For Sale – Prime Downtown Toronto Hotel & Redevelopment Opportunity 137 Jarvis Street, Toronto, ON Presenting a premier opportunity to acquire a full commercial building in the heart of Toronto’s vibrant downtown core. 137 Jarvis Street offers unmatched potential for investors, developers, or end-users seeking a presence in one of the city's most dynamic and high-growth neighborhoods. This 8,800 SF, 3-storey building sits on a 4,300 SF lot and is currently operating as a hotel and extended-stay residence with 33 rooms. The property features a mix of private and shared accommodation options, a rooftop terrace with panoramic skyline views, and a rear service driveway accommodating two vehicles. Key Features ?? Premium Downtown Location – Steps from Eaton Centre, St. Lawrence Market, Toronto Metropolitan University, George Brown College, and multiple TTC transit lines ????? Located in a high-foot-traffic area, ideal for hospitality or service-driven businesses ??? Rooftop Terrace – Rare outdoor amenity with panoramic city views ??? 33 Rooms – A blend of suites with kitchenettes and private bathrooms, plus shared accommodations ?? Private rear laneway access with parking for 2 vehicles ?? Zoning permits a wide range of commercial uses including hotel, student housing, short-term rentals, retail, or mixed-use redevelopment ?? Ideal for repositioning into a boutique hotel, urban hostel, student/co-living, or flagship commercial use ?? Vendor Take-Back (VTB) Mortgage Available – Flexible 12–36 month term for qualified buyers Investment Highlights ? Turnkey income-producing asset or value-add redevelopment ? Operate "as-is" with cash flow or modernize for a premium repositioning play ? Strong fundamentals: central location, growing demand, and flexible zoning ? Suitable for both owner-occupiers and passive investors Summary 137 Jarvis Street represents a rare opportunity to own a standalone commercial asset in downtown Toronto. Whether you're expanding your portfolio, launching a flagship location, or seeking a high-yield hospitality property, this site checks all the boxes.