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83 Elm Grove Image 1

$799,900

Last price change Apr 4

Mar 28Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #W12046892

83 Elm Grove, Toronto W01, ON M6K 1L5

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Average Price
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Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 83 Elm Grove

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.

Home Overview

Last updated

Apr 16

Virtual tour

None

Basement information

Building size

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Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

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Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES

Additional Details

Basement:N/A
Cooling:Partial
Heating:Radiant
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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