Amazing opportunity in the recession proof Care Home Industry. This 51 unit care home sitting on a beautiful 5 acre parcel within the city has been fully renovated and is in turn-key condition, including updated commercial kitchen and dining facilities. Within the property grounds there is also an extra 48 rental units in 7 buildings. Nursing home can accommodate residents requiring Level 1, 2 and 3 care. There are currently only 28 residents out 51 available spots in the nursing home and there are only 39 of 48 of the residential rental units occupied, so with the right management team the remaining units could be filled and the true value of the business can be realized. Financials are available upon request (id:31684)

Listing courtesy of: Lou Doderai of Royal LePage Icon Realty

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