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4801 Steeles Avenue Unit 25

Humber Summit / Toronto W05, ON M9L 2W1

ActiveFor Sale
0 Beds
4 Baths
9,000 Sq Ft
Commercial

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size9,000 sq ft
Bedrooms0
Bathrooms4
Postal CodeM9L 2W1
Last UpdatedAug 8, 2026 · 7:21 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W12794466

Listed by ROYAL LEPAGE SIGNATURE REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$999,000

asking price

MLS®W12794466
TypeCommercial
CityToronto W05
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,878

/month · $799,200 mortgage

Down Payment20% — $199,800
Interest Rate5.5%

Amortization

Total Interest

$664,275

Total Cost

$1,463,475

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE SIGNATURE REALTY