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$7,250,000
Available - For Sale
Listing ID: C11999802
Prime Downtown Toronto Hospitality & Redevelopment Opportunity137 Jarvis Street | 8,800 SF Building | 33-Room Hotel | 4,300 SF LotRare opportunity to acquire a well-positioned commercial asset in the core of downtown Toronto. Situated on a 4,300 sq. ft. lot, this 8,800 sq. ft. building currently operates as a 33-room hotel and extended-stay residence, delivering immediate income and exceptional long-term redevelopment potential.Strategically located just steps from the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence Market, this high-exposure property is surrounded by dense residential and institutional developments, offering strong foot traffic and connectivity.Investment Highlights:Prime downtown location in a high-traffic, high-growth areaRooftop terrace with skyline viewsideal for future amenity space or rooftop activationPrivate driveway with on-site parking for two vehiclesZoned CR, permitting a wide range of commercial uses: Hotel or short-term rental Student housing or co-living Retail, office, or mixed-use redevelopmentCurrent use provides stable holding income with operational hotel and extended-stay modelRedevelopment Flexibility:Ideal for repositioning as a boutique hotel, residential-hospitality hybrid, or mixed-use urban development. The property benefits from excellent transit access, strong area amenities, and supportive intensification policies.Vendor Take-Back Mortgage Available:A VTB mortgage (1236 months) is available to qualified buyers, offering flexibility for acquisition or redevelopment planning.137 Jarvis Street presents a compelling opportunity to own and transform a centrally located income-generating asset in one of Torontos most dynamic and evolving neighbourhoods.
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
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  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

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto C08
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
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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