25 - 4801 Steeles Avenue W, Toronto W05

$999,000

ActiveFor Sale0 Beds · 4 Baths · Toronto W05, ON M9L 2W1

Transaction Overview

$999,000

Directions

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About this property

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.

Beds

Baths

Sqft

9,000

Type

Sale of business

Status

Active

Listed

May 29, 2026

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Property Summary

Property Type

Commercial

Building Type

Sale Of Business

Square Footage

9,000 sqft

Land Size

100 x 150 Feet

Age of Building

31-50

Annual Property Taxes

$1 (2025)

Time on Logistate

3 months

Highlights

9,000 sq ft of bright interior space

0 bedrooms and 4 bathrooms configured for modern family living

Cedar Heights setting with quick access to shopping, dining, and daily essentials

$5,360/mo estimated monthly mortgage benchmark

Building & amenities

Bathrooms

Cooling

Yes

Sewer

Sanitary

Neighborhood insights

Cedar Heights is positioned as a premium local node for buyers who want city access, established amenities, and a smoother path from discovery to showing.

Typical commuter profile: 20 to 35 minutes to major employment hubs with transit and arterial access nearby.

Residents gravitate here for convenience, neighbourhood services, and a mix of established homes with newer inventory coming online.

Coffee shops and brunch spots within a short driveLocal parks, schools, and daily essentials nearbyNeighbourhood retail and service corridors

Market snapshot

Toronto W05 remains active for well-presented homes in this price band.

Avg. list

$1.0M

DOM

12 days

Demand

Competitive market

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