334 Queens Avenue London East, Ontario N6B 1X4
$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 beds, each paying $1,050.00 per month with a projected annual gross income of $201,600.00. Other expense category of $28,938 includes business license: $850, food cost: $18,261, supplies; $4,529 and boulevard parking: $5,299. 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. (id:63476)
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 | 4,000 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 |
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June 11 2026 04:51:57
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.