$699,000
 $3,752 est/mo Sourced by Back At You

334 Queens Avenue,London East (East F), ON N6B1X4

London East (East F), ON N6B1X4

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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:13843)

Details

MLS #X13852790
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site28
Listing Provided ByRE/MAX CENTRE CITY REALTY INC. | EDWARD HAMDEN

Features

Bed(s)20
Bath(s) 3 Total
SQ Feet2,500
BasementY
Story(s)2
ZoningDA2

Interior

CoolingNone
HeatingNatural gas, Other
AppliancesWater meter
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock, Poured Concrete

Parking

Parking FeaturesNo Garage
Parking Total5

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount5682.98

Area Information

ProvinceON
CityLondon East (East F)
Postal CodeN6B1X4
Listing VS Median (in N6B1X4)
Price:
$699,000
low | high
Med:
$699,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$280
low | high
Med:
$280
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityLondon East (East F)
Postal CodeN6B1X4
Listing VS Median (in N6B1X4)
Price:
$699,000
low | high
Med:
$699,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$280
low | high
Med:
$280
50% of Average
On site:
28
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $524K - $873K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1805 - 380 KING STREET Property Photo 1
$528,000
1805 - 380 King Street
London East (east K), ON N6B3L6
Listing Updated: October 21, 2026 at 1:55:05 PM PDT