$159,800
For sale: Other

Exceptional opportunity to acquire a beautifully appointed approx. 2,500 sq. ft. professionally finished commercial space in the heart of Ajax. Approximately $150,000 invested in leasehold improvements, creating a modern, versatile and turnkey space currently operating as a banquet/event venue. Professionally designed with quality finishes throughout, this impressive space features soaring ceilings, elegant flooring, large bay windows, modern kitchenette with dishwasher and microwave, outdoor patio, and 3 washrooms, including a fully accessible washroom. The flexible layout includes two separate functional spaces, offering the potential to operate as two event halls and maximize booking opportunities. Ideal for an owner-operator, entrepreneur or investor, the existing professional buildout provides an opportunity to establish or expand a business without the time and expense of starting with an unfinished commercial unit. The versatile space offers potential for a wide range of permitted uses, including banquet/event venue, wedding venue, catering operation, restaurant, café, lounge, fitness/wellness centre, beauty or hair salon, barber shop, commercial school/training facility, medical clinic, creative or photography studio, community space, dry cleaning, vehicle rental/sales showroom, motel and other approved commercial uses, subject to applicable zoning, licensing, lease provisions and landlord approval. PROPERTY HIGHLIGHTS: Approx. 2,500 sq. ft. Approx. $150,000 in leasehold improvements Two separate functional spaces 3 washrooms including accessible washroom Kitchenette Patio Large bay windows High ceilings Modern professional finishes Currently operating as a banquet/event venue. MONTHLY RENT: $4,300 + TMI. A rare opportunity to acquire the benefit of a substantial existing commercial buildout and bring your own business concept to life. List of Permitted Uses from the town of Ajax is attached.
Sold data
Homes in Ajax (South West) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 34, across 233 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $829,900.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 233 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ajax (South West) has 36 Fraser Institute–rated schools (31 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$158,000
Other107 BROCK STREET S, Downtown Whitby, Whitby

$159,000
Other202 - 70 VALLEYWOOD DRIVE, Buttonville, Markham

$169,900
Other3280 MIDLAND AVENUE, Milliken, Toronto

$159,900
Other1870 DANFORTH AVENUE, Danforth, Toronto

$149,000
Other4B - 3040 DON MILLS ROAD, Don Valley Village, Toronto

$159,000
Other1970 Lawrence Ave E, Wexford-Maryvale, Toronto E04

$160,000
Other277 KLEINBURG SUMMIT WAY, Kleinburg, Vaughan

$159,800
Other8 WASHINGTON STREET, Old Markham Village, Markham