Economy/Micro Hotel for sale located on desirable Queen West near Trinity-Bellwoods Park, Kensington Market, Chinatown, Entertainment District, Fashion/Design District and many more tourist spots. Key card system at front door with code entry to each room. Hotel project is incomplete so there are still opportunity for new owner to redesign or remodel to their plan.
Hotel project began in March 2019 with sales revenue commencing beginning May 2019. 11/14 units available, 2 units combined can be turned into a large dorm suite or kitchen/common lounge room. 9 units are operational with one unit for live-in manager. 3 units are still tenanted but will become available for hotel use.
This is a profitable business pre- and post-2020 with great occupancy rates. Ideal for experienced Airbnb hosts who want to expand and get their foot into a legitimate hotel operation. Listings with Airbnb, Booking.com and Expedia partners. Brokers welcome.
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