UPPER - 83 ELM GROVE WToronto (South Parkdale), ON M6K1L5




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$3,6498,000 + 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:31684)
3 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Price changed to $799,900 | |
a month ago | Listing first seen on site |
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