This 20-bedroom, 3-bathroom business in London East offers 4,000 sqft of building area. 2 storeys. The property has lot dimensions of 30 x 71.06 FT, cross street Waterloo, zoned DA2. The home features hot water radiator heat, natural gas heating.
Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Care 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 17 beds, each paying $1,050.00 per month with a projected annual gross income of $214,200.00. 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. (id:60351)
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Listed by EDWARD HAMDEN, RE/MAX CENTRE CITY REALTY INC.
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Listing represented by EDWARD HAMDEN, RE/MAX CENTRE CITY REALTY INC. · MLS# X12975532
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