23
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$499,000
Est. payment /mo
Active
83 Elm Grove AVE Toronto W01, ON M6K 2J2
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto W01
Subdivision South Parkdale
MLS Listing ID W12255842
Annual Tax Amount $67,817
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Toronto
Community Toronto W01
Area Toronto
Interior
Cooling Partial
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 50.87
Lot Depth 116.71
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by THE BEHAR GROUP REALTY INC.
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