334 QUEENS AVENUE, London East (East F), Ontario, N6B1X4
MLS: X12975532 | Business
$799,000
Property Description
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:64974)
Quick Facts
- Property Type: Business
- Bedrooms: None
- Bathrooms: None
- Living Area: 4,000 sq ft (371.6 m²)
- Frontage: 30 ft (9.1 m)
Costs
- Annual Taxes: $5,683.00 (2025)
Listing Provided by: RE/MAX CENTRE CITY REALTY INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Hot water radiator heat, Natural gas
- Cooling: None
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 30 ft (9.1 m)
- Zoning: DA2
Community & Neighbourhood
- Neighbourhood: East F
Listing Information
Listing History
MLS listing activity for 334 QUEENS AVENUE, London East (East F), Ontario, N6B1X4 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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334 QUEENS AVENUE, London East (East F), Ontario, N6B1X4