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226 Queen St S - Daring Residential Care Home

6,000 SF Health Care Building Offered at £1,227,540 at a 9.62% Net Initial Yield in Kitchener, ON N2G 1W3

Investment Highlights

  • Located in very good area.
  • Parking facilities.
  • Street view exposure.

Executive Summary

Conditional on transfer of license to operate.

Property Facts Under Contract

Price £1,227,540
Price Per Bed £39,598
Sale Type Investment or Owner User
Net Initial Yield 9.62%
Sale Conditions Business Value Included
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.23 AC
Building Size 6,000 SF
No. Beds 31
Number of Floors 3
Year Built/Renovated 1900/2022

About 226 Queen St S , Kitchener, ON N2G 1W3

31 bed residential care home. 25 beds funded and 6 private pay. Always full. Prime Location close to downtown. Seller will train.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code C3 (Commercial)
C3 (Commercial)
  • Listing ID: 31239798

  • Date on Market: 16/03/2024

  • Last Updated:

  • Address: 226 Queen St S, Kitchener, ON N2G 1W3

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