$499,000
Available - For Sale
Listing ID: W12255842
83 Elm Grove Aven , Toronto, M6K 2J2, Toronto
| The Parkdale Hostellerie, a turnkey boutique hostel ideally located at 83 Elm Grove Avenue in Toronto's vibrant Parkdale neighbourhood. Just minutes from Queen West, the waterfront, and downtown, this fully operational property features guest rooms with a mix of dormitory and private apartment-style accommodations, offering approximately 72 beds. The building includes communal kitchens, lounges, 2,500 SF outdoor terrace space, and guest amenities such as Wi-Fi, air conditioning, and laundry. With strong occupancy, excellent guest reviews, and a distinctive, community-focused atmosphere, the Hostellerie appeals to budget-conscious travelers and groups alike. An exceptional opportunity for investors or hospitality operators seeking a character-rich, income-generating asset in one of Toronto's most dynamic areas. |
| Price | $499,000 |
| Taxes: | $67817.10 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 83 Elm Grove Aven , Toronto, M6K 2J2, Toronto |
| Postal Code: | M6K 2J2 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Queen & Elm Grove |
| 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 |
| Category: | Without Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | T |
| Total Area: | 8000.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 51-99 |
| Business/Building Name: | Parkdale Hostellerie |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 24 hour |
| Employees #: | 5 |
| Seats: | 0 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
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| THE BEHAR GROUP REALTY INC. |
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|
Zannatal Ferdoush
Sales Representative
Dir:
(416) 847-5288
Bus:
(416) 847-5288
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto W01 |
| Neighbourhood: | South Parkdale |
| Approximate Age: | 51-99 |
| Tax: | $67,817.1 |
| Fireplace: | N |
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