London East, ON
334 Queens Avenue
$699,000
Data last updated Oct 30, 2026, 7:20 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $699,000
- Type
- other
- Bedrooms
- 10
- Bathrooms
- 3
- MLS®
- X13852790
- Status
- active
- Brokerage
- RE/MAX CENTRE CITY REALTY INC
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.
Location
More details
- Property tax
- $5,683 (2025)
- Days on market
- 29
- Style
- 2-Storey
- Lot
- 30 × 71.06 Feet
- Parking
- 5 spaces · None
- Basement
- Full
- Heating
- Other
- Air conditioning
- None
- Neighbourhood
- East F
- Major intersection
- Waterloo
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.