8440 Highway 27, Vaughan, L4L 1A5

Listing Overview

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.

33 days

On Market

Land

Property Type

$267,359 / Year

Est. Taxes

Designated

Style

Hospitality

Business Type

-

Franchise