137 Jarvis ST Active Save Request In-Person Tour Request Virtual Tour
Toronto C08,ON M5C 2H6
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $823
Subdivision Moss Park
MLS Listing ID C11999478
Annual Tax Amount $18,740
Tax Year 2025
Property Sub-Type Commercial Retail
Property 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.
Location
State ON
County Toronto
Community Moss Park
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 33.0
Lot Depth 131.89
Others
Security Features No