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About the Listing 795300 -
Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Care 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 17 residents, each paying $1,050.00 per month. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. Net operating income of $ 93,274.69 for 2025. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties.
Listing Highlights
Interior Details
- Bedrooms: 20
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other: Guest Accommodations
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Fibreglass Shingle
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $5,683
- Taxes w/Assessments: N/A
- Tax/Property ID: 082650011
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
334 Queens Ave London, ON N6B 1X4
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