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45 Harbour Square #4
Toronto, ON, Canada
905-909-6600
334 Queens Avenue, London East, ON N6B 1X4, East F, London East
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.
Bedrooms
20
Bathrooms
3
Parking
5
Interior
2500-3000 sqft
Lot size
30 x 71.06 ft
Year built
—
Kitchens
1
Systems & features
Buyer's Market
19 months of supply — 620 active, 98 sold in the last 90 days, same type & city.
334 Queens Avenue, London East, ON N6B 1X4, East F, London East
Approximate location shown. Exact address provided upon confirmed showing.
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