For Sale

83 Elm Grove Unit# Upper, Toronto (South Parkdale), Ontario M6K1L5

$799,900

83 Elm Grove Unit# Upper, Toronto (South Parkdale), Ontario M6K1L5 is For Sale and has a listing price of 799,900. The property is located in the neighbourhood. It's been on the website for 19 Days.

  • Business
    Property Type
  • 1
    Parking Spaces
  • MLS ID: W12046892
  • Office Name KELLER WILLIAMS REAL ESTATE ASSOCIATES
Property Description

8,000 + sq/ft + 2,500 sq/ft rooftop patio. QUEEN WEST 80-bed hostel/room rental business for sale steps to Liberty Village, transit, and Torontos top attractions this meticulously maintained upper-level operation offers a rare turnkey opportunity in one of the city’s most desirable and tourist-friendly locations. Featuring a rooftop patio and unbeatable walkability, it’s an ideal landing spot for visitors and a proven income generator for operators. The business is well-established with consistent revenue, a solid reputation, and minimal operational oversight required. With strong cash flow, there’s potential to make back your initial investment within 2 years. Further upside exists through increased occupancy, added services, or targeting higher-end clientele. The versatile upper-level layout allows for flexible use and optimization. A prime investment in a dynamic, high-demand area with exceptional long-term value. (id:43137)

Property Details
  • MLS ID: W12046892
  • Price: $799,900
  • Transaction Types: For Sale
  • Ref ID: 28086355
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
03/27/2025 W12046892 $599,900 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto (South Parkdale)
  • $1,076,987 Average List Price
    based on 1 year
  • 71 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +23.9%
  • 3 Month Change +106.7%
  • 6 Month Change -3.3%
Walkscore
  • 97 Walk Score
    Walker's Paradise
  • 87 Transit Score
    Excellent Transit
  • 84 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    43.22%
  • Commercial
    5.87%
  • Condo
    50.9%
Additional Details
  • Heating System Radiant Heat
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Total Parking Spaces: 1
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/03/2025 00:00:00
  • Zoning Cd43
  • Agent Name: DANI HABBAL
  • Last Updated: 04/04/2025 15:10:12
Open House Dates
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