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$7,250,000
Available - For Sale
Listing ID: C11999802
Prime Downtown Toronto Hotel Opportunity 137 Jarvis StreetAn exceptional opportunity for investors or end-users to acquire a versatile commercial asset in the heart of downtown Toronto. Situated on a 4,300 sq. ft. lot, this 8,800 sq. ft. building is currently operating as a hotel and extended-stay residence with 33 rooms, offering immediate income potential and long-term redevelopment value.Property Highlights:Unbeatable downtown location near the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence MarketHigh foot traffic area with strong urban visibility and vibrant surrounding amenitiesRooftop terrace with panoramic skyline views ideal for future guest or event usePrivate service driveway with parking for two vehiclesFlexible zoning permits a variety of commercial uses, including hospitality, retail, accommodation, or mixed-use developmentWith strong potential for repositioning or redevelopment, this property is well-suited for conversion to a boutique hotel, student housing, or mixed-use commercial and retail hub.A Vendor Take-Back (VTB) mortgage is available (12-36 months), adding financing flexibility for the right buyer. A high-profile property in one of Torontos most energetic and evolving downtown neighborhoods with the location, layout, and zoning to support a wide range of future possibilities.
Price $7,250,000
Taxes: $18,741
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner
Address: 137 Jarvis Stre , Toronto, M5C 2H6, Toronto
Postal Code: M5C 2H6
Province/State: Toronto
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
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Retail
Building Percentage: T
Total Area: 8,800
Total Area Code:  Square Feet
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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RE/MAX ALL-STARS REALTY INC.

137 Jarvis Stre , Toronto, M5C 2H6, Toronto

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

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
Style:
Lot Size: 33.00 x 131.31(Feet)
Approximate Age:
Tax: $18,741
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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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