334 Queens Ave, London, Ontario N6B 1X4
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$870,000*
Price/Sqft-
Days On Market14 days
Est. Mortgage$3,861/mth
Tax Amount (2023)$4,953/yr
Description
Located at the corner of Queens and Waterloo Street, this 2 storey red brick residence has been licensed since 1997 as an informal care residential facility know as Thomcare. It consists of 10 bedrooms offering single and double occupancy. Currently, there are 16 residents. Full kitchen and 3 bathrooms. Gross annual income of $182,400.00 with a net operating income of $76,681.00. Summary of income and expenses available upon request. Seller to offer seven days of training after the sale closes. On site parking for 5 vehicles. This is a well-established business opportunity for a savvy entrepreneur. Property also listed as a rooming house or student rental. See MLS #X9036917 for details.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 5
Total parking spaces 5
Property History
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X9036917_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/trreb/IMG-X9014066_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40578827_1-256.webp)
![Agent Banner Image](/ca/en/real-estate/_next/static/media/topAgentBanner.2f9071e8.png?w=384&q=75)