$199,000
16775 Yonge Street, Newmarket, ON L3Y 8J4
— beds— baths
Key facts
- MLS®
- N12948710
- Status
- Extension
- Type
- Sale Of Business
- Taxes
- $0
- Listed
- 2026-04-02
- Brokerage
- HOMELIFE LANDMARK REALTY INC.
- Cross street
- Yonge & Mulock
Description
Excellent opportunity to acquire a well-established Chinese fusion restaurant in a prime location in Newmarket. Offering approximately 2,606 sq. ft., this turnkey space features a fully equipped commercial kitchen, suitable for a variety of cuisines. Over $400,000 invested in renovations, showcasing a nicely updated interior with a warm and inviting dining atmosphere. Established business with a steady and loyal returning clientele, consistent operations.Situated on a high-exposure main corridor, surrounded by established residential neighborhoods and benefiting from steady local traffic. Convenient access to public transit enhances accessibility. Strong future growth potential with the newly developed Mulock Park (approx. 16 acres), a landmark community destination featuring year-round recreational amenities, cultural spaces, walking trails, and green open areas, with anticipated opening in Summer 2026. The upcoming Galleria Supermarket will open nearby, bringing more activity and customers to the area. This is a turnkey restaurant opportunity in a growing, high-demand location. Underground parking and a private underground storage room.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.