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Active

50 Dr Kay Dr

King, ON L0G 1T0

$273,000

50 Dr Kay Dr, KingListed at $273,000 Sale Of Business. MLS® N12935260.

1,200Sq Ft
Restaurant
Sale Of Business

Description

Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald's, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, cafe, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation10:30am-10:30pm
FranchiseNo
Chattels IncludedYes
Seating Capacity10
Full-Time Employees4
Financial StatementsAvailable
Showing RequirementsGo Direct, Showing System
Possession TypeFlexible
Listing Expires6/10/2026

Commercial Space & Financials

Retail Area1,200 Sq Ft

Property Details

Property TypeSale Of Business
CommunitySchomberg
Approximate Age0-5
Dir/Cross St9 & HWY 27
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
HSTIn Addition To
Listed Date3/30/2026
Days on Market71 days
PossessionTBD
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: RE/MAX NOBLECORP REAL ESTATE

MLS® #N12935260

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About King Real Estate

This Sale Of Business is located in the Schomberg community in King. King Township is the GTA's premier estate and equestrian community, offering expansive rural lots, rolling hills, and a countryside lifestyle just 45 minutes from downtown Toronto. King City and Nobleton are the main residential centres, with boutique dining and specialty shops. It's ideal for buyers seeking privacy, acreage, and a prestige address.

Estate lots & equestrian propertiesSeneca College King CampusGO Transit via King City stationCountry clubs & golf courses
~50 min commute to downtown TorontoWalkability: Rural — car essential
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