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Commercial Retail for sale at 501 Alliance Avenue, Toronto W03 - Photo 1 of 2
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Active

$16

501 Alliance Ave

Toronto W03, ON M6N 2J1

501 Alliance Ave, Toronto W03Listed at $16 Commercial Retail. MLS® W13607848.

Move-in

Immediate

20,000Sq Ft
Other
Commercial Retail
$14Taxes/yr · 2025

Description

Turnkey Banquet Hall for Lease - Prime Location, Fully Equipped! Profitable Event Venue Available - Ideal for Concerts, Weddings, Parties & Corporate Events. Rare opportunity to lease a fully operational banquet hall in a high-demand area. Perfect for entrepreneurs, event planners, catering companies or investors looking to step into the lucrative hospitality and event industry. Fully equipped with a restaurant kitchen, tables, capacity 800+ people. 20,000 sq/ft with ample parking. Fully licensed LLBO and Business. High traffic/desirable location. Excellent opportunity for someone looking to get into the business with low capital expenditures. *DO NOT CALL OR APPROACH BUSINESS OR SPEAK TO EMPLOYEES*

Property Details

Property TypeCommercial Retail
CommunityRockcliffe-Smythe
Approximate Age31-50
Dir/Cross StRockcliffe Blvd
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary+Storm
Taxes (2025)$14
SecurityYes
Listed Date7/27/2026
Days on Market40 days
PossessionImmediate

Business Details

Property Sub-TypeCommercial Retail
Business TypeOther
Property UseRetail
Occupant TypeOwner+Tenant
Hours of Operation24
FranchiseNo
Chattels IncludedYes
Seating Capacity600
Full-Time Employees10
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeImmediate
Listing Expires12/31/2026

Commercial Space & Financials

Industrial Area20,000 Sq Ft

Industrial Specifications

Clear Height18'
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY

MLS® #W13607848

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Commercial Retail is located in the Rockcliffe-Smythe community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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