10 BED HOME FOR SPECIAL CARE - THUNDER BAY - LIST $389,900 - SOLD

Sold

This 10 bed Home for Special Care has a gross of about $180,000 per year and a net of about $110,00 .This income is completely tax free as per the Federal Tax Code.e Payment ($15,000) per month is directly from the Ministry of Health Long Term Care. There are minimal vacancies and most residents are long term and even life long.The home has 8 bedrooms and a separate 2 bedroom apartment for the owner. Only 10 minute drive to Thunder Bay city centre. Lots of possibilities with approximately 70 acres of land. Note the 3 car garage with elecrical power and separate meter.