Located at the corner of Queens and Waterloo Street, this 2 storey red brick residence has been licensed since 1997 as an informal care residential facility know as Thomcare. It consists of 10 bedrooms offering single and double occupancy. Currently, there are 16 residents. Full kitchen and 3 bathrooms. Gross annual income of $182,400.00 with a net operating income of $76,681.00. Summary of income and expenses available upon request. Seller to offer seven days of training after the sale closes. On site parking for 5 vehicles. This is a well-established business opportunity for a savvy entrepreneur. Property also listed as a rooming house or student rental. See MLS #X9036917 for details. (id:4555)
PROPERTY SPECS
Listing ID X9036890
Address 334 QUEENS AVENUE
City London, ON
Price $899,000
Bed / Bath 10 / 3 Full
Construction Brick
Land Size 30.01 x 76.57 FT
Type House
Status For sale
EXTENDED FEATURES
BasementN/ABasement DevelopmentFinishedParking5FeaturesFlat siteOwnershipFreeholdFoundationBlock, ConcreteHeatingHot water radiator heatHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-07-13 04:00:49Days on Market57Parking5