REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 288,888
Est. payment | /mo
$ 288,888
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
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
Province 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
Parking Features Outside/Surface
Utilities Available Yes
Building
Building Age 100+
Lot Description Building
Lited by ENGEL & VOLKERS TORONTO CENTRAL