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$999,000
Available - For Sale
Listing ID: W12794466
An exceptional opportunity to acquire a fully equipped and established event venue in one of Toronto's most strategic commercial corridors. Spanning approximately 9,000 sq. ft., this elegant banquet and event facility accommodates up to 450 guests and features two separate event spaces ideal for weddings, corporate functions, private celebrations, and cultural events.Conveniently located just minutes from Highways 400, 401, and 407, the property offers excellent accessibility along with ample on-site parking for guests and staff. The venue is fully operational and includes furnishings, kitchen equipment, décor inventory, lighting, sound systems, and other event-related assets, making it easy for a new owner to step in and continue operations. The layout is practical and versatile, allowing for a wide range of event types while supporting smooth day-to-day operations. Surrounded by strong commercial activity and positioned in a high-demand area within the GTA, this is a rare opportunity to take over a well-established venue with significant upside potential and multiple avenues for future expansion. With the continued growth of the GTA's event and hospitality sector, there is strong demand for premium venues capable of hosting large-scale and diverse events year-round. Ideal for hospitality operators, event professionals, or entrepreneurs looking to expand into the events industry, this business offers a solid foundation with exceptional long-term growth potential. Opportunities exist to increase revenue through expanded event services, strategic partnerships, corporate bookings, cultural programming, and enhanced marketing initiatives, making this a scalable business with promising future returns.
Price $999,000
Taxes: $1
Tax Type: TMI
Monthly Condo Fee: $0
Occupancy by: Owner+T
Address: 4801 Steeles Avenue West , Toronto, M9L 2W1, Toronto
Postal Code: M9L 2W1
Province/State: Toronto
Legal Description: UNIT 25, LEVEL 1, YORK CONDOMINIUM PLAN
Directions/Cross Streets: Steeles, Rossdean
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Without Property
Use: Banquet Hall
Building Percentage: F
Total Area: 9,000
Total Area Code:  Square Feet
Office/Appartment Area: 1000
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 31-50
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: Monday:
Employees #: 5
Seats: 330
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Rail: N
Clear Height Feet: 13
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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ROYAL LEPAGE SIGNATURE REALTY

4801 Steeles Avenue West , Toronto, M9L 2W1, Toronto

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Maria Tompson
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W05
Neighbourhood: Humber Summit
Style:
Lot Size: x 150.00(Feet)
Approximate Age: 31-50
Tax: $1
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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