Description

 Price: $ 799,000.00 MLS^®: X12975532         Location : 334 Queens Avenue, London East, ON N6B 1X4

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 $214,200.00. 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.

Location Description

Waterloo

Property Details

• Community: East F
• Property Type: Tenant/Commercial
• Garages: In/Out

Building Features

Features

• Heating: Gas Hot Water