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Wednesday, July 22nd, 2026

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$799,000
Available - For Sale
Listing ID: X12993992
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. 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.
Price $799,000
Taxes: $5,682.98
Occupancy by: Tenant
Address: 334 Queens Avenue , London East, N6B 1X4, Middlesex
Directions/Cross Streets: Waterloo
Rooms: 13
Bedrooms: 10
Bedrooms +: 10
Washrooms: 3
Basement: Full
No. of Pieces Level
Washroom 1:  3 Ground
Washroom 2:  3 Second
Washroom 3:  3 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Ground
Washroom 7:  3 Second
Washroom 8:  3 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Ground
Washroom 12:  3 Second
Washroom 13:  3 Basement
Washroom 14:  0
Washroom 15:  0
Property Type: Other
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Gas Hot Water
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.

334 Queens Avenue , London East, N6B 1X4, Middlesex

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Other
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style: 2-Storey
Lot Size: x 71.06(Feet)
Approximate Age:
Tax: $5,682.98
Maintenance Fee: $0
Beds: 10+10
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com