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$7,250,000
Available - For Sale
Listing ID: C11999478
Prime Downtown Toronto Hospitality & Redevelopment Opportunity137 Jarvis Street | 8,800 SF Building | 33-Room Hotel | 4,300 SF LotAn exceptional opportunity to acquire a prominently located commercial asset in the heart 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, offering immediate income and significant long-term redevelopment potential.Key Investment Highlights:Coveted downtown location, steps to the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence MarketLocated in a high-exposure corridor with strong foot traffic and surrounding amenitiesRooftop terrace with sweeping skyline views ideal for future guest amenities or a rooftop loungePrivate driveway with on-site parking for two vehiclesZoned for flexible commercial uses, including:Hotel or short-term accommodationsStudent housing or co-living conceptsRetail, office, or mixed-use redevelopmentStrategic Redevelopment Flexibility:Perfect for repositioning as a boutique hotel, hospitality-residential hybrid, or vibrant mixed-use project. With strong transit access, cultural landmarks nearby, and ongoing downtown intensification, this site offers both short-term cash flow and long-term value creation.Vendor Take-Back Mortgage Available:A Vendor Take-Back (VTB) mortgage is available to qualified buyers (12 to 36 months), providing financing flexibility for acquisition or repositioning strategies.137 Jarvis Street offers a rare chance to own a high-performing, centrally located hospitality asset with development potential in one of Torontos most rapidly evolving urban nodes.
Price $7,250,000
Taxes: $18,740.58
Tax Type: Annual
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 131.89 (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
Category: Retail
Building Percentage: T
Total Area: 8,800
Total Area Code:  Square Feet
Retail Area: 4000
Retail Area Code: Sq Ft
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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At a Glance:
Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
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Lot Size: 33.00 x 131.89(Feet)
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Tax: $18,740.58
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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