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$4,500,000
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13569482
Annual Tax Amount $51,000
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Rare opportunity to acquire a licensed retirement home on approximately 1.415 acres with a licensed capacity of 52 beds. The facility offers approximately 32 resident rooms/suites, including a mix of private, semi-private and shared accommodations, as well as 3 self-contained apartment-style suites featuring private bedrooms, living areas, full kitchens and bathrooms.The property includes a commercial kitchen, spacious dining hall, multiple resident lounges, chapel, hair salon, staff lounge and several administrative and management offices. Approximately 40 washrooms are located throughout the facility, serving resident, staff and common areas.The current operation functions as a licensed retirement home and has historically operated as a long-term care/nursing home. During ownership, the property has benefited from numerous improvements including roof work, HVAC upgrades, commercial refrigeration upgrades, grease trap replacement, sewage system improvements, increased water capacity, fire and life safety system upgrades, flooring, interior painting and ongoing maintenance.An opportunity for investors, operators and healthcare providers seeking an established seniors' care facility with existing infrastructure. All measurements, room counts, capacities, licences and permitted uses are to be independently verified by the Buyer. Buyers are responsible for conducting their own due diligence regarding zoning, licensing, approvals and future intended use.
Location
Province ON
County Waterloo
Area Waterloo
Zoning V
Interior
Cooling Yes
Exterior
Parking Features None
Building
Lot Description Lot
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Lited by CENTURY 21 PROPERTY ZONE REALTY INC.
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