Exceptional opportunity to acquire a turn-key banquet hall in a prestigious Vaughan location. Approximately 13,000 sq. ft. with a seating capacity of 375-425 guests in a spacious single-hall layout, with potential to be converted into two separate halls for added flexibility and increased event capacity. Features a grand reception lobby, impressive 20-21ft. ceiling height, and a large fully equipped commercial kitchen with a 14 ft. hood, walk-in cooler, and stand-alone freezer. The property is LLBO licensed. Full Bridal suites on the second floor, a main office, and an additional manager's office. Located in a plaza with ample on-site parking for guests and staff. Approximate rent is$20,000/month all inclusive, with an additional 5 + 5 year lease option available. A rare chance to take over an established, fully operational banquet business with strong revenue history and substantial future bookings already in place.
Details
MLS #
N13613094
Listing Type
For Sale
Sub-Type
Resale
Status
Sold Conditional
Year
0
Days On Site
23
Listing Provided By
REALTY WEALTH GROUP INC. | N13613094 408800
Features
SQ Feet
13,000
Acreage
0.30
Interior
Cooling
Yes
Exterior
Security Features
No
Taxes
Tax Annual Amount
0
Tax Type
N/A
Tax Year
2025
Area Information
Province
ON
County
York
City
Vaughan
Postal Code
L4K 4V5
Area
Concord
Listing VS Median (in L4K 4V5)
Price: $949,000
low | high
Med: $474,509
99.999051633298% of Average
sqft: 13,000
low | high
Med: 7,510
92.230769230769% of Average
$ / sqft: $73
low | high
Med: $37
99.993896649939% of Average
On site: 23
low | high
Med: 61
37.704918032787% of Average
Sourced by Back At You
MLS Number: N13613094
N13613094 408800
REALTY WEALTH GROUP INC.
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