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.
Overview
Property ID:
W12255842
Type:
Sale Of Business
Square:
8,000 m²
Price:
$499,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Partial
Heating:
Radiant
ParkingFeatures:
Outside/Surface
YearBuilt:
51-99
TaxAnnualAmount:
67817.1
PossessionDetails:
Immediate
Map
-
AddressToronto W01
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