8440 Highway 27, Vaughan

This offering presents a rare, income-producing hospitality asset paired with a near–shovel-ready development opportunity. The property features a turnkey, French château–style banquet hall with seating for up to 3,300 guests, fully built out with a commercial kitchen and ancillary office space, and prominently located along Highway 27 with excellent regional access. The banquet facility is fully leased to an established operator. In addition, the purchaser will benefit from the ability to develop an adjoining 12-storey, 254-room hotel with premium amenities, supported by substantially complete entitlements and minimal remaining approval risk.