Located at the corner of Queens and Waterloo Street, this 2 story red brick residence has been licensed since 1997 as an informal care residential facility. It consists of 10 bedrooms offering single and double occupancy Currently, there are 16 residents. Full kitchen and 3 bathrooms. Gross annual income of $182,400.00. Summary of income and expenses in documents tab. Expense items clarified: staffing-55,480.00, food costs-13,325.00, boulevard parking-5,500.00. Seller to offer seven days of training after the sale closes. On site parking for 5 vehicles. This is a well-established business opportunity for a savvy entrepreneur. Property also listed as a rooming house or student rental. See MLS # 40578829 for details. (id:41195)
Prime rental location in charming Blackfriars neighbourhood. Three unit building on oversized lot and separate 2 car garage. Walking distance to downtown and close to major transit routes. Unit 1 consists of 3+1 bedrooms, 1 bathroom, Unit 2 consists of 3 bedrooms, 1 bathroom, and Unit 3 consists of 3 bedrooms, 1 bathroom. Walking distance to downtown, and on bus routes to Western University, Masonville Mall, Fanshawe and White Oaks. Enjoy scenic trails and paths along the Thames River, London Major Ball Games, and festivals/entertainment events downtown. Oversize lot offers many options for renovations and use. Positive cash flow even with current interest rates- buy now and enjoy more upside as rates decrease. Pro Forma worksheet available upon request. Don't sleep on this one! (id:41195)
To save this search for a future visit, enter a name and click 'Save'
Click on any of your Saved Searches to find listings that match your criteria
My Searches | Date Created | Delete All |
---|