#Upper - 83 Elm Grove, Toronto, ON M6K 1L5

Toronto W01 M6K 1L5 Ontario

MLS: W12046892

$799,900

Added 9 days ago | For Sale

Listed by: KELLER WILLIAMS REAL ESTATE ASSOCIATES

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Lane
  • Driveway:
  • Heating Fuel:
  • Cross Street:Queen/Dufferin
  • Basement: ,
  • Possession Date:flexible
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12046892

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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