services |
| Name | Thomcare |
| MLS® Number | X12975532 |
| Property Type | Business |
| Community Name | East F |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 4000 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 71 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 71.06 Ft |
| SizeTotalText | 30 X 71.06 Ft |
| ZoningDescription | Da2 |
https://www.realtor.ca/real-estate/29578367/334-queens-avenue-london-east-east-f-east-f
Contact us for more information
Edward Hamden
Salesperson
Mel Vetero
Salesperson
No Favourites Found
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)