LOADING

334 Queens Avenue London East (East F), 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:19173)

Property Details

MLS® Number X12993992
Property Type Single Family
Community Name East F
Equipment Type Water Heater
Features Guest Suite
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 10
Bedrooms Below Ground 10
Bedrooms Total 20
Appliances Water Meter
Basement Type Full
Exterior Finish Brick
Foundation Type Poured Concrete, Block
Stories Total 2
Size Interior 2500 - 3000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 71 Ft ,1 In
Size Frontage 30 Ft
Size Irregular 30 X 71.1 Ft
Size Total Text 30 X 71.1 Ft
Zoning Description Da2

Utilities

Cable Installed
Electricity Installed
Sewer Installed

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

Pin It on Pinterest

Share This