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Sale Of Business for sale at 4801 Steeles Avenue W, Toronto W05, 4 bathroom - Photo 1 of 3
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Unit 25 - 4801 Steeles Ave W

Toronto W05, ON M9L 2W1

$999,000

Unit 25 - 4801 Steeles Ave W, Toronto W05Listed at $999,000, 4 bathroom Sale Of Business. MLS® W12794466.

4Baths
7,000Sq Ft
Banquet Hall
Sale Of Business
$1 (2025)

Description

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 & Status History

Price history is locked

Business Details

Property Sub-TypeSale Of Business
Business TypeBanquet Hall
Property UseWithout Property
Occupant TypeOwner+Tenant
Hours of OperationMonday: 11am-5pm / Tuesday - Wednesday : 11am-7pm / Thursday: 11am-6pm / Friday to Sunday: 12pm-4pm
FranchiseNo
Chattels IncludedYes
Seating Capacity330
Full-Time Employees5
Financial StatementsNot Available
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires7/16/2026

Commercial Space & Financials

Retail Area7,000 Sq Ft
Industrial Area1,000 Sq Ft

Industrial Specifications

Clear Height13'

Property Details

Property TypeSale Of Business
CommunityHumber Summit
Approximate Age31-50
Washrooms4
Lot Dimensions100 × 150 ft
Dir/Cross StSteeles, Rossdean
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary
Taxes (2025)$1
HSTNot Subject to HST
SecurityYes
Listed Date2/17/2026
Days on Market112 days
PossessionFlexible
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: ROYAL LEPAGE SIGNATURE REALTY

MLS® #W12794466

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 Sale Of Business is located in the Humber Summit 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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