11 - 190 STATION STREET, Ajax (South West)

$159,800

For sale: Other

Other at 11 - 190 STATION STREET, Ajax (South West)
Property type
Sale Of Business
MLS®
MLS® E13632980
Neighbourhood
South West

Exceptional opportunity to acquire a beautifully appointed banquet hall in the heart of Ajax. Professionally designed and built with outstanding craftsmanship, this turnkey venue features elegant flooring throughout, soaring ceilings, large bay windows that fill the space with natural light, modern kitchenette with dishwasher, microwave, outdoor patio, and three washrooms, including a fully accessible washroom. The flexible layout offers the potential to operate as two separate event halls, maximizing booking opportunities and increasing revenue potential. Whether you're an owner-operator or an investor, this is a rare chance to acquire a well-established venue with excellent income potential and future contracted revenue already in place. This versatile commercial space is ideal for a wide range of permitted uses, including a banquet hall, wedding and event venue, catering operation, restaurant, lounge, fitness centre, beauty salon, commercial school, medical clinic, dry cleaning business, vehicle rental or sales showroom, motel, and many other business opportunities (subject to applicable approvals).Positioned in a prime Ajax location with exceptional flexibility and strong growth potential, this is an outstanding investment for entrepreneurs and hospitality professionals looking to expand or establish a thriving business. The List of Permitted uses from the Town of Ajax is attached. Monthly rent $4,300.00 plus TMI

Sold data

Homes in Ajax (South West) — recent sold market

Homes in Ajax (South West) took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 29, across 299 recorded sales.

The median sale price was $850,000.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 7% of sellers reduced their price before finding a buyer.

Median days to sell
16
Median sale price
$850,000
Sale-to-list ratio
98.3%
Sold above asking
30%

Based on 299 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ajax (South West)

Ajax (South West) has 36 Fraser Institute–rated schools (31 elementary and 5 secondary), averaging 6.3/10.

Rated schools
36
Elementary
31
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Ajax (South West)

  • St Francis de Sales — elementary, AjaxFraser rating 8.9/10
  • Alexander Graham Bell — elementary, AjaxFraser rating 7.8/10
  • Pickering — secondary, AjaxFraser rating 7.8/10
  • St Josephine Bakhita — elementary, AjaxFraser rating 7.5/10
  • Brother Andre — elementary, AjaxFraser rating 7.3/10
  • J Clarke Richardson — secondary, AjaxFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 11 - 190 STATION STREET