$799,000
Available - For Sale
Listing ID: X12993992
334 Queens Avenue , London East, N6B 1X4, Middlesex
| 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. |
| Price | $799,000 |
| Taxes: | $5682.98 |
| Occupancy: | Tenant |
| Address: | 334 Queens Avenue , London East, N6B 1X4, Middlesex |
| Directions/Cross Streets: | Waterloo |
| Rooms: | 13 |
| Bedrooms: | 10 |
| Bedrooms +: | 10 |
| Basement: | Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Ground |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Other |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 5 |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Gas Hot Water |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| RE/MAX CENTRE CITY REALTY INC. |
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|
Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Other |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East F |
| Style: | 2-Storey |
| Tax: | $5,682.98 |
| Beds: | 10+10 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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