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$7,100,000
Available - For Sale
Listing ID: C8041152
Prominently Positioned In The Downtown Core, This Property Offers An Exceptional Opportunity For An Owner-User Or Value-Add Investor In Hospitality/Development/Investment. Current Use As A Hotel + Extended Stay Residence With 33 Rooms Across 3 Storeys Offering A Mix Of Suites With Kitchenette + Private Bathrooms & Rooms With Shared Kitchen + Living Common Areas & Rooftop Terrace With Skyline View. Limitless Potential To Expand On Layout & Modernize To Urban Boutique Concept Or Acquire As Future Growth Asset. Vendor open to VTB from 12-36 Months.
Extras:   Site Area Of 4,300 Sqft + Significant Building Area Of 8,800+ Sqft. Ideal For Continued Or Other Permitted Service, Hospitality, Retail, Accommodation Uses, Redevelopment Potential. Full Package & Additional Info Available.
Price $7,100,000
Taxes: $16,556.66
Tax Type: Annual
Occupancy by: Tenant
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: Accommodation
Use: Hotel/Motel/Inn
Building Percentage: Y
Total Area: 8,877
Total Area Code:  Sq Ft
Retail Area: 90
Retail Area Code: %
Area Influences: Public Transit   Rec Centre
Financial Statement: N
Chattels: N
Franchise: N
Days Open: 7
LLBO: N
Expenses Actual/Estimated: $Est
Sprinklers: N
Heat Type: Water Radiators
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY`S INTERNATIONAL REALTY CANADA

137 Jarvis St , Toronto, M5C 2H6, Ontario


 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Church-Yonge Corridor
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Lot Size: 33.00 x 131.31(Feet)
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Tax: $16,556.66
Maintenance Fee: $0
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