3 - 16640 Yonge Street
Newmarket, ON
2 bath • Sale Of Business • 381 days on market
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.
Listing Details
- Listed
- August 7, 2025
Price History
Location & Legal
- Cross Street
- Yonge & Mulock
- Zoning
- Commercial
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Included
- Inclusions
- 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.
- Rental Items
- POS Systems
Community
Postal area L3X
- Population
- 45,284
- Private dwellings
- 14,261
- Median age
- 39.2
- Average household size
- 3.3
- Median household income
- $129,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Newmarket · last 12 months
- Median sold price
- $932,500
- Homes sold
- 849
- Median days on market
- 21
- Sale-to-list price
- 97.9%
Based on 849 recorded sales of commercial properties in Newmarket over the last 12 months.
Listed by
HOMELIFE/BAYVIEW REALTY INC.
Walk Score
Walk
Transit
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Scores by Walk Score®
Location
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