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$799,900
Available - For Sale
Listing ID: W12046892
83 Elm Grov West , Toronto, M6K 1L5, Toronto


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.
Price $799,900
Taxes: $0.00
Tax Type: Annual
Occupancy by: Tenant
Address: 83 Elm Grov West , Toronto, M6K 1L5, Toronto
Postal Code: M6K 1L5
Province/State: Toronto
Directions/Cross Streets: Queen/Dufferin
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Hotel/Motel/Inn
Total Area: 0.00
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 24
Employees #: 5
Seats: 80
Washrooms: 0
Heat Type: Radiant
Central Air Conditioning: Partial
Schools

8 public & 8 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

2 playgrounds, 2 community centres and 1 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 2 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $39,944.4 $79,888.8 $119,833.2 $159,777.6
First Mortgage $758,943.6 $718,999.2 $679,054.8 $639,110.4
CMHC/GE $30,357.74 $22,288.98 $19,013.53 $0
Total Financing $789,301.34 $741,288.18 $698,068.33 $639,110.4
Monthly P&I $3,895.06 $3,658.12 $3,444.84 $3,153.89
Expenses $0 $0 $0 $0
Total Payment $3,895.06 $3,658.12 $3,444.84 $3,153.89
Income Required $146,064.73 $137,179.62 $129,181.54 $118,271.03

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$2,220.42
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REAL ESTATE ASSOCIATES
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W01
Neighbourhood: South Parkdale
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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