17
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$799,900
Est. payment /mo
Active
83 Elm GRV W #Upper Toronto W01, ON M6K 1L5
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision South Parkdale
MLS Listing ID W12046892
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Toronto
Community South Parkdale
Area Toronto
Interior
Cooling Partial
Exterior
Community Features Public Transit
Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES