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334 Queens Avenue

London, ON N6B 1X4
  • $899,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 40483531
UPDATED: 24 min ago
$899,000
  • 0
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
Neighbourhood:
East F
Type:
Commercial
County:
Middlesex
Area:
East

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Description

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 available upon request. 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

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T13:23:14.557.
www.manarealty.ca/homes/143368722
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334 Queens Avenue London, ON N6B 1X4

  • Price: $899,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 24 min ago
  • MLS #: 40483531
0
Beds
0
Baths
0
½ Baths
< 0.5
Acres
3,000
SQFT
$300
$/SQFT
Neighbourhood:
East F
County:
Middlesex
Area:
East
Property Description
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 available upon request. 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
Exterior Features

Acres Range < 0.5 Commercial Doors Count 0 Construction Materials BrickBlockConcrete Crops Included YN No Direction Faces South Docking YN No Foundation Details Concrete BlockPoured Concrete Frontage Length 30.01 Frontage Type North Garage YN No Lot Features RectangularAmple ParkingPublic TransitSchools Lot Size Area 2368.06 Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Road Frontage Type Municipal Road Waterfront YN No

Interior Features

Basement Full Cooling YN No Fireplace YN No Interior Features High Speed Internet Kitchens Total 0

Property Features

Assessment Year 2021 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Cross Street Waterloo Street Electric Expense 9345 Electric On Property YN Yes Heating Expenses 1616 Insurance Expense 6500 Lot Depth 76.57 Net Income 76812 New Construction YN No Number Of Apartment Units 0 Property Sub Type InstitutionalBuilding And Land Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Under Contract Hot Water Heater Utilities Electricity ConnectedGarbage/Sanitary CollectionNatural Gas ConnectedRecycling PickupStreet LightsPhone Connected Utilities Expense 9345 Water Source Municipal Zoning Da2

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Mel F. Vetero of Re/Max Centre City Realty Inc., Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T13:23:14.557.
 
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