$8,900,000 FOR SALE

Business for Sale

Hotel/Motel/Inn

Lot: 33 x 132 ftTotal Area: 8,877 ft2
2019 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
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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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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.