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

4000 sqft
None Hot Water Radiator Heat

$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)

Business

Business Type Service
Business Sub Type Miscellaneous services
Name Thomcare

Property Details

MLS® Number X12975532
Property Type Business
Community Name East F
Amenities Near By Public Transit
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Size Interior 4000 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 71 Ft
Size Frontage 30 Ft
Size Irregular 30 X 71.06 Ft
Size Total Text 30 X 71.06 Ft
Zoning Description Da2

https://www.realtor.ca/real-estate/29578367/334-queens-avenue-london-east-east-f-east-f

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