$8,900,000 FOR SALE
Business for Sale
Hotel/Motel/Inn
Lot: 33 x 132 ftTotal Area: 8,877 ft22019 Taxes: $15,094.13
137 Jarvis St
Toronto, ON
M5C 2H6 | Church-Yonge Corridor
Amazing Opportunity To Own A Key Property In The Fastest Growing City In The World. Located In Downtown Toronto. The Property Is Currently Being Operated As A Short Term Residence. Potential Buyer Has The Option To Continue Operations As Is, Or Choose To Convert Use After Closing. Vacant Possession Possible.
Extras
Excellent Opportunity To Own A Downtown Core Asset. Redevelopment Opportunity. Great Potential For Someone To Improve Current Business Model, Or Revamp The Property Into Hostel, Air Bnb, Apartments, Student Rentals, Medical Office, Etc.
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| Listed By | SOTHEBY`S INTERNATIONAL REALTY CANADA, Brokerage |
|---|---|
| MLS® Listing Number | C4979734 |
| Last Updated | Nov 05, 2020 |
Property Summary
| Property Type | Business For Sale |
|---|---|
| Use | Hotel/Motel/Inn |
| Franchise | Non-Franchise |
| Category | With Property |
| PIN | 210940085 |
| Legal Description | Pt Of Gore In Front Of Park Lt 6 E/S ** |
| Occupancy | Owner |
| Possession Date | 30/60/90 Days |
| Taxes (2019) | $15,094.13 |
| Tax Type | Annual |
| Directions/Cross Streets | Jarvis & Richmond |
| Community | Church-Yonge Corridor |
| Area | Toronto |
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
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 |
| Days Open | 7 |
| Hours Open | 24 |
| LLBO | N |
| Heat Type | Elec Hot Water |
| Financial Statement | N |
| Sprinklers | N |
| Sewers | San+Storm |
| Utilities | Y |
| Water | Municipal |
| Rail | N |
| Lot/Bldg/Unit Code | Lot |
| Zoning | Ra |
| Seller Property Info Statement | N |
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