650 1/2 Queen Street W, Toronto C01, ON M6J 1E4

Toronto C01 M6J 1E4 Ontario

MLS: C12423549

$288,888

Added 4 hours ago | For Sale

Listed by: ENGEL & VOLKERS TORONTO CENTRAL

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 21 X 122
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Queen St W & Palmerston Ave
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Water Radiators
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:C12423549

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