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340 Eagle Street

340 Eagle Street

Newmarket, ON

  • 2,600 sqft
  • Sale Of Business
  • 323 days on market
$399,000Price reduced 24%

*****REDUCED TO SELL***** Bring your offer ***** Busy, fully Established Restaurant For Sale. Corner Unit, across Upper Canada Mall, Newmarket. Amazing renovation completed with new, high end equipment and fixtures in 2025. 2,600 Sq. Ft. Fully Renovated and fixtured as an operating, Franchised Diner. Can be rebranded with Landlord approval or continue with current franchisor. Seating for 86, Plus 56 on the patio. Turn Key Operation. Includes Chattels, Equipment, Small Wares, POS, Full Kitchen with Hood & Exhaust. Rent $28 psf Net. Over 9 Years left on Lease plus renewal option. Liquor License Transferrable. Lease $9,066.37 plus HST (Includes Water & Tmi). Buyer And Buyer's Agent to Verify all Information Provided by Seller.****MOTIVATED SELLER*****

Listing Details

Taxes (2025)
$55,156
Originally Listed
$525,000
Listed
October 18, 2025

Price History

Listing history

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Property

Lot Size
150 x 200 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Davis Dr & Yonge St
Zoning
Commercial
Parcel Number
035800299
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant

Included

Inclusions
Fully Equipped, Turn Key Restaurant , Walk-In Fridge, 12 Ft. Commercial Hood and equipment as Per Schedule C. POS, Dishwasher and glass washer are owned.
Rental Items
Hot Water Tank

Community

Postal area L3Y

Population
43,556
Private dwellings
17,365
Median age
45.6
Average household size
2.5
Median household income
$93,000

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
$925,000
Homes sold
858
Median days on market
21
Sale-to-list price
97.9%

Based on 858 recorded sales of commercial properties in Newmarket over the last 12 months.

Listed by

REAL BROKER ONTARIO LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,600 sq ft
Price per sq ft
$153.46
Annual property tax
$55,156
Tax per sq ft
$21.21

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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