About 650 1/2 Queen Street W
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.
Features of 650 1/2 Queen Street W
| MLS® # | C12423549 |
|---|---|
| Price | $288,888 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Sale Of Business |
| Status | Active |
Community Information
| Address | 650 1/2 Queen Street W |
|---|---|
| Area | Toronto |
| Subdivision | Trinity-Bellwoods |
| City | Toronto C01 |
| Province | ON |
| Postal Code | M6J 1E4 |
Amenities
| Garages | Outside/Surface |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Water Radiators |
|---|---|
| Cooling | No |
| Fireplace | No |
Listing Details
| Office | ENGEL & VOLKERS TORONTO CENTRAL |
|---|