340 Eagle Street West, Newmarket (Glenway Estates) - Business for Sale
340 Eagle Street West, Newmarket (Glenway Estates), Ontario, L3Y7M7
This business in Newmarket is for sale offering roughly 2,600 sq ft of space. It has been on the market 5 days, fresher than the Newmarket average of 48 days.
Description
TURNKEY RESTAURANT OPPORTUNITY - RECENTLY RENOVATED WITH NEW EQUIPMENT! Exceptional opportunity to acquire a fully established, busy restaurant in a prime corner location directly across from Upper Canada Mall, Newmarket. Approximately 2,600 sq. ft., completely renovated in 2025 with high-end commercial kitchen equipment, quality fixtures and finishes. Currently operating as a fully fixtured franchised diner, offering an attractive turnkey opportunity for an owner/operator or experienced restaurateur. Seating for 86 indoors, plus an additional 56-seat outdoor patio, providing excellent capacity and revenue potential. Continue operating as a Wimpy's Diner or introduce your own restaurant concept, subject to Landlord approval. A rare opportunity to acquire a beautifully renovated, fully equipped restaurant in an outstanding high-traffic location. (id:66096)
Property Details
- MLS®
- N14132926
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 2,600 ft²
- Frontage
- 150 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $55,156/yr
- Listed
- 5 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 5 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Newmarket (Glenway Estates) has been listed for 5 days, which is 43 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3Y)
This home lists at $369,900, about 4.0× the local median household income of $93,000.
Carrying it typically needs a household income of about $72,254 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $93,000
- Population
- 43,556
- Median age
- 45.6
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L3Y)
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$369,900
Newmarket