Upper - 83 Elm Grove W Toronto, Ontario M6K 1L5
$799,900
8,000 + sq/ft + 2,500 sq/ft rooftop patio. QUEEN WEST 80-bed hostel/room rental business for sale steps to Liberty Village, transit, and Torontos top attractions this meticulously maintained upper-level operation offers a rare turnkey opportunity in one of the city's most desirable and tourist-friendly locations. Featuring a rooftop patio and unbeatable walkability, it's an ideal landing spot for visitors and a proven income generator for operators. The business is well-established with consistent revenue, a solid reputation, and minimal operational oversight required. With strong cash flow, there's potential to make back your initial investment within 2 years. Further upside exists through increased occupancy, added services, or targeting higher-end clientele. The versatile upper-level layout allows for flexible use and optimization. A prime investment in a dynamic, high-demand area with exceptional long-term value. (id:50886)
Business
| Business Type | Accommodation |
| Business Sub Type | Motel |
Property Details
| MLS® Number | W12046892 |
| Property Type | Business |
| Community Name | South Parkdale |
| Amenities Near By | Public Transit |
| Parking Space Total | 1 |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiant Heat |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Zoning Description | Commercial / Res |
Contact Us
Contact us for more information
Dani Habbal
Salesperson
(905) 278-8866
(905) 278-8881
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April 16 2025 02:39:56
Toronto Regional Real Estate Board
Keller Williams Real Estate Associates