334 Queens Avenue, London East (East F), Ontario N6B1X4
Listing courtesy of RE/MAX CENTRE CITY REALTY INC.
- $699,000
- 20
- BD
- 3
- BA
- List Price
- $699,000
- Status
- ACTIVE
- Days on Market
- 26
- MLS® #
- LondonandStThomasAssociationofREALTORS-X13852790
- Bedrooms
- 20
- Bathrooms
- 3
- Subdivision
- East F
- Neighborhood
- East F
- MLS Area Major
- East F
Property Description
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. (id:5764)
Additional Information
- Exterior Features
- Brick
- Taxes
- $5,682
- Community Features
- East F
- Appliances
- Water meter
- Heating
- Natural gas, Other
- Air Conditioning
- None
- Stories
- 2
- Foundation
- Block, Poured Concrete
- Parking Features
- No Garage
