$6,500,000
( $732.23Per Sq Foot )
 $34,893 est/mo Sourced by Back At You

137 Jarvis Street , Toronto C08, ON M5C 2H6

Toronto C08, ON M5C 2H6

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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.

Details

MLS#C10406264
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site102
Listing Provided BySOTHEBY`S INTERNATIONAL REALTY CANADA | Not Provided

Features

SQ Feet8,877
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
StateON
CountyToronto
CityToronto C08
Zip CodeM5C 2H6
AreaChurch Yonge Corridor
Listing VS Median (in M5C 2H6)
Price:
$6,500,000
low | high
Med:
$6,500,000
50% of Average
SqFt:
8,877
low | high
Med:
8,877
50% of Average
$ / SqFt:
$732
low | high
Med:
$732
50% of Average
On Site:
102
low | high
Med:
102.000000
100% of Average
Sourced by Back At You
Listing Updated: January 29, 2025 at 10:15:09 PM PST