$799,000

FOR SALE

Business for Sale

Service Related

Lot: 30 x 71.06 ft
2025 Taxes: $5,683

334 Queens Ave
London East, ON N6B 1X4 | East F | Middlesex

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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.

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Listed By	RE/MAX CENTRE CITY REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X12975532
Last Updated	Apr 16, 2026

Property Summary

Property Type	Business For Sale More like this: London East Business For Sale
Use	Service Related
Franchise	Non-Franchise
PIN	082650011
Legal Description	ELY 30 FT LT 1 W/S WATERLOO ST PLAN 151(E) LONDON
Taxes (2025)	$5,683
Directions/Cross Streets	Waterloo
Neighbourhood	East F
Area	Middlesex

Price History

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Detailed Information

Freestanding	Y
Lot	30 x 71.06 ft
Air Conditioning	No
Basement	Basement
Chattels	Y
Garage Type	In/Out
Heat Type	Gas Hot Water

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