ON
Toronto (Moss Park)
M5C2H4
113 Jarvis Street
113 Jarvis Street, Toronto (Moss Park), ON M5C2H4
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Listing Type
Commercial/Industrial
Listing Status
Active
2
$4,299,000

Home Details for 113 Jarvis Street

Price
$4,299,000
Type
Commercial Sale
Listing #
C13064182
Property Description

Strategic Downtown Toronto Corner First Time Offered in Over 50 Years. Rare opportunity to acquire a prominent commercial asset at the south-east corner of Jarvis and Richmond. This 7,204 SF mixed-use property offers an experienced investor immediate versatility: continue to enjoy stable income from established tenants, occupy with your own business or reposition the property to maximize market rents. The property benefits from exceptional visibility and high vehicular traffic counts, serving a dense, established population of high-rise residential and office users. Transit connectivity is excellent, situated within walking distance to the King Subway Station and the upcoming Ontario Line (Moss Park). Just minutes to Gardiner and DVP. With new developments proposed, including a new 50-storey tower application directly across the street, the property is positioned in a high-growth node with significant long-term potential. Ground floor comprises 1,392 SF retail across two units, and 1,448 SF presently used as office with potential for retail or service uses. The second floor has a tattoo shop and there is a vacant office space formerly occupied by a marketing agency which could be available immediately for your own use. The third floor has a live-work tenant and there is additional income from a rooftop sign. Over 114 feet of prime corner exposure across both Richmond Street East and Jarvis Street. Strictly no direct contact with tenants. (id:31684)

Property Features
  • Heating Information
    • Hot Water
    • Radiant
    • Natural Gas
  • Cooling Information
    • None
Listing Courtesy: ROYAL LEPAGE ESTATE REALTY
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EXIT REALTY MATRIX, BROKERAGE
785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
Nicolas Sigounis
License #: 6002787
Sales Representative
Office
613 443 4300
Agent
613 859 9331
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