KELLER WILLIAMS REAL ESTATE ASSOCIATES

$799,900

UPPER - 83 ELM GROVE W, Toronto, Ontario

Property

MLS® Number: W12046892

Address: UPPER - 83 ELM GROVE W

City: Toronto

Utilities

Heating: Radiant Heat

Parking

Parking Spaces: 1

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. (id:52316)

Property Sale History

Travel and Neighbourhood

Walker's Paradise

Location

Andy Wolf
Andy Wolf

Real Estate Agent

RE/MAX Escarpment

Contact Andy Wolf