ExtensionFor Sale

16775 Yonge Street
Newmarket, York, ON, L3Y 8J4

Sale Of Business
TRREB
MLS® Number: N12948710

HOMELIFE LANDMARK REALTY INC.

Listing brokerage
$199,000List Price
Sale Of BusinessProperty Type
2,606 sq ftSize
RestaurantBusiness Type
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Property Location

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Listing History

Buy/sell history for 16775 Yonge Street, Newmarket, ON L3Y 8J4

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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.

Features

No features available

Amenities

No amenities available

Summary

Listing #:N12948710
Property Type:Sale Of Business
Size:2,606 sq ft
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE LANDMARK REALTY INC.

Details

Property

Property Type:Sale Of Business
Community:Central Newmarket
Municipality:York

Building

Size:2,606 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Electric Forced Air

Land

Cross Street:Yonge & Mulock

$199,000

List price

16775 Yonge Street, Newmarket – Sale Of Business for sale · MLS® # N12948710