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16775 YONGE STREET, Newmarket (Central Newmarket), Ontario, L3Y8J4

MLS: N12948710 | Business

$299,000

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Property 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. Includes underground parking and a private underground storage room. (id:64974)

Directions: Yonge & Mulock

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 2,606 sq ft (242.1 m²)

Listing Provided by: HOMELIFE LANDMARK REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Electric
  • Cooling: Fully air conditioned

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Zoning: Commercial

Community & Neighbourhood

  • Neighbourhood: Central Newmarket

Listing Information

MLS® NumberN12948710
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageHOMELIFE LANDMARK REALTY INC.
Date ListedApril 2, 2026
Last UpdatedApril 5, 2026

Listing History

MLS listing activity for 16775 YONGE STREET, Newmarket (Central Newmarket), Ontario, L3Y8J4 — dates reflect when changes were recorded in the DDF

DateDays on MarketPriceEventListing ID
🔄4/5/20262Status ChangedN12948710
4/2/20260$299,000Listed (For Sale)N12948710

Location & Neighborhood

📍16775 YONGE STREET, Newmarket, Ontario, L3Y8J4
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16775 YONGE STREET, Newmarket (Central Newmarket), Ontario, L3Y8J4

ASAP
 
THU
16
Apr
FRI
17
Apr
SAT
18
Apr
SUN
19
Apr
MON
20
Apr
TUE
21
Apr
WED
22
Apr
MorningAfternoonEvening
BuyRealty.ca
[email protected]
416-639-1935
Ask a Question