515-519 Jarvis street is home to the landmark Keg Mansion Restaurant as well as the Massey Family Mansion, providing locational prominence as a destination area for local Torontarians and visitors to the City. At approximately 1.17 acres of land area (~51,000 square feet), the Property is highly efficient for high rise redevelopment with 250 feet of frontage along Jarvis Street and a depth of 200 feet. Exceptional local amenities abound, including close proximity to world-class retail, restaurants and entertainment as well as the hospital and university networks in downtown Toronto. In terms of transit connectivity, the TTC Wellesley Subway Station on the Yonge-University Subway Line is situated just two blocks to the west of the property and there is near-direct access to the 94 Wellesley bus provided along Wellesley Street East, at Jarvis Street.
The Property straddles the Downtown Core and Bloor-Yorkville Condominium nodes which continue to demonstrate among the strongest fundamental market activity across the GTA. Given the location and abundance of amenities, this particular area in Toronto commands significant office, retail, and condominium pricing premiums.
519 Jarvis Street, is a Toronto heritage building also known as the Chester D. Massey House, or Massey Mansion. Erected in 1887 by architect E.J. Lennox and renovated most recently in 1907, this official heritage structure stands as the picture of historical elegance along Jarvis Street. The Massey Mansion offers sophisticated frontage, with an elegant stone arch and entryway, paired with an attractive red brick exterior. The Massey Mansion has an increasingly versatile land use, having been used both residentially and commercially in the past, similarly to its successful neighbour, The Keg Mansion.
It was the childhood home of Raymond and Vincent Massey of the Massey Ferguson farm machinery family. Raymond grew up to be a movie star, while Vincent was the first Canadian Minister to the United States, the first Canadian-born Governor General of Canada and the founder of the Canada Council.
This beautifully-preserved architectural landmark is an ideal choice for a tenant looking for a signature location and is suitable for professional offices, professional services, or a restaurant.