Kathleen Taylor - Coldwell Banker Momentum Logo
$799,000
( $199.75Per Sq Foot )
 $4,289 est/mo Sourced by Back At You

334 Queens Avenue,London East, ON N6B 1X4

London East, ON N6B 1X4

Share:

PreviousNext

Description

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.

Details

MLS #X12975532
Listing TypeFor Sale
Building NameThomcare
Sub-TypeResale
StatusNew
Year0
Days On Site137
Listing Provided ByRE/MAX CENTRE CITY REALTY INC. | X12975532 795300

Features

SQ Feet4,000
Acreage0.09

Interior

CoolingNo

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount5683
Tax TypeAnnual
Tax Legal DescriptionELY 30 FT LT 1 W/S WATERLOO ST PLAN 151(E) LONDON
Tax Year2025

Area Information

ProvinceON
RegionMiddlesex
CityLondon East
Postal CodeN6B 1X4
AreaEast F
Listing VS Median (in N6B 1X4)
Price:
$799,000
low | high
Med:
$799,000
50% of Average
sqft:
4,000
low | high
Med:
4,000
50% of Average
$ / sqft:
$200
low | high
Med:
$200
50% of Average
On site:
137
low | high
Med:
137
100% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Momentum Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

Contact

Learn More About This Property

Kathleen Taylor

Kathleen Taylor

Momentum Realty

Sales Representative (905) 246-1836kathleentaylorrealtor@gmail.com
ProvinceON
RegionMiddlesex
CityLondon East
Postal CodeN6B 1X4
AreaEast F
Listing VS Median (in N6B 1X4)
Price:
$799,000
low | high
Med:
$799,000
50% of Average
sqft:
4,000
low | high
Med:
4,000
50% of Average
$ / sqft:
$200
low | high
Med:
$200
50% of Average
On site:
137
low | high
Med:
137
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $599K - $998K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
272 Dundas Street E Property Photo 1
$1,485,000
272 Dundas Street E
London East, ON N6B 1T6
379 Dundas Street 118-119 Property Photo 1
$350,000
379 Dundas Street 118-119
London East, ON N6B 1V5
434 Dufferin Avenue Property Photo 1
$1,420,000
434 Dufferin Avenue
London East, ON N6B 1Z6
Listing Updated: August 14, 2026 at 9:05:00 PM PDT

Kathleen Taylor - Coldwell Banker Momentum