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.
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Detailed Information
Bathrooms
3
Lot
30.01 x 76.57 ft
Total Area
3,000 ft2
Air Conditioning
None
Basement
Y
Garage Type
Boulevard
Parking Spaces
5
Heat Type
Other
Hydro Expense
$9,345
Heat Expenses
$1,616
Insurance Expense
$6,500
Management Expense
$55,480
Operating Expenses
$105,719
Other Expenses
$18,325
Expenses Actual/Estimated
Est
Area Influences
Public Transit
Sewers
Sewers
Water
Municipal
UFFI
No
Zoning
DA2
Seller Property Info Statement
Y
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