137 Jarvis Street, Toronto C08, ON M5C 2H6

Prime Downtown Toronto Hospitality & Redevelopment Opportunity137 Jarvis Street | 8,800 SF Building | 33-Room Hotel | 4,300 SF Lot Rare opportunity to acquire a well-positioned commercial asset in the core of downtown Toronto. Situated on a 4,300 sq. ft. lot, this 8,800 sq. ft. building currently operates as a 33-room hotel and extended-stay residence, delivering immediate income and exceptional long-term redevelopment potential.Strategically located just steps from the Eaton Centre, Toronto Metropolitan University, George Brown College, and St. Lawrence Market, this high-exposure property is surrounded by dense residential and institutional developments, offering strong foot traffic and connectivity.Investment Highlights:Prime downtown location in a high-traffic, high-growth area Rooftop terrace with skyline viewsideal for future amenity space or rooftop activation Private driveway with on-site parking for two vehicles Zoned CR, permitting a wide range of commercial uses: Hotel or short-term rental Student housing or co-living Retail, office, or mixed-use redevelopment Current use provides stable holding income with operational hotel and extended-stay model Redevelopment Flexibility:Ideal for repositioning as a boutique hotel, residential-hospitality hybrid, or mixed-use urban development. The property benefits from excellent transit access, strong area amenities, and supportive intensification policies.Vendor Take-Back Mortgage Available:A VTB mortgage (1236 months) is available to qualified buyers, offering flexibility for acquisition or redevelopment planning.137 Jarvis Street presents a compelling opportunity to own and transform a centrally located income-generating asset in one of Torontos most dynamic and evolving neighbourhoods.

Details

MLS® Number
C11999802

Property Size
8800 Sqft