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$149,000
Available - For Sale
Listing ID: N12804112
117 Ringwood Drive , Whitchurch-Stouffville, L4A 8C1, York


Turnkey Event Space & Cash-Flowing Business for Sale - Vibe Event Space. Approximately 2,400 sq ft featuring a premium 1,400 sq ft main party room(Seating for 80) with 18-ft ceilings, engineered hardwood flooring, two grand ballroom chandeliers, eco-friendly track lighting, and a built-in surround sound system with Bluetooth connectivity. Includes a 10-ft wet bar with fridge, sink, and microwave, plus perimeter lighting ideal for upscale events. A stylish 400 sq ft front lobby with private entrance, faux grass feature wall, and eco-friendly potlights creates a strong first impression. Space includes two washrooms, storage room, and ample parking. Sale includes all furniture and equipment: 8 round 6-ft tables, 8 rectangular 6-ft tables, Chiavari chairs, mirrors and wall accents, sofas, and table coverings-allowing immediate operation with no additional capital required. Major upgrades completed: brand new furnace and air conditioner (June 2025) and new roof (August 2025). Business comes with confirmed 2026 bookings included in the sale, providing immediate forward cash flow. Additional income upside with four offices upstairs available for new owner to lease out as individual offices or to use themselves. Sale also includes website, email, phone number, and social media accounts for seamless brand continuity. Owner willing to provide training for an easy transition. Ideal for investors or owner-operators seeking a proven, turnkey event business with existing revenue and growth potential. Lease Approx $5368.27 for this year 2026 including Base Rent, TMI and HST. Low Utilities however based on usage. Water Included in Condo Fee Paid by Landlord. Lease has 2 Years left Plus option to renew for 3 years.
Price $149,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 117 Ringwood Drive , Whitchurch-Stouffville, L4A 8C1, York
Postal Code: L4A 8C1
Province/State: York
Directions/Cross Streets: hwy 48 / main st
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Banquet Hall
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: N/A
Employees #: 1
Seats: 80
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Whitchurch-Stouffville
Neighbourhood: Stouffville
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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