8877 sqft
Fully Air Conditioned
Hot Water Radiator Heat
$6,500,000
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:50976)
Property Details
|
MLS® Number
|
C10406264 |
|
Property Type
|
Business |
|
Community Name
|
Church-Yonge Corridor |
|
Amenities Near By
|
Public Transit, Recreation |
|
Parking Space Total
|
2 |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Type
|
Hot Water Radiator Heat |
|
Size Interior
|
8877 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Recreation |
|
Size Depth
|
131 Ft ,3 In |
|
Size Frontage
|
33 Ft |
|
Size Irregular
|
33 X 131.31 Ft |
|
Size Total Text
|
33 X 131.31 Ft |
|
Zoning Description
|
Cr Ss1 (x339) |
https://www.realtor.ca/real-estate/27614341/137-jarvis-street-toronto-church-yonge-corridor-church-yonge-corridor
