16775 YONGE STREET, Newmarket (Central Newmarket), Ontario

$299,000
  • Updated On:
  • April 5, 2026
  • 2,606.00 ft2

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:65066)

Address: 16775 YONGE STREET
State/County:
Zip: L3Y8J4
Country: Canada
Listing Id: N12948710
Price: $299,000
Property Size: 2,606.00 ft2
BusinessType: Restaurant
Cooling: Fully air conditioned
Directions: Yonge & Mulock
Heating: Forced air, Electric
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Toronto
ListAORKey: 82
ListAgentKey: 1945226
ListOfficeKey: 70066
ListingURL: www.realtor.ca/real-estate/29548130/16775-yonge-street-newmarket-central-newmarket-central-newmarket
LivingAreaUnits: square feet
ModificationTimestamp: April 5, 2026 at 01:15am
OriginalEntryTimestamp: April 2, 2026 at 04:31am
OriginatingSystemName: Toronto Regional Real Estate Board
PhotosChangeTimestamp: April 5, 2026 at 12:56am
PhotosCount: 12
PostalCode: L3Y8J4
StatusChangeTimestamp: April 5, 2026 at 01:06am
StreetName: Yonge
StreetNumber: 16775
StreetSuffix: Street
WaterSource: Municipal water
ZoningDescription: Commercial

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