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$4,999,000
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Moss Park
MLS Listing ID C12556384
Annual Tax Amount $19,797
Tax Year 2025
Property Sub-Type Investment
Property Description
Rare opportunity to own a freestanding commercial building in downtownToronto, 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 4,300 Sq ft 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.
Location
Province ON
County Toronto
Community Moss Park
Area Toronto
Zoning CRE 1
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 33.01
Lot Depth 131.31
Building
Building Age 31-50
Others
Security Features No
ParcelsYN No
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Listed by AREA REALTY INC.
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