83 Elm GRV W #Upper new Save Request In-Person Tour Request Virtual Tour
Toronto W01,ON M6K 1L5
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
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