NEW
Brokered by: A TEAM LONDON
Address: 334 QUEENS AVENUE, London
Postal Code: N6B1X4
Style:
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0 / 0
Lot Size: 30 ft x 76 ft ,6 in
Property Size: 30.01 x 76.57 FT
This property is a well-established licensed Informal Residential Care Facility located at the corner of Queens Avenue and Waterloo Street in the heart of central London. Operating as Thomcare, this charming 2-storey red brick dwelling features 10 bedrooms offering single and double occupancy, currently accommodating 16 residents each paying $950.00 per month. With a full kitchen, 3 bathrooms, and ample living space, this property offers both comfort and convenience. Boulevard parking for 5 vehicles. Generating an impressive Net Operating Income (NOI) of $76,681.00, Thomcare is fully managed with on-site staff, allowing for a hands-off investment. The property can easily be adapted for student housing or as a room rental property. Zoned DA2, this property has great flexibility for future use. Don t miss this rare opportunity to acquire a solid income-generating asset in a prime downtown location. (id:56071)
Rental Equipment:
Farm Type: Other
Directions: Queens Ave. & Waterloo St.
Zoning Description: DA2
Interior Size: 4000 sqft
Lot: 30.01 x 76.57 FT 30.01 x 76.57 FT
Water: Municipal water,
Heating / Cooling: Natural gas / Partially air conditioned
Age:
Basement:
Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.