For Sale

83 Elm Grove Avenue, Toronto W01, Ontario M6K 2J2

$499,000

83 Elm Grove Avenue, Toronto W01, Ontario M6K 2J2 is For Sale and has a listing price of 499,000. The property is located in the Toronto W01 . It's been on the website for 14 Days.

  • Sale Of Business
    Property Type
  • MLS ID: W12255842
  • Office Name THE BEHAR GROUP REALTY INC.
Property Description

The Parkdale Hostellerie, a turnkey boutique hostel ideally located at 83 Elm Grove Avenue in Toronto’s vibrant Parkdale neighbourhood. Just minutes from Queen West, the waterfront, and downtown, this fully operational property features guest rooms with a mix of dormitory and private apartment-style accommodations, offering approximately 72 beds. The building includes communal kitchens, lounges, 2,500 SF outdoor terrace space, and guest amenities such as Wi-Fi, air conditioning, and laundry. With strong occupancy, excellent guest reviews, and a distinctive, community-focused atmosphere, the Hostellerie appeals to budget-conscious travelers and groups alike. An exceptional opportunity for investors or hospitality operators seeking a character-rich, income-generating asset in one of Toronto’s most dynamic areas.

Property Details
  • MLS ID: W12255842
  • Price: $499,000
  • Lot Depth: 116.71
  • Transaction Types: For Sale
  • Ref ID: W12255842
  • Year Built: N/A
  • Dir / Cross St: Queen & Elm Grove
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/02/2025 W12255842 $499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto W01
  • $1,247,158 Average List Price
    based on 1 year
  • 218 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 144.59 % Up
  • Sold (12mo) 155
  • Rented (12mo) 531

  • 1 Month Change -24.2%
  • 3 Month Change -73.0%
  • 6 Month Change -63.8%
Walkscore
Additional Details
  • Heat Type Radiant
  • Garage Type Outside/surface
  • Parking Spaces: 1
  • Taxes: $67,817
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 02/07/2025 14:46:33
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