Salehian.com 647-325-5000

334 Queens Avenue

East F, London East, N6B 1X4

$699,000

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  • 10+10 bedrooms
  • 3 bathrooms
  • 5 parking
  • 2500-3000 sq ft

Listed 19 days ago · MLS® X13852790

About this home

Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed "Informal Residential Car e 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 16 beds, each paying $1,050.00 per month. Gross annual income of $201,600.00 with net operating income of 75,231.69. 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. Notice of 24 hours is required for viewings.

Details

Type
Other
Style
2-Storey
Size
2500-3000 sq ft
Lot
30 × 71.06 ft
Basement
Full
Garage
None
Kitchens
1
Property tax
$5,683 (2025)
Neighbourhood
East F
Municipality
London East

Interior

Bedrooms
10 above ground + 10 below
Bathrooms
1 × 3-piece (ground), 1 × 3-piece (second), 1 × 3-piece (basement)
Rooms
13 above ground

Heating, cooling and services

Heating
Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Fibreglass Shingle
Foundation
Poured Concrete, Concrete Block
Faces
North

Parking

Total parking
5

Lot

Size
30 × 71.06 ft

More

Possession
30-59 days
Cross street
Waterloo

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 3 grocery stores, 90 cafés and restaurants, 5 parks, 1 pharmacy. Nearest grocery: Sacred Earth Vegan Market (750 m). Nearest park: Campbell Memorial Park (200 m).

Schools nearby

Elementary

  • Lord Roberts Public School9 min walk
  • Aberdeen Public School
    EQAO: Gr 6 reading 65%, math 33%    1.2 km
  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    1.3 km
  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    1.7 km

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    4 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    6 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    11 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6B

Owners / renters
23% / 77%
Median household income
$49,200
Average age
42
Children under 15
8%
Homes
13% detached, 42% high-rise
Commute by transit
14%
Population
11,101

Languages spoken most at home besides English: Spanish 1.1%, Portuguese 0.8%, Arabic 0.6%, Polish 0.5%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX CENTRE CITY REALTY INC.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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