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113 Jarvis Street

113 Jarvis Street

Toronto C08, ON

  • 7,204 sqft
  • Commercial Retail
  • 137 days on market
$4,299,000

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.

Listing Details

Taxes (2025)
$29,987
Listed
April 30, 2026

Price History

Listing history

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Property

Lot Size
59.25 x 55.04 Feet

Parking

Garage
None

Location & Legal

Cross Street
S. E. corner at Richmond Street East
Zoning
Mixed-use Designated
Parcel Number
210940092
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
4077.76 Sq Ft

Community

Postal area M5C

Population
3,149
Private dwellings
2,306
Median age
36.4
Average household size
1.6
Median household income
$89,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C08 · last 12 months

Median sold price
$590,000
Homes sold
1,631
Median days on market
28
Sale-to-list price
97.3%

Based on 1,631 recorded sales of commercial properties in Toronto C08 over the last 12 months.

Listed by

ROYAL LEPAGE ESTATE REALTY

Walk Score

100

Walk

100

Transit

98

Bike

Scores by Walk Score®

Commercial figures

Building area
7,204 sq ft
Price per sq ft
$596.75
Annual property tax
$29,987
Tax per sq ft
$4.16

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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