$7,999,995 FOR SALE

Investment

Lot: 33 x 131.31 ftTotal Area: 8,877 ft2
2023 Taxes: $16,556.66

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

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.

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.

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Listed By SOTHEBY`S INTERNATIONAL REALTY CANADA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8041152
Last Updated Mar 27, 2024
Property Summary
Property Type Investment

More like this:
Use Hotel/Motel/Inn
Category Accommodation
Legal Description Pt Pt Of Gore In Front Of Parklt 6 E/S Jarvis St
Occupancy Tenant
Possession Date TBA
Taxes (2023) $16,556.66
Tax Type Annual
Directions/Cross Streets Jarvis + Richmond
Neighbourhood Church-Yonge Corridor
Area Toronto
Price History
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Detailed Information
Freestanding Y
Lot 33 x 131.31 ft
Retail Area 90 percent
Total Area 8,877 ft2
Air Conditioning Y
Basement Y
Chattels N
Garage Type Lane
Parking Spaces 2
Days Open 7
LLBO N
Heat Type Water Radiators
Financial Statement N
Expenses Actual/Estimated Est
Area Influences Public Transit, Rec Centre
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Cr Ss1 (X339)
Seller Property Info Statement N

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