map icon

334 Queens Ave

Queens Ave, Central London, London, ON, N6B 1X4

-
Beds
-
Baths
4,000
Sq. Ft.
$824,900
List Price
Details
Photos
1
Comparables
History
334 Queens Ave, London, ON
36 days on market

Quick Summary

  • Established licensed Informal Residential Care Facility
  • Charming 2-storey red brick dwelling with 10 bedrooms
  • Accommodates 16 residents with $950 monthly rent
  • Offers full kitchen, 3 bathrooms, and ample living space
  • Generates impressive $76,681 Net Operating Income
  • Fully managed with on-site staff for hands-off investment
  • Flexible zoning allows for student housing or room rentals
  • Prime downtown location with boulevard parking for 5 vehicles

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... Show More

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:54626)

Property Details

Size

4,000 sq. ft.
0 Beds
0 Baths

Parking

5 Parking Spaces
-

Lot

Size
360′0″ * 917′12″
Acres
-

Heating & Cooling

Heating
Other
Cooling
Partially air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X9397468
Last Updated
October 16, 2024
Brokerage
A TEAM LONDON
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

For Sale Nearby

204 - 7 Picton St, London, ON
204-7 Picton St
$469,000
London, ON, N6A 3P8
  • 1,199 - 1,398 Sq. Ft.
  • 2
  • 2
602 - 7 Picton St, London, ON
602-7 Picton St
$339,000
London, ON, N6A 3P8
  • 999 - 1,198 Sq. Ft.
  • 1
  • 2
201 - 280 Queens Ave, London, ON
201-280 Queens Ave
$539,900
London, ON, N6B 1X3
  • 1,399 - 1,598 Sq. Ft.
  • 2
  • 2
2 - 285 Queens Ave, London, ON
2-285 Queens Ave
$299,000
London, ON, N6B 1X2
  • 999 - 1,198 Sq. Ft.
  • 3
  • 1
303 - 440 Wellington St, London, ON
303-440 Wellington St
$399,000
London, ON, N6B 1X2
  • 999 - 1,198 Sq. Ft.
  • 1
  • 1
1 - 440 Wellington St, London, ON
1-440 Wellington St
$279,900
London, ON, N6B 1X2
  • 899 - 998 Sq. Ft.
  • 1
  • 2
407 - 460 Wellington St, London, ON
407-460 Wellington St
$339,900
London, ON, N6A 3P8
  • 1,199 - 1,398 Sq. Ft.
  • 2
  • 2
304 - 435 Colborne St, London, ON
304-435 Colborne St
$387,900
London, ON, N6B 2T2
  • 999 - 1,198 Sq. Ft.
  • 2
  • 2

Sold Nearby

102 - 280 Queens Ave, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
102-280 Queens Ave
$XXX,XXX
London, ON, N6B 1X3
  • 2
  • 1
104 - 460 Wellington St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
104-460 Wellington St
$XXX,XXX
London, ON, N6A 3P8
  • 900 - 999 Sq. Ft.
  • 2
  • 2
204 - 435 Colborne St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
204-435 Colborne St
$XXX,XXX
London, ON, N6B 2T2
  • 1,000 - 1,199 Sq. Ft.
  • 2
  • 2
507 - 435 Colborne St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
507-435 Colborne St
$XXX,XXX
London, ON, N6B 2T2
  • 900 - 999 Sq. Ft.
  • 1
  • 1
1506 - 389 Dundas St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
1506-389 Dundas St
$XXX,XXX
London, ON, N6B 3L5
  • 2
  • 2
1802 - 380 King St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
1802-380 King St
$XXX,XXX
London, ON, N6B 3N3
  • 2,250 - 2,499 Sq. Ft.
  • 2
  • 4
2104 - 363 Colborne St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
2104-363 Colborne St
$XXX,XXX
London, ON, N6B 3N3
  • 2
  • 2
405 - 323 Colborne St, London, ON
Sold Listing
Get verified. Local real estate boards require email verification.
405-323 Colborne St
$XXX,XXX
London, ON, N6B 3N8
  • 1
  • 1

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