$7,599,999
Available - For Sale
Listing ID: C8041152
137 Jarvis St , Toronto, M5C 2H6, Ontario
| Prominently Positioned In The Downtown Core, This Property Offers An Exceptional Opportunity For An Owner-User Or Value-Add Investor In Hospitality/Development/Investment. Current Use As A Hotel + Extended Stay Residence With 33 Rooms Across 3 Storeys Offering A Mix Of Suites With Kitchenette + Private Bathrooms & Rooms With Shared Kitchen + Living Common Areas & Rooftop Terrace With Skyline View. Limitless Potential To Expand On Layout & Modernize To Urban Boutique Concept Or Acquire As Future Growth Asset. Vendor open to VTB from 12-36 Months. |
| Extras: Site Area Of 4,300 Sqft + Significant Building Area Of 8,800+ Sqft. Ideal For Continued Or Other Permitted Service, Hospitality, Retail, Accommodation Uses, Redevelopment Potential. Full Package & Additional Info Available. |
| Price | $7,599,999 |
| Taxes: | $16556.66 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 137 Jarvis St , Toronto, M5C 2H6, Ontario |
| Postal Code: | M5C 2H6 |
| Province/State: | Ontario |
| Legal Description: | Pt Pt Of Gore In Front Of Parklt 6 E/S J |
| Lot Size: | 33.00 x 131.31 (Feet) |
| Directions/Cross Streets: | Jarvis + Richmond |
| Category: | Accommodation |
| Use: | Hotel/Motel/Inn |
| Building Percentage: | Y |
| Total Area: | 8877.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 90 |
| Retail Area Code: | % |
| Area Influences: | Public Transit Rec Centre |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Days Open: | 7 |
| LLBO: | N |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
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905-458-7979
Fax:
905-458-1220
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Church-Yonge Corridor |
| Lot Size: | 33.00 x 131.31(Feet) |
| Tax: | $16,556.66 |
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