A 16-year-old suspect is facing a number of charges, including attempted murder, after another 16-year-old was found suffering from life-threatening stab wounds in a Markham banquet hall.

York Regional Police say the victim was found inside a bathroom at JJ Swagat Banquet Halls, located at 415 Hood Rd., at approximately 8:40 p.m. on Thursday.

In a statement released on Friday, police say his condition has since stabilized.

A 16-year-old male suspect from Markham faces a number of charges including attempted murder, assault with a weapon and identity fraud.

The investigation into the stabbing is ongoing, and police are asking anyone with information to contact them 1-866-876-5423, ext. 7541, or Crime Stoppers at 1-800-222-TIPS (8477).