16775 Yonge Street

ActiveNewmarket · Central Newmarket127 days on marketMLS® N12948710
$199,000
$76 / sq ft
Bedrooms0
Bathrooms0
Interior2,606 sq ft
TypeCommercial
ListingFor Sale
Days on Market127

About this property

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 & finishes

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Air Conditioning
Basement

Property details

MLS® NumberN12948710
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size2,606 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodCentral Newmarket
CityNewmarket
Postal CodeL3Y 8J4
ProvinceON
Listed DateApril 2, 2026
Days on Market127
Price per Sq Ft$76
BrokerageHOMELIFE LANDMARK REALTY INC.

Location

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Listed by HOMELIFE LANDMARK REALTY INC.