650 1/2 Queen Street W, Toronto, Ontario M6J 1E4

Listed for:
$288,888
0 beds
0 baths
Listed 58 days ago
650 1/2 Queen Street W, Toronto, Ontario M6J 1E4

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Learn more about this property
Listing provided by:
ENGEL & VOLKERS TORONTO CENTRAL
MLS® number:
C12423549
Agent:
Gelareh Jin
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About

Queen St W & Palmerston Ave 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:27476)

Property Highlights

MLS® Number
C12423549
Type
Business
Community Name
Trinity-Bellwoods
Land Size
Bldg=21 x 122 FT

Building

Square Footage
3600 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiator
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Street Spotlight - For sale