About 334 Queens Avenue
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.
Features of 334 Queens Avenue
| MLS® # | X13852790 |
|---|---|
| Price | $699,000 |
| Bedrooms | 10 |
| Bathrooms | 3.00 |
| Square Footage | 2,500 |
| Type | Residential Freehold |
| Sub-Type | Other |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 334 Queens Avenue |
|---|---|
| Area | Middlesex |
| Subdivision | East F |
| City | London East |
| Province | ON |
| Postal Code | N6B 1X4 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Other |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | RE/MAX CENTRE CITY REALTY INC |
|---|