Upper – 83 Elm Grove W, Toronto, Ontario M6K 1L5 (28086355)


LOADING

Partially Air Conditioned Radiant Heat

$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:54662)

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

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Dani Habbal
Salesperson

(416) 303-7589

Keller Williams Real Estate Associates
103 Lakeshore Rd East
Mississauga, Ontario L5G 1E2

(905) 278-8866
(905) 278-8881