511 Queensville Sideroad presents an opportunity to acquire an income-producing seniors residence situated on approximately 13.91 acres in East Gwillimbury, Ontario. Operating as Pleasant Valley Rest Home, the property is licensed for up to 20 residents and currently maintains occupancy of 19 of its 20 beds, generating reported gross annual income of approximately $614,400. The existing residence includes private resident accommodations, common living areas, dining facilities, and on-site support amenities designed for senior care operations.
Beyond its current income stream, the property offers potential future redevelopment and expansion considerations. Architectural concepts have been prepared for a larger retirement residence that would significantly expand resident capacity, and preliminary discussions have occurred with municipal stakeholders regarding long-term development possibilities.