334 QUEENS Avenue

Multi-family For Sale in London, Ontario

$899,000
  • 10 Beds
  • 3 Baths
  • 3,000 Sq. Ft.
  • Built 1900
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. (id:4069)
Address 334 QUEENS Avenue
List Price $899,000
Property Type Multi-family
Area Ontario
Sub-Area London
Bedrooms 10
Bathrooms 3
Floor Area 3,000 Sq. Ft.
Year Built 1900
MLS® Number 40578827
Listing Brokerage RE/MAX CENTRE CITY REALTY INC., BROKERAGE
Basement Area Full (Partially finished)
Postal Code N6B1X4
Zoning DA2
Site Influences Public Transit, Schools
Features Southern exposure

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