137 Jarvis Street,Toronto C08, ON M5C 2H6
Toronto C08, ON M5C 2H6
Description
Prime Downtown Toronto Hospitality & Redevelopment Opportunity137 Jarvis Street | 8,800 SF Building | 33-Room Hotel | 4,300 SF LotAn exceptional opportunity to acquire a prominently located commercial asset in the heart of downtown Toronto. Situated on a 4,300 sq. ft. lot, this 8,800 sq. ft. building currently operates as a 33-room hotel and extended-stay residence, offering immediate income and significant long-term redevelopment potential.Key Investment Highlights:Coveted downtown location, steps to the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence MarketLocated in a high-exposure corridor with strong foot traffic and surrounding amenitiesRooftop terrace with sweeping skyline views ideal for future guest amenities or a rooftop loungePrivate driveway with on-site parking for two vehiclesZoned for flexible commercial uses, including:Hotel or short-term accommodationsStudent housing or co-living conceptsRetail, office, or mixed-use redevelopmentStrategic Redevelopment Flexibility:Perfect for repositioning as a boutique hotel, hospitality-residential hybrid, or vibrant mixed-use project. With strong transit access, cultural landmarks nearby, and ongoing downtown intensification, this site offers both short-term cash flow and long-term value creation.Vendor Take-Back Mortgage Available:A Vendor Take-Back (VTB) mortgage is available to qualified buyers (12 to 36 months), providing financing flexibility for acquisition or repositioning strategies.137 Jarvis Street offers a rare chance to own a high-performing, centrally located hospitality asset with development potential in one of Torontos most rapidly evolving urban nodes.
Details
| MLS# | C11999802 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 56 |
| Listing Provided By | RE/MAX ALL-STARS REALTY INC. | C11999802 142000 |
Features
| SQ Feet | 8,800 |
|---|---|
| Acreage | 0.20 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5C 2H6 |
| Area | Moss Park |
| Listing VS Median (in M5C 2H6) | |
Price: $7,250,000 low | high Med: $7,250,000 SqFt: 8,800 low | high Med: 8,800 $ / SqFt: $824 low | high Med: $824 On site: 56 low | high Med: 56.000000 | |
