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$499,000
Available - For Sale
Listing ID: W12255842
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: $67,817.1
Tax Type: Annual
Occupancy by: Tenant
Address: 83 Elm Grove Aven , Toronto, M6K 2J2, Toronto
Postal Code: M6K 2J2
Province/State: Toronto
Directions/Cross Streets: Queen & Elm Grove
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Without Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 8,000
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
Maintenance: 0
Sprinklers: No
Heat Type: Radiant
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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THE BEHAR GROUP REALTY INC.

83 Elm Grove Aven , Toronto, M6K 2J2, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W01
Neighbourhood: South Parkdale
Style:
Lot Size: x 116.71(Feet)
Approximate Age: 51-99
Tax: $67,817.1
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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