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$7,250,000
Available - For Sale
Listing ID: C11999802
Prime Downtown Toronto Hotel, Investment & End-User and may other Opportunities 137 Jarvis Street An exceptional value-add investment or end-user opportunity in the heart of Toronto's vibrant downtown core! 137 Jarvis Street is a freestanding commercial property offering 8,800+ SF of building area on a 4,300 SF site. Currently operating as a hotel and extended-stay residence with 33 rooms, this property presents limitless potential for continued hospitality use or redevelopment into retail, accommodation, or mixed-use space. Key Features: 8,800+ SF across 3 storey's with a 4,300 SF site area 33 rooms mix of private suites with kitchenettes & shared accommodations Rooftop terrace with city skyline views Private service driveway for 2 vehicles High-foot-traffic location near Eaton Centre, Toronto Metropolitan University, George Brown College & St. Lawrence Market Strong potential for redevelopment boutique hotel, student housing, mixed-use commercial, or retail Zoning permits various service, hospitality, and accommodation uses Vendor Take-Back (VTB) Mortgage Available (12-36 Months)A rare opportunity to acquire, reposition, or redevelop a prime asset in one of Toronto's most dynamic neighborhoods.
Price $7,250,000
Taxes: $18,741
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 137 Jarvis St , Toronto, M5C 2H6, Ontario
Postal Code: M5C 2H6
Province/State: Ontario
Legal Description: PT PT OF GORE IN FRONT OF PARKLT 6 E/S J
Lot Size: 33 x 131.31 (Feet)
Directions/Cross Streets: Jarvis & Richmond
Zoning: CR SS1 (x339)
Category: Retail
Building Percentage: Y
Total Area: 8,800
Total Area Code:  Sq Ft
Sprinklers: N
Outside Storage: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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RE/MAX ALL-STARS REALTY INC.

137 Jarvis St , Toronto, M5C 2H6, Ontario

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Moss Park
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Lot Size: 33.00 x 131.31(Feet)
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Tax: $18,741
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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