137 Jarvis ST Active Save Request In-Person Tour Request Virtual Tour
Toronto C08,ON M5C 2H6
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $823
Subdivision Moss Park
MLS Listing ID C11999802
Annual Tax Amount $18,741
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime Downtown Toronto Hospitality & Redevelopment Opportunity137 Jarvis Street | 8,800 SF Building | 33-Room Hotel | 4,300 SF LotRare opportunity to acquire a well-positioned commercial asset in the core 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, delivering immediate income and exceptional long-term redevelopment potential.Strategically located just steps from the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence Market, this high-exposure property is surrounded by dense residential and institutional developments, offering strong foot traffic and connectivity.Investment Highlights:Prime downtown location in a high-traffic, high-growth areaRooftop terrace with skyline viewsideal for future amenity space or rooftop activationPrivate driveway with on-site parking for two vehiclesZoned CR, permitting a wide range of commercial uses: Hotel or short-term rental Student housing or co-living Retail, office, or mixed-use redevelopmentCurrent use provides stable holding income with operational hotel and extended-stay modelRedevelopment Flexibility:Ideal for repositioning as a boutique hotel, residential-hospitality hybrid, or mixed-use urban development. The property benefits from excellent transit access, strong area amenities, and supportive intensification policies.Vendor Take-Back Mortgage Available:A VTB mortgage (1236 months) is available to qualified buyers, offering flexibility for acquisition or redevelopment planning.137 Jarvis Street presents a compelling opportunity to own and transform a centrally located income-generating asset in one of Torontos most dynamic and evolving neighbourhoods.
Location
Province ON
County Toronto
Community Moss Park
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes