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 |