$599,900
Available - For Sale
Listing ID: W12046892
83 Elm Grov West , Toronto, M6K 1L5, Toronto
| 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. |
| Price | $599,900 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 83 Elm Grov West , Toronto, M6K 1L5, Toronto |
| Postal Code: | M6K 1L5 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Queen/Dufferin |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Hotel/Motel/Inn |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 24 |
| Employees #: | 5 |
| Seats: | 80 |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KELLER WILLIAMS REAL ESTATE ASSOCIATES |
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Wally Islam
Real Estate Broker
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416-949-2626
Bus:
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Fax:
905-913-8585
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto W01 |
| Neighbourhood: | South Parkdale |
| Fireplace: | N |
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