117 Ringwood Unit 6
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+31 more
$149,000

117 Ringwood Unit 6

Whitchurch-Stouffville (Stouffville), Ontario, L4A8C1

Active

About This Property

This business in Whitchurch-Stouffville (Stouffville) is available for your consideration. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

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. (id:60351)

Overview

Property Typeresidential
Sub-Typebusiness
StatusActive
MLS #N12804112

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned
AppliancesFurniture

Listing Information

MLS#: N12804112


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$29,800
5%20%50%
Estimated Monthly Payment
$663
/month
Mortgage
$119,200
Total Interest
$79,566

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$1,215
Total Due on Closing$1,215

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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