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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision West Woodbridge Industrial Area
MLS Listing ID N12911054
Annual Tax Amount $267,359
Tax Year 2026
Property Sub-Type Investment
Property Description
The offering presents a rare, income-producing banquet hall and event centre, paired with a nearly shovel ready hotel development opportunity. The property features a 74,439 sq ft French chateau-style banquet hall with capacity for up to 3,300 guests, fully built out with a commercial kitchen and ancillary office space. In addition, there is the opportunity to develop an adjoining 12-storey, 254-room hotel with substantially complete entitlements and minimal remaining approval risk. The 8.73 acre site is well located with exposure along Hwy 27 just south of Langstaff Rd and benefits from immediate access to Hwy 427.
Location
Province ON
County York
Area York
Zoning C6
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
ParcelsYN No
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
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