334 Queens Avenue London, Ontario N6B 1X4
$899,000
Located at the corner of Queens and Waterloo Street, this 2 story red brick residence has been licensed since 1997 as an informal care residential facility. 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. Summary of income and expenses available upon request. Expense items clarified: staffing-55,480.00, food costs-13,325.00, boulevard parking-5,500.00. 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 (id:20872)
Property Details
| MLS® Number | 40483531 |
| Property Type | Institutional - Special Purpose |
| Amenities Near By | Public Transit, Schools |
| Communication Type | High Speed Internet |
| Equipment Type | Water Heater |
| Features | Southern Exposure |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Sign Type | None |
Building
| Basement Type | Full |
| Constructed Date | 1900 |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Brick, Concrete |
| Foundation Type | Block |
| Stories Total | 2 |
| Size Exterior | 3000.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 77 Ft |
| Size Frontage | 30 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Da2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26053540/334-queens-avenue-london
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September 13 2023 11:11:10
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc., Brokerage