1091 Gorham Street 101, Newmarket, ON L3Y 8X7
Newmarket Industrial Park · L3Y 8X7
$249,900
$5 / sq ft3 weeks on market
- Total area
- 46,780 sf
- Lot
- 50 × 80 ft
What's special
- Plaza garage
- Yes
About this property
The Lion Pub & Grill - Exceptional Business Opportunity in Prime Newmarket An outstanding opportunity to acquire The Lion Pub & Grill, a well-established, fully licensed pub and restaurant situated along one of Newmarket's prominent, high-traffic commercial corridors. Renowned for its inviting ambiance, loyal customer base, and established food-and- beverage operations, this neighbourhood favourite presents an exceptional opportunity for entrepreneurs and hospitality professionals seeking to invest in a thriving business with significant growth potential. Key Features & Highlights Turnkey Business Operation: Fully equipped and furnished, with all existing equipment, chattels, and furnishings included for a seamless transition. Impressive Seating Capacity: LLBO-licensed establishment accommodating up to 210 guests indoors, complemented by an additional 75-seat outdoor patio. Attractive Lease Terms: Competitive lease arrangement with favourable terms and renewal options. Established Revenue Streams: Supported by dine-in service, takeout offerings, and private events. Prime Commercial Location: Exceptional visibility, prominent signage opportunities, and ample on-site parking. Well-Equipped Commercial Kitchen: Meticulously maintained kitchen featuring commercial-grade equipment, a walk-in cooler, and an efficient operational layout. Recognized Local Presence: An established brand with strong community connections and a loyal, repeat clientele. Substantial Growth Potential: Opportunities to enhance profitability through live entertainment, expanded promotional initiatives, special events, and strategic marketing. A rare opportunity to acquire an established hospitality business in a sought-after Newmarket location. Whether you are an experienced restaurateur or an ambitious entrepreneur looking to enter the hospitality industry, The Lion Pub & Grill offers a solid foundation upon which to build and expand
Property details
Property
- Property type
- retail
- Interior size
- 46,780 sq ft
- Lot size
- 50 × 80 ft
- Zoning
- COMMERCIAL
- Possession
- N/A
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Plaza
- Sewer
- Sanitary+Storm
Costs
- List price
- $249,900
- Property taxes
- $13,912 / year (2026)
- Price per sq ft
- $5
Listing
- MLS® number
- N14031314
- Status
- For sale
- Listed
- October 14, 2026
- Days on market
- 22
- Last updated
- October 14, 2026
- Listing brokerage
- RE/MAX COMMUNITY REALTY INC.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 0% of comparable retail listings in Newmarket are asking less.
- This home
- $5 / sq ft
- Comparable median
- $302 / sq ft
Based on 10 comparable active retail listings in Newmarket. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $1,312.65
- Property tax (est.)
- $1,159.30
- Estimated monthly
- $2,472
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $2,224
- Total due on closing
- $2,224
An estimate on the asking price of $249,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX COMMUNITY REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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