haho.ca
$159,800
For sale

#11 190 Station Street, Ajax (South West) - Business for Sale

#11 190 Station Street, Ajax (South West), Ontario, L1S1R9

2,496 ft²Listed 93 days ago
Overview

This business in Ajax is for sale offering roughly 2,496 sq ft of space.

Description

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. (id:66096)

Property Details

MLS®
E13632980
Property Type
Business
Business Type
Special Purpose
Zoning
PE
Interior Size
2,496 ft²
Frontage
339 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
93 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
93d
Ajax (South West) listings, avg age
59d
Price / ft²
$64
List price
$160K

Long Listed: 93 days on market, against an average age of 59 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Ajax (South West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by REMAX CONNECT REALTY · MARY D W PHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1S)

This home lists at $159,800, about 1.6× the local median household income of $100,000.

Carrying it typically needs a household income of about $31,215 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$100,000
Population
42,045
Median age
42
Owner / renter
75% / 25%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA L1S)

$159,800· $64/ft²
For sale

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Financing

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$159,800

Ajax

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