501 N Alliance Avenue 2
Rockcliffe-Smythe, Toronto, M6N 2J1
$1,200,000
Listed 10 days ago · MLS® W13882516
About this home
Banquet Hall Business For Sale only. Highly lucrative business located in a prime location near the Stockyards in Toronto with 800+ person capacity. Full-size restaurant/catering kitchen & ample parking. Fully licensed LCBO and Business License. 10-year term lease in place.SALE OF BUSINESS ONLY
Details
- Type
- Sale Of Business
- Garage
- In/Out
- Neighbourhood
- Rockcliffe-Smythe
- Municipality
- Toronto W03
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 20,000 Sq Ft Divisible
More
- Possession
- Negotiable
- Cross street
- Rockcliffe Blvd
- Business type
- Banquet Hall
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Mount Dennis LRT1.3 km
- 🚇 Keelesdale LRT1.9 km
- 🚆 Mount Dennis GO1.3 km
Within a 10-minute walk: 3 grocery stores, 18 cafés and restaurants, 11 parks, 5 pharmacies. Nearest grocery: Food Basics (450 m). Nearest park: Black Creek Site East (250 m).
Schools nearby
Elementary
- Cordella Junior Public School5 min walk
- Harwood Public School
EQAO: Gr 6 reading 77%, math 25%12 min walk - Our Lady of Victory Catholic School Catholic
EQAO: Gr 6 reading 75%, math 37%13 min walk - George Syme Community School
EQAO: Gr 6 reading 73%, math 35%13 min walk
Secondary
- Frank Oke Secondary School2 min walk
- Rockcliffe Middle School4 min walk
- St. Oscar Romero Catholic Secondary School Catholic
EQAO: Gr 9 math 44%, literacy test 78%13 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M6N
- Owners / renters
- 58% / 42%
- Median household income
- $75,500
- Average age
- 41
- Children under 15
- 15%
- Homes
- 24% detached, 26% high-rise
- Commute by transit
- 28%
- Population
- 40,252
Languages spoken most at home besides English: Portuguese 9.6%, Spanish 5%, Vietnamese 3%, Italian 1.2%.
Flood and conservation Flood plain
This address falls inside a mapped flood plain (Toronto and Region Conservation Authority). Building, additions and grading need a permit from the conservation authority, and flood insurance can cost more or be harder to get.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Rockcliffe-Smythe (2025): about the Toronto average, down 10% from the year before.
- Assaultabout average
- Break and enter30% below average
- Auto theft30% below average
- Robberyabout average
- Theft from vehiclesabout average
- Shootings104% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby
No planning applications within 500 m in the last five years.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 9 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Building permits
- Interior Alterations · 2026 · Permit IssuedProposed interior alterations to suite 305B to accommodate new tenant.
- Interior Alterations · 2026 · Permit IssuedProposal for interior alterations to existing office space
- Interior Alterations · 2026 · InspectionProposal for interior alterations including new partitions, lighting, and finishes to accommodate a change of use from office/mercantile to…
- Other · 2025 · Permit IssuedProposal for solar panel installation on roof.
- Interior Alterations · 2025 · InspectionInterior alterations - Unit A - Take out restaurant.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
16 City street trees within 100 m, mostly apples. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by REVEL REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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