650 1/2 Queen ST W new

Toronto C01,ON M6J 1E4

$ 288888

- Bed

- Bath

3600 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $80

Subdivision Trinity-Bellwoods

MLS Listing ID C12423549

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

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.

Location

State ON

County Toronto

Community Trinity-Bellwoods

Area Toronto

Zoning CR3(c1.5;r2.5*1579)

Interior

Cooling No

Inclusions List of furnishings, fixtures, appliances, equipment, technology, office, supplies and miscallaneous are all attached as schedule.

Exterior

Utilities Available Yes

Lot Frontage 21.0

Lot Depth 122.0

Building

Building Age 100+

Others

Security Features Yes

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