334 Queens Avenue, London East, ON N6B 1X4
London East, ON, N6B 1X4 · East F
About this property
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.
Features & Amenities
- Garage: In/Out
- Cooling: No
- Heat Type: Gas Hot Water
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Sale Of Business |
| Garage | In/Out |
| Heat Type | Gas Hot Water |
| Cooling | No |
| Annual Tax | $5,683 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 4000
Heating & Cooling
- Heat Type
- Gas Hot Water
- Cooling
- No
Parking & Garage
- Garage Type
- In/Out
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 71.06
- Lot Width
- 30.00
Community & Neighborhood
- Community Features
- Public Transit
Financial & Tax
- Tax Annual Amount
- $5,683
- Tax Year
- 2025
- Possession Type
- 30-59 days
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Middlesex
- Cross Street
- Waterloo
- Directions
- Located on the northwest corner of Queens and Waterloo Street.
- Showing Requirements
- List Brokerage
Location
334 Queens Avenue, London East, ON N6B 1X4, London East, ON, N6B 1X4