Rare opportunity to own a freestanding commercial building in downtown Toronto, steps from Queen Street East and Yonge-Dundas Square currently operating as a hotel and previously a rooming house. 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 developmentsand excellent transit, it's ideal for investors or owner-occupiers and across the street from the new Moss Park TTC station. Currently a 33-room hotel with vacant possession available, this property sits on a large lot delivering immediate income and a stone throw's away from the new Toor Hotel, and Holiday Inn. 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. VTB possible for qualified buyers. Building will be sold as-is, where-is. (id:62692)