$288,888
Available - For Sale
Listing ID: C12423549
650 1/2 Queen Street West , Toronto, M6J 1E4, Toronto
| 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. |
| Price | $288,888 |
| Taxes: | $0.00 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 650 1/2 Queen Street West , Toronto, M6J 1E4, Toronto |
| Postal Code: | M6J 1E4 |
| Province/State: | Toronto |
| Legal Description: | PT LT 1 PL D114 TORONTO AS IN CA769809; |
| Directions/Cross Streets: | Queen St W & Palmerston Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | F |
| Total Area: | 3600.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Financial Statement: | T |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 10 am - |
| Employees #: | 4 |
| Seats: | 0 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ENGEL & VOLKERS TORONTO CENTRAL |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Trinity-Bellwoods |
| Approximate Age: | 100+ |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples