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
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