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137 JARVIS STREET
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137 JARVIS STREET $6,500,000
$6,500,000
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137 JARVIS STREET
Toronto (Church-Yonge Corridor), Ontario M5C2H6

MLS® Number: C10406264

Listing 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. (38020605)

Location Description

Jarvis + Richmond

Property Summary

Property Type
Business
Community Name
Church-Yonge Corridor
Land Size
33 x 131.31 FT
Annual Property Taxes
$18,740.56
Total Parking Spaces
2
Time on REALTOR.ca
44 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
2

Measurements

Square Footage
8877 sqft

Land

Lot Features
Frontage
33 ft
Land Depth
131 ft ,3 in
Other Property Information
Zoning Description
Cr Ss1 (X339)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
SHIRLEY YOON KIM