Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Business Type: Hotel/Motel/Inn
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Zoning: Cr Ss1 (X339)
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Age: No Data
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Taxes: 16556.66
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MLS®#: C8041152
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Days on Site: 66 Days
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Added: Feb 02, 2024 (2 months ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: SOTHEBY`S INTERNATIONAL REALTY CANADA
Prominently Positioned In The Downtown Core, This Property Offers An Exceptional Opportunity For An Owner-User Or Value-Add Investor In Hospitality/Development/Investment. Current Use As A Hotel + Extended Stay Residence With 33 Rooms Across 3 Storeys Offering A Mix Of Suites With Kitchenette + Private Bathrooms & Rooms With Shared Kitchen + Living Common Areas & Rooftop Terrace With Skyline View. Limitless Potential To Expand On Layout & Modernize To Urban Boutique Concept Or Acquire As Future Growth Asset. Vendor open to VTB from 12-36 Months.
Extras
Site Area Of 4,300 Sqft + Significant Building Area Of 8,800+ Sqft. Ideal For Continued Or Other Permitted Service, Hospitality, Retail, Accommodation Uses, Redevelopment Potential. Full Package & Additional Info Available.
Property
Status: Sale
Type: Hotel/Motel/Inn
Property Type: Investment
Property Type: Accommodation
Area: Toronto
Community: Church-Yonge Corridor
Availability Date: TBA
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Water Radiators
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Lane
Covered Parking Spaces: 2
Fees
Tax Year: 2023
Tax Legal Description: Pt Pt Of Gore In Front Of Parklt 6 E/S Jarvis St
Taxes: $16,557
Expenses: Est
Taxes Type: Annual
Land
Cross Street: Jarvis + Richmond
Municipality District: Toronto C08
Lot Depth: 131.31 Feet
Lot Frontage: 33 Feet
Zoning: Cr Ss1 (X339)
Additional Media
- Virtual Tour: https://www.youtube.com/watch?v=cEG0Air0Qss
Commercial Specific
Retail Area: 90
Retail Area Metric: %
Sprinklers: N
Total Area: 8877
Total Area Metric: Sq Ft
Area Influence: Public Transit
Area Influence: Rec Centre
Days Open: 7
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Financial Statement: N
LLBO: N
Downtown Alternative School
Elementary: PublicSt Michael Catholic School
Elementary: CatholicSt Michael's Choir (Jr) School
Elementary: CatholicÉcole élémentaire Gabrielle-Roy
Elementary: PublicMarket Lane Junior and Senior Public School
Elementary: PublicLord Dufferin Junior and Senior Public School
Elementary: PublicMsgr Fraser College (St. Martin Campus)
Secondary: CatholicNative Learning Centre
Secondary: PublicInglenook Community School
Secondary: PublicSt Michael's Choir (Sr) School
Secondary: CatholicCollège français secondaire
Secondary: PublicJarvis Collegiate Institute
Secondary: Public
