16640 Yonge Street 3, Newmarket, ON L3X 2N8
$250,000
$250,000
MLS®#:
N12329399
Property Type:
Sale Of Business
Property Style:
Area:
York
Community:
Summerhill Estates
Taxes:
$0 / 2025
Added:
August 07 2025
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
HOMELIFE/BAYVIEW REALTY INC.
Intersection:
Yonge & Mulock
Rooms:
Bedrooms:
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

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.

6 Wall Mounted Flat Screen Tv's, Bar Fridges, Ice Machines. All Kitchen Appliances, 2 Fryers, 6 Burners Stove,Oven,Grill. W-In Cooler/Freezer/Fridges. `All Elf's,Tables & Chairs On Premises.

Insights

  1. Established Restaurant with Strong Reputation: This property offers a well-established restaurant known for its authentic Asian flavors and interactive dining experience, attracting a loyal customer base.
  2. Ample Free Parking: The availability of ample free parking enhances customer convenience, making it an attractive location for diners and increasing foot traffic.
  3. High Traffic Location: Situated in a major retail destination, the property benefits from high visibility and accessibility, which can drive more customers to the restaurant.

Neighborhood Overview

Complete neighborhood profile for 16640 Yonge Street 3

Summerhill Estates home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Summerhill Estates
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)