Saint Lawrence Boutique Suites and Residences | 135 Jarvis St
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Saint Lawrence Boutique Suites and Residences 135 Jarvis St
33 Room Hotel Toronto, ON M5C 2H6 $4,585,635 USD ($138,959 USD/Room)
Investment Highlights
- In the heart of downtown.
Executive Summary
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.
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.
Property Facts
Price | $4,585,635 USD | Building Size | 8,877 SF |
Price Per Room | $138,959 USD | No. Rooms | 33 |
Sale Type | Investment | No. Stories | 3 |
Property Type | Hospitality | Year Built | 1942 |
Property Subtype | Hotel | Parking Ratio | 0.23/1,000 SF |
Building Class | B | Corridor | Interior |
Lot Size | 0.10 AC |
Price | $4,585,635 USD |
Price Per Room | $138,959 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 |
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 2 | $82.54 USD | - |
Guest Room | 31 | $64.90 USD | - |
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (98)
zoning
Zoning Code | CR SS1 (x339) |
CR SS1 (x339) |
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Saint Lawrence Boutique Suites and Residences | 135 Jarvis St
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