For Sale

650 1/2 Queen Street, Toronto C01, Ontario M6J 1E4

$0

650 1/2 Queen Street, Toronto C01, Ontario M6J 1E4 is For Sale and has a listing price of 288,888. The property is located in the Toronto C01 . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: C12423549
  • Office Name ENGEL & VOLKERS TORONTO CENTRAL
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.

Property Details
  • MLS ID: C12423549
  • Price: $288,888
  • Lot Depth: 122
  • Transaction Types: For Sale
  • Ref ID: C12423549
  • Year Built: N/A
  • Dir / Cross St: Queen St W & Palmerston Ave
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • 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
09/24/2025 C12423549 $288,888 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C01
  • $937,256 Average List Price
    based on 1 year
  • 664 New Listings
    based on 30 days
  • 41 Median Days on Market
    based on 1 year
  • List vs. Selling Price 242.58 % Up
  • Sold (12mo) 758
  • Rented (12mo) 1,711

  • 1 Month Change +237.5%
  • 3 Month Change +129.6%
  • 6 Month Change -47.3%
Walkscore
Additional Details
  • Heat Type Water Radiators
  • Garage Type Outside/surface
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 24/09/2025 14:46:56
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