137 Jarvis Street, Toronto C08, ON M5C 2H6, Toronto C08, ON
8800.0 sqft
Rare opportunity to own a freestanding commercial building in downtown Toronto, steps from Queen Street East and Yonge-Dundas Square currently operating as a hotel and previously a rooming house. Featuring prime Jarvis Street exposure, a flexible layout with full basement, and zoning potential for retail, office, hospitality, or redevelopment, this property offers exceptional visibility and investment value. Surrounded by major developmentsand excellent transit, it's ideal for investors or owner-occupiers and across the street from the new Moss Park TTC station. Currently a 33-room hotel with vacant possession available, this property sits on a large lot delivering immediate income and a stone throw's away from the new Toor Hotel, and Holiday Inn. 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. Rooftop terrace with skyline views ideal for future amenity space or rooftop activation. Private driveway with on-site parking for up to 3 vehicles. VTB possible for qualified buyers. Building will be sold as-is, where-is.
Property Highlights
For Sale
MLS NO.
C12773654
Type
Commercial
Sub Type
Investment
Square Footage
8800.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12773654
Security Features
No
Lot Width
33.01
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
137 Jarvis Street, Toronto C08, ON M5C 2H6
City
Toronto C08
Neighbourhood
Moss Park
County / Region
Toronto
Province / State
ON
Postal Code
M5C 2H6
Cross Street
Jarvis & Richmond Street
Directions
Use GPS
List Price
$6,999,000
Annual Taxes
$19,797
Tax Year
2025
Legal Description
PT PT OF GORE IN FRONT OF PARKLT 6 E/S JARVIS ST P
Possession Type
Flexible
Possession Details
TBD
Listing Office
AREA REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-09T22:42:51Z
Media Updated
2026-02-09T22:42:51Z
Photos Updated
2026-02-09T22:42:51Z
Last Modified
2026-02-20T17:07:35Z
System Modified
2026-02-20T17:07:35.806632Z
MLS Status
New
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-06-05
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Partial
Originating System Id
A00001796
Parcel Number
210940085
Public Remarks
Rare opportunity to own a freestanding commercial building in downtown Toronto, steps from Queen Street East and Yonge-Dundas Square currently operating as a hotel and previously a rooming house. Featuring prime Jarvis Street exposure, a flexible layout with full basement, and zoning potential for retail, office, hospitality, or redevelopment, this property offers exceptional visibility and investment value. Surrounded by major developmentsand excellent transit, it's ideal for investors or owner-occupiers and across the street from the new Moss Park TTC station. Currently a 33-room hotel with vacant possession available, this property sits on a large lot delivering immediate income and a stone throw's away from the new Toor Hotel, and Holiday Inn. 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. Rooftop terrace with skyline views ideal for future amenity space or rooftop activation. Private driveway with on-site parking for up to 3 vehicles. VTB possible for qualified buyers. Building will be sold as-is, where-is.