$9,999,786 FOR SALE

Franchise Business for Sale

Hotel/Motel/Inn

Lot: 33 x 132 ftTotal Area: 8,877 ft2
2020 Taxes: $15,094.13

137 Jarvis St
Toronto, ON M5C 2H6 | Church-Yonge Corridor

Developers, Investors, Builders Look No Further. Great Redevelopment Opportunity.Richmond/ Jarvis Intersection Area Is Getting Gentrified. A Chance To Own A Piece Of Downtown Asset. The Buyer Has The Option To Renovate The Existing Business Setup Or Vacant Possession Is Also An Option. Endless Business Idea Possibilities, Including A Dance Studio, Artists Studio, Martial Arts School, Restaurant, Or Retail Outlet.

Extras
Currently Being Used As A Short- Term Residence For Travelers, Students & Professionals. Owner Retiring. Buyer Can Convert Use . ( Hostel, Airbnb, Apartments, Student Rental, Medical ,Offices .. )

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Listed By ROYAL LEPAGE CREDIT VALLEY REAL ESTATE, Brokerage
MLS® Listing Number C4853580
Last Updated Sep 22, 2020
Property Summary
Property Type Business For Sale
Use Hotel/Motel/Inn
Franchise Franchise
Category With Property
PIN 210940085
Legal Description Pt Of Gore In Front Of Park Lt 6 E/S **
Occupancy Tenant
Possession Date 60/90 Days
Taxes (2020) $15,094.13
Tax Type Annual
Directions/Cross Streets Jarvis & Richmond
Community Church-Yonge Corridor
Area Toronto
Price History
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Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 33 x 132 ft
Total Area 8,877 ft2
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Hours Open 24 Hour
LLBO N
Employees 3
Heat Type Elec Hot Water
Financial Statement Y
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning Ra Possibility To Build 9 Stories
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.