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$ 7,250,000
Est. payment /mo
Active
137 Jarvis ST Toronto C08, ON M5C 2H6
8,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $823
Subdivision Moss Park
MLS Listing ID C11999478
Annual Tax Amount $18,740
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Toronto
Community Moss Park
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 33.0
Lot Depth 131.89
Others
Security Features No
Listed by RE/MAX ALL-STARS REALTY INC.