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226 Queen St S - Daring Residential Care Home

6,000 SF Health Care Building Offered at $2,200,000 CAD at a 9.62% Cap Rate in Kitchener, ON N2G 1W3

Assisted Living Facilities Ontario Kitchener 226 Queen St S, 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 $2,200,000 CAD Building Class B
Price Per Bed $70,968 CAD Lot Size 0.23 AC
Sale Type Investment or Owner User Building Size 6,000 SF
Cap Rate 9.62% No. Beds 31
Sale Conditions Business Value Included No. Stories 3
Property Type Health Care Year Built/Renovated 1900/2022
Property Subtype Assisted Living
Price $2,200,000 CAD
Price Per Bed $70,968 CAD
Sale Type Investment or Owner User
Cap Rate 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
No. Stories 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.

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

Zoning Code C3 (Commercial)
C3 (Commercial)
(519) 859-0133

Contact

  • Listing ID: 31239798

  • Date on Market: 2024-03-16

  • Last Updated:

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

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226 Queen St S - Daring Residential Care Home
(519) 859-0133 x

226 Queen St S - Daring Residential Care Home

Rahim Charania

(519) 859-0133

(519) 859-0133

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