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16775 Yonge St

Newmarket, ON L3Y 8J4

$250,000

16775 Yonge St, NewmarketListed at $250,000 Sale Of Business. MLS® N12948710.

100Sq Ft
Restaurant
Sale Of Business

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.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation11-9
FranchiseNo
Chattels IncludedYes
Seating Capacity50
Full-Time Employees6
Financial StatementsNot Available
Showing RequirementsShowing System
Possession Type1-29 days
Listing Expires8/31/2026

Commercial Space & Financials

Retail Area100 Sq Ft

Property Details

Property TypeSale Of Business
CommunityCentral Newmarket
Dir/Cross StYonge & Mulock
Garage TypeOutside/Surface
Heating TypeElectric Forced Air
A/CYes
HSTIncluded In
SecurityYes
Listed Date4/2/2026
Days on Market69 days
PossessionTBA
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.

MLS® #N12948710

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 Newmarket Real Estate

This Sale Of Business is located in the Central Newmarket 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 →