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Investment Highlights

  • Heavy daytime traffic
  • Flexible Zoning
  • Redevelopment Site

Executive Summary

Rare opportunity to own a freestanding commercial building in downtown Toronto, steps from Queen Street East and Yonge-Dundas Square. 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 developments and excellent transit, it's ideal for investors or owner-occupiers.
Currently a 33-room hotel with vacant possession available, this property sits on a 4,300ft² lot 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. Rooftop terrace with skyline views ideal for future amenity space or rooftop activation. Private driveway with on-site parking for up to 3 vehicles. Previously also a rooming house and VTB possible.

Property Facts

Price $4,925,994 USD
Price Per Room $149,273 USD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.10 AC
Building Size 8,877 SF
No. Rooms 33
No. Stories 3
Year Built 1942
Parking Ratio 0.23/1,000 SF
Corridor Interior
Zoning CRE - Commercial Redevelopment

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $82.35 USD -
Guest Room 31 $64.75 USD -
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
  • Listing ID: 38419141

  • Date on Market: 11/12/2025

  • Last Updated:

  • Address: 135 Jarvis St, Toronto, ON M5C 2H6

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