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650 1/2 Queen Street W Toronto (Trinity-Bellwoods), Ontario M6J 1E4

3600 sqft
Hot Water Radiator Heat

$288,888

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:41954)

Business

Business Type Accommodation
Business Sub Type Motel

Property Details

MLS® Number C12423549
Property Type Business
Community Name Trinity-Bellwoods

Building

Age 100+ Years
Heating Type Hot Water Radiator Heat
Size Exterior 3600 Sqft
Size Interior 3600 Sqft
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 122 Ft
Size Frontage 21 Ft
Size Irregular Bldg=21 X 122 Ft
Size Total Text Bldg=21 X 122 Ft
Zoning Description Cr3(c1.5;r2.5*1579)

https://www.realtor.ca/real-estate/28906169/650-12-queen-street-w-toronto-trinity-bellwoods-trinity-bellwoods

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