334 Queens Avenue, London

$899,000

10 Beds
3 Baths
3,000 Sqft
0 Acres
0 Garages

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 in documents tab. 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. Property also listed as a rooming house or student rental. See MLS # 40578829 for details.

Essential Information
MLS® #40578827
Price$899,000
Bedrooms10
Bathrooms3.00
Square Footage3,000
Year Built1900
TypeResidential Income
Sub-TypeRooming House
StatusActive
Community Information
Address334 Queens Avenue
AreaEast
SubdivisionEast F
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN6B 1X4
Amenities
Parking Spaces5
Interior
Interior FeaturesOther
AppliancesFreezer
HeatingOther
CoolingNone
Has BasementYes
BasementFull, Partially Finished
# of Stories2
Exterior
RoofFiberglass
ConstructionBlock, Concrete
Lot Description

Rectangular, Ample Parking, Public Transit, Schools

Foundation

Concrete Block, Poured Concrete

Additional Information
Days on Market16
Listing Details
Office

RE/MAX CENTRE CITY REALTY INC., BROKERAGE

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