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Sale Of Business for sale at 16640 Yonge Street, Newmarket, 2 bathroom - Photo 1 of 13
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$250,000

Unit 3 - 16640 Yonge St

Newmarket, ON L3X 2N8

Unit 3 - 16640 Yonge St, Newmarket — Listed at $250,000, 2 bathroom Sale Of Business. MLS® N12329399.

2Baths
2,980Sq Ft
Restaurant
Sale Of Business
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Description

Opportunity To Own A Well Established Restaurant With A Modern Ambiance Known For Its Authentic Asian Flavours And Interactive Dinning Experience With Ample Free parking. Fully Equipped Kitchen With A 15ft Hood , Offering An Extensive Menu Combining Traditional Cuisine With A Contemporary Twist, Making It A Must-Visit Spot For Food Enthusiasts, Social Gatherings/Group Dinning. Rent $12,500/Month Including Tmi, Water & Garbage Removal. Professionally Managed By Riocan. The Restaurant Can Easily Be Transformed To Fit Any Desired Concept. High Traffic Location, Major Retail Destination, A Strong Reputation With Loyal Clients.

Property Details

Property TypeSale Of Business
CommunitySummerhill Estates
Washrooms2
Dir/Cross StYonge & Mulock
Garage TypePlaza
Heating TypeGas Forced Air Open
A/CYes
HSTIn Addition To
Listed Date8/7/2025
Days on Market462 days
PossessionTba

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation11-9:30
FranchiseNo
Chattels IncludedYes
Seating Capacity102
Full-Time Employees10
Financial StatementsNot Available
Showing RequirementsList Brokerage
Possession TypeFlexible
Listing Expires6/30/2026

Commercial Space & Financials

Retail Area2,980 Sq Ft

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Listing Courtesy of: HOMELIFE/BAYVIEW REALTY INC.

MLS® #N12329399

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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HouseIndex Take: Unit 3 - 16640 Yonge Street

This sale of business is located in the Summerhill Estates neighbourhood of Newmarket.

The home offers 2 bathrooms.

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About Newmarket Real Estate

This Sale Of Business is located in the Summerhill Estates community in Newmarket. Newmarket is York Region's northern anchor, offering an award-winning historic Main Street, the Upper Canada Mall, and strong community amenities. The East Gwillimbury GO station expansion is improving transit access. Buyers find good value in newer subdivisions while the downtown core retains small-town charm with restaurants and boutiques.

Historic Main Street shopping districtUpper Canada MallFairy Lake Park & trailsGO Transit expansion underway
~55 min commute to downtown TorontoWalkability: Walkable Main Street — car-dependent subdivisions
View full Newmarket neighbourhood guide →