334 Queens Avenue, London East
For sale · $699,000
20 beds · 3 baths · Other · 2500-3000 sq ft
About this home
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 details
- MLS® number: X13852790
- Listed on October 1, 2026
- 5 photos
Listing brokerage: RE/MAX CENTRE CITY REALTY INC
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MLS® listing data by PropTx under licence from TRREB, deemed reliable but not guaranteed accurate by PropTx. Operated by HighPoint Homes Realty, Brokerage.