Home ›Listings ›London East ›X12993992

334 Queens Avenue London East ON

📍 London East, Ontario N6B 1X4

$799,000

Active
20BEDS
3BATHS
5PARKING
1KITCHENS
30×71.06LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X12993992
ListedApr 14, 2026
Days on Market—
Property TypeResidential Freehold
StyleOther
Cross StreetWaterloo

📝 Listing Description

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.

🏠 Property Details

Property TypeResidential Freehold
StyleOther
Bedrooms20
Bathrooms3
Kitchens1

📐 Lot & Land

Lot Width30 ft
Lot Depth71.06 ft
Cross StreetWaterloo

🔧 Building & Utilities

HeatingGas Hot Water
BasementFull
GarageNone
Parking5
ConstructionBrick
RoofFibreglass Shingle

💰 Financial

List Price$799,000
Annual Taxes$5,682.98 (2025)

🧮 Mortgage Calculator

$159,800
Est. Monthly Payment
$3,925/mo
Principal: $639,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by RE/MAX CENTRE CITY REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12993992 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.