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About the Listing 795300 -
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.
Listing Highlights for 334 Queens Ave
Interior Details
- Bedrooms: 20
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Fibreglass Shingle
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $5,683
- Taxes w/Assessments: N/A
- Tax/Property ID: 082650011
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
334 Queens Ave London, ON N6B 1X4
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