NewFor sale 50$569,900
2 bed3 bath1,100–1,500 sq ft
54 Hume Street
East M, London East
6 days agoMLS® X13870510
ROYAL LEPAGE TRILAND REALTY
$699,000
334 Queens Avenue
East F, London East, Ontario N6B1X4
For sale· Added
10+10 bed3 bath2,500–3,000 sqft
About this home
Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Car e 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 16 beds, each paying $1,050.00 per month. Gross annual income of $201,600.00 with net operating income of 75,231.69. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties. Notice of 24 hours is required for viewings.
Location
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Property details
Listing
- MLS® number
- X13852790
- Added
- Oct 1, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Other
- Storeys
- 2
Inside
- Bedrooms
- 10+10
- Bathrooms
- 3
- Heating
- Natural gas, Other
- Cooling
- None
- Fireplace
- No
- Appliances
- Water meter
Building
- Basement
- Full
- Exterior
- Brick
- Foundation
- Block, Poured Concrete
- Parking
- No Garage · 5 spaces
Land
- Lot size
- 30 x 71.1 ft
- Zoning
- DA2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- Waterloo
- Directions
- Located on the northwest corner of Water and Queens.
Running costs
- Annual property tax
- $5,683
$699,000
334 Queens Avenue
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