$250,000
FOR SALE

Business for Sale

Restaurant

16775 Yonge St
Newmarket, ON L3Y 8J4 | Central Newmarket | York

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.
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Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N12948710
Last Updated May 14, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Possession Date TBA
Directions/Cross Streets Yonge & Mulock
Neighbourhood Central Newmarket
Area York
Price History

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Detailed Information
Air Conditioning Yes
Chattels Y
Garage Type Outside/Surface
Heat Type Electric Forced Air

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