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In-PersonVirtual Tour
$ 288,888
Est. payment /mo
Active
650 1/2 QUEEN STREET W Toronto (trinity-bellwoods), ON M6J1E4
3,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $80
Subdivision Trinity-Bellwoods
MLS® Listing ID C12423549
Source Toronto Regional Real Estate Board
Property Description
Ideal for Newcomers and Passive Income Seekers!The Queen Nest Hotel is nestled in Torontos vibrant and modern Trinity- Bellwoods neigbourhood, renowned for its fashion-forward appeal. Located at the prime intersection of Palmerston and Queen Street West, this hostel-hotel hybrid offers a unique blend of modern, clean accommodations perfect for solo travelers . With a robust monthly cash flow of approximately $25,000 to $35,000, its a highly profitable and cash-positive investment. The business is a low management set up for a turnkey transition, allowing the new owner to be as hands-on or hands-off as they prefer. For all financial disclosures, were happy to provide an NDA to ensure confidentiality. Please call L.A. for setting up tours of the business or for any questions. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot water radiator heat
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by ENGEL & VOLKERS TORONTO CENTRAL
