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In-PersonVirtual Tour
$ 288,888
Est. payment /mo
New
650 1/2 Queen ST W Toronto C01, ON M6J 1E4
3,600 SqFt
UPDATED:
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
Listed by ENGEL & VOLKERS TORONTO CENTRAL
