101 - 1091 Gorham Street

Newmarket, ON

4,346 sqft • Sale Of Business • 122 days on market

$349,900

The Lion Pub & Grill in Prime Newmarket Location. An exceptional opportunity to own The Lion Pub & Grill, a well established, fully licensed pub and restaurant located in one of Newmarket's high traffic commercial corridors. This long standing neighbourhood favourite is known for its welcoming atmosphere, loyal clientele, and strong food-and-beverage sales. Key Features: Fully turnkey operation with all equipment, chattels, and furnishings included, LLBO licensed with seating for 210 guests indoors plus an additional 75?seat patio, Attractive lease with favourable terms and options to renew, Consistent revenue supported by dine in, takeout, and events, High visibility location with excellent signage and ample parking, Well maintained kitchen with commercial grade equipment, walk in cooler, and efficient layout, Established brand with strong community presence and repeat customers and Opportunity for growth through live entertainment, and expanded marketing.

Listing Details

Taxes (2026): $13,912
Listed: April 23, 2026

Price History

Listing history

Property

Lot Size: 50 x 80 Feet

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Gorham And Leslie
Zoning: COMMERCIAL
Parcel Number: 036190003
Possession: Flexible

Commercial

Business Type: Restaurant
Occupancy: Owner
Office / Apartment Area: 150 Sq Ft

Included

Inclusions: All Chattels And Equipment, Includes Patio Furniture

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: $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

RE/MAX COMMUNITY REALTY INC.

Commercial figures

Building area: 46,780 sq ft
Price per sq ft: $7.48
Annual property tax: $13,912
Tax per sq ft: $0.30

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

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?