334 QUEENS AVENUE, London East (East F) FOR SALE

Brokered by: A TEAM LONDON

MLS®: X9397468 ()

Price: $824,900.00

Address: 334 QUEENS AVENUE, London East (East F)
FOR SALE
Postal Code: N6B1X4
Style: 
Type: Multi-family Multi-Family
Bedrooms: 0
Bathrooms: 0
Lot Size:   30 ft x 76 ft ,6 in
Property Size:  30.01 x 76.57 FT


About 334 Queens Avenue

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 $1,050 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 $95,881.00, 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). Get more information on 334 Queens Avenue

Property Features

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:   / Partially air conditioned
Age: 
Basement:  

Rooms & Sizes

     

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JD

John DiRenzo

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.