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For saleMLS® N14031314

1091 Gorham Street 101, Newmarket, ON L3Y 8X7

Newmarket Industrial Park · L3Y 8X7

$249,900

$5 / sq ft

3 weeks on market

Total area
46,780 sf
Lot
50 × 80 ft

What's special

  • Plaza garage
  • Yes

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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.

$1.66MMedian $3.35M$6.42M
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

Down payment5.0% · minimum $12,495
$12,495
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$249,900

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What similar homes in this area actually sold for.

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