#2 1065 Davis Drive, Newmarket (Huron Heights-Leslie Valley) - Business for Sale
#2 1065 Davis Drive, Newmarket (Huron Heights-Leslie Valley), Ontario, L3Y2R9
This business in Newmarket is for sale offering roughly 1,410 sq ft of space. It has been on the market 40 days, fresher than the Newmarket average of 66 days.
Description
EXTREMELY RARE OPPORTUNITY IN PRIME NEWMARKET LOCATION! Located in the heart of Newmarket at Davis Dr & Leslie St, this well-established restaurant is situated in a highly visible plaza with an excellent corner location and prominent signage. Great lease in place with exceptionally low rent! Fully equipped commercial kitchen, approximately 40 seats, and plenty of customer parking. Seller is willing to provide training to the new owner. Flexible opportunity - suitable for continuing the existing restaurant or converting to other restaurant concepts. Don't miss this rare turn-key opportunity in a prime Newmarket location! (id:66096)
Property Details
- MLS®
- N13830598
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,410 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 40 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 40 days on market, against an average age of 66 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 30 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Newmarket (Huron Heights-Leslie Valley) has been listed for 40 days, which is 26 days fresher than the city average of 66. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3Y)
This home lists at $199,000, about 2.1× the local median household income of $93,000.
Carrying it typically needs a household income of about $38,872 (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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$199,000
Newmarket