334 Queens Avenue, London, Ontario N6B1X4 is For Sale and has a listing price of 824,900. The property is located in the neighbourhood. It's been on the website for 144 Days.
This property is a well-established licensed Informal Residential Care Facility located at the corner of Queens Avenue and Waterloo Street in the heart of central London. Operating as Thomcare, this charming 2-storey red brick dwelling features 10 bedrooms offering single and double occupancy, currently accommodating 16 residents each paying $950.00 per month. With a full kitchen, 3 bathrooms, and ample living space, this property offers both comfort and convenience. Boulevard parking for 5 vehicles. Generating an impressive Net Operating Income (NOI) of $76,681.00, Thomcare is fully managed with on-site staff, allowing for a hands-off investment. The property can easily be adapted for student housing or as a room rental property. Zoned DA2, this property has great flexibility for future use. Don’t miss this rare opportunity to acquire a solid income-generating asset in a prime downtown location. (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 01/21/2025 | X11933305 | $824,900 | For Sale | - | - |
| 01/21/2025 | X11933294 | $824,900 | For Sale | - | - |
| 10/16/2024 | X9397468 | $824,900 | For Sale | - | - |
| 07/12/2024 | X9036917 | $899,000 | For Sale | - | - |
| 07/12/2024 | X9036890 | $899,000 | For Sale | - | - |
| 07/04/2024 | X9014066 | $899,000 | For Sale | - | - |
| 04/26/2024 | X8283680 | $899,000 | For Sale | - | - |
| 04/26/2024 | 40578827 | $899,000 | For Sale | - | - |
| 11/30/2023 | 40518741 | $899,000 | For Sale | - | - |
| 06/21/2022 | X7970814 | Expired | 09/30/2022 | - | |
| 09/13/2023 | 40483531 | $899,000 | For Sale | - | - |