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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.

Property Facts

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code CR SS1 (x339)
CR SS1 (x339)
  • Listing ID: 33769625

  • Date on Market: 7/30/2024

  • Last Updated:

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

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