334 QUEENS AVENUE, London East (East F)
20 BEDS · 3 BATHS · 2500 - 3000 sqft
$699,000
Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Car e 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 16 beds, each paying $1,050.00 per month. Gross annual income of $201,600.00 with net operating income of 75,231.69. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties. Notice of 24 hours is required for viewings.
General Info
| MLS Listing ID: X13852790 | Bedrooms: 20 | Bathrooms: 3 | Year Built: 0 |
| Listing Type: Single Family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Poured Concrete, Block | Roof: N/A | Title To Land: N/A | Parking Space Total: 5 |
| Parking: No Garage | Heating: Other | Size: 2500 - 3000 sqft | Air Conditioning : None |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |






