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334 Queens Avenue London, Ontario N6B 1X4

10 Bedroom 3 Bathroom 3000
None Other

$899,000

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:53488)

Property Details

MLS® Number 40578827
Property Type Multi-family
Amenities Near By Public Transit, Schools
Equipment Type Water Heater
Features Southern Exposure
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Total 10
Appliances Freezer
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1900
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Brick, Concrete
Foundation Type Block
Heating Type Other
Stories Total 2
Size Interior 3000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 77 Ft
Size Frontage 30 Ft
Size Total Text Under 1/2 Acre
Zoning Description Da2

https://www.realtor.ca/real-estate/26810196/334-queens-avenue-london

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Mel F. Vetero
Salesperson

(519) 872-1319
(519) 667-1958
www.londoncommercialrealestate.ca/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com

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