• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$999,000
Available - For Sale
Listing ID: W12163953
50 Kennedy Road South , Brampton, L6W 3R7, Peel


Don't miss this rare opportunity to own a well-established, fully operational 10,000 sq. ft. banquet hall in a prime area of Brampton. With a 400-person capacity, this versatile venue can be partitioned to host two events simultaneously and features 14 ft and 12 ft high ceilings in each hall. The property includes two bars, two changing rooms, a separate buffet area, large male and female washrooms, an employee washroom, and a front office. A spacious commercial kitchen is equipped with a 30 ft canopy, walk-on cooker, and freezer. With elegant décor, ample parking, and a strong client base, this turnkey operation is perfect for weddings, corporate events, and partiesan ideal investment for entrepreneurs or investors.
Price $999,000
Taxes: $0.00
Tax Type: TMI
Monthly Condo Fee: $0
Occupancy: Owner
Address: 50 Kennedy Road South , Brampton, L6W 3R7, Peel
Postal Code: L6W 3R7
Province/State: Peel
Directions/Cross Streets: Kennedy Rd/ Clarence 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
Category: Without Property
Use: Banquet Hall
Building Percentage: F
Total Area: 10000.00
Total Area Code:  Square Feet
Office/Appartment Area: 150
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Business/Building Name: Royalton Palace
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 10 AM T
Employees #: 6
Seats: 400
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Washrooms: 0
Clear Height Feet: 14
Heat Type: Gas Forced Air Close
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.
SUTTON GROUP - REALTY EXPERTS INC.
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Sale Of Business
Area: Peel
Municipality: Brampton
Neighbourhood: Brampton East Industrial
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:
Locatin Map:
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