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For Sale
Just Listed

334 Queens Avenue

East F, London East, ON
$799,000
10+10Bd
3Ba
2,750+sqft
5Parking
30 x 71.06 ftlot
$291/sqft
DetachedMLS# X12993992Listed 2026-04-144 DOM

About this home

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.

Features

  • Guest Accommodations
  • Full
  • 2-Storey

Financials

Annual Taxes
$5,682.98

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield6.8% – 10.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — London East

Days on market4 days
Buyer's MarketSeller's Market

Based on active listings in London East. Data updates daily.

Our estimate for this home

Priced 45.2% below estimate
Estimated range
$1.35M$1.57M
Mid-point $1.46M · ~$530/sqft
How this listing compares
$1.35MList · $799K$1.57M
Low confidence·Based on 3 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$799,000
334 Queens Avenue, London East
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