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FARHANG RAFII

Sales Representative
IPRO REALTY LTD., Brokerage Independently owned and operated. 1396 Don Mills Rd #101 Bldg E., Toronto, Ontario M3B 3N1 Cell: 647-606-4145Office: 416-364-4776Fax: 416-364-5556

$499,000
Available - For Sale
Listing ID: W12255842
83 Elm Grove Aven , Toronto, M6K 2J2, Toronto
Listing image


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.
Price $499,000
Taxes: $67817.10
Tax Type: Annual
Occupancy: Tenant
Address: 83 Elm Grove Aven , Toronto, M6K 2J2, Toronto
Postal Code: M6K 2J2
Province/State: Toronto
Directions/Cross Streets: Queen & Elm Grove
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Hotel/Motel/Inn
Building Percentage: T
Total Area: 8000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Approximatly Age: 51-99
Business/Building Name: Parkdale Hostellerie
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: 24 hour
Employees #: 5
Seats: 0
Sprinklers: No
Washrooms: 0
Heat Type: Radiant
Central Air Conditioning: Partial
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THE BEHAR GROUP REALTY INC.
Personal Picture
FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
416-364-4776
Fax:
416-364-5556
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W01
Neighbourhood: South Parkdale
Style:
Lot Size: x 116.71(Feet)
Approximate Age: 51-99
Tax: $67,817.1
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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