Upper - 83 Elm Grove W Toronto, Ontario M6K 1L5
$599,900
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:61445)
Business
| BusinessType | Accommodation |
| BusinessSubType | Motel |
Property Details
| MLS® Number | W12046892 |
| Property Type | Business |
| Community Name | South Parkdale |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 1 |
Building
| CoolingType | Partially Air Conditioned |
| HeatingType | Radiant Heat |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| ZoningDescription | Commercial / Res |
Interested?
Contact us for more information
Dani Habbal
Salesperson
103 Lakeshore Rd East
Mississauga, Ontario L5G 1E2
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March 28 2025 12:10:07
Keller Williams Real Estate Associates