113 JARVIS STREET, Toronto (Moss Park)

$4,199,000

For sale: Other

Other at 113 JARVIS STREET, Toronto (Moss Park)
Property type
Commercial Retail
MLS®
MLS® C13468310
Neighbourhood
Moss Park

Client Remarks 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.Brokerage Remarks

Sold data

Other homes in Toronto (Moss Park) — recent sold market

Other homes in Toronto (Moss Park) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Moss Park)

Toronto (Moss Park) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Moss Park)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 113 JARVIS STREET