$ 6,500,000
137 JARVIS STREET Toronto (church-yonge Corridor), ON M5C2H6
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$ 6,500,000
Est. payment | /mo
8,877 SqFt
$ 6,500,000
Est. payment | /mo
8,877 SqFt
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
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
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Andy Katoch
Agent | License ID: LDKATOCAN