83 Elm Grove, Toronto W01, ON Image 1

$799,900

Last price change 13 hours ago

Sale Of Business For Sale
MLS - #W12046892
13 hours ago- By KELLER WILLIAMS REAL ESTATE ASSOCIATES

83 Elm Grove, Toronto W01, ON M6K 1L5

Bed
Bath
Lane Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A Sqft

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

13 hours ago

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Radiant
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
79990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 83 Elm Grove

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3055.08/ month
$639,920 Principal and Interest

Some information about this property - Elm Grove

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