Toronto (church-yonge Corridor), ON M5C2H6,137 JARVIS STREET
Toronto (church-yonge Corridor), ON M5C2H6,137 JARVIS STREET
Toronto (church-yonge Corridor), ON M5C2H6,137 JARVIS STREET
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$6,500,000
Est. payment /mo
8,877 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,877 sqft

Price per Sqft $732

Subdivision Church-Yonge Corridor

MLS® Listing ID C10406264

Originating Board Toronto Regional Real Estate Board

Property Description

Strategically located in the heart of Toronto's vibrant downtown, 137 Jarvis Street presents an extraordinary value-add investment or end-user opportunity in one of the city's most dynamic neighbourhoods. This property, currently operating as a short-term and extended-stay residence, features 33 rooms across three stories. The accommodation mix includes suites with kitchenettes, private bathrooms, and rooms with shared kitchen common living spaces and bathrooms. The property features a rooftop terrace, providing a unique amenity and added potential and a private service driveway for two vehicles.137 Jarvis Street is well-suited for continued operations or transformation into other permitted uses, including hospitality, retail accommodation, or mixed-use redevelopment. Investors and operators will appreciate the significant potential to modernize and reposition the property into an urban boutique concepts including hotel, serviced residences, student housing or taking advantage of the site's excellent footprint and prime location. With limitless possibilities for growth and expansion, this property is an ideal acquisition for those looking to capitalize on Toronto's thriving downtown market. (id:24570)

Location

Province ON

Interior

Heating Hot water radiator heat

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No


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Jeffrey Sefton

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137 JARVIS STREET