334 Queens Avenue London East (East F), Ontario N6B 1X4
$799,000
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 16 beds, each paying $1,050.00 per month with a projected annual gross income of $201,600.00. Other expense category of $28,938 includes business license: $850, food cost: $18,261, supplies; $4,529 and boulevard parking: $5,299. 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. (id:25953)
Business
| BusinessType | Service |
| BusinessSubType | Miscellaneous services |
| Name | Thomcare |
Property Details
| MLS® Number | X12975532 |
| Property Type | Business |
| Community Name | East F |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 4000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 71 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | 30 X 71.06 Ft |
| SizeTotalText | 30 X 71.06 Ft |
| ZoningDescription | Da2 |
https://www.realtor.ca/real-estate/29578367/334-queens-avenue-london-east-east-f-east-f
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August 15 2026 02:49:52
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.