New
48
$545,000
38 Parkside Drive 9, Newmarket, ON L3Y 8J9
Central Newmarket
3 days on marketMLS® N14137412
Listing courtesy of RE/MAX REALTRON REALTY INC.
1 / 6
For saleMLS® N14082834
56 Davis Drive, Newmarket, ON L3Y 2M7
Central Newmarket · L3Y 2M7
$549,900
$367 / sq ft2 weeks on market
- Bathrooms
- 2
- Total area
- 1,500 sf
- Lot
- 16.5 × 76 ft
What's special
- Plaza garage
- Yes
About this property
Great Opportunity to Own a Philthy Philly's Fast Food Restaurant In the Heart Of the Newmarket, Ideal Opportunity For A Person Who Wants To Be Own Boss with attractive net profit Established business located in the busy plaza of Central Newmarket. *Philthy Philly* franchise with over 40 stores across Ontario and growing. Great Signage, Exposure, And Traffic Count is limitless as plaza is anchored by No Frills, Baskin Robin, Goodlife Fitness, SDM and many major banners. Fully Equipped Kitchen & Very Easy To Run. Lots Of Potentials To Grow. Monthly Revenue between $65 to 70K, Very low Rent : $5085 (incl. TMI, HST & Water), Utilities : Apx. $1200, Proven Food Cost is 30%, Franchise Royalty $500/Mthly. An attractive net profit after all expense.
Property details
Property
- Property type
- business
- Bathrooms
- 2
- Interior size
- 1,500 sq ft
- Lot size
- 16.5 × 76 ft
- Zoning
- Commercial
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Plaza
- Sewer
- Storm
Costs
- List price
- $549,900
- Price per sq ft
- $367
Listing
- MLS® number
- N14082834
- Status
- For sale
- Listed
- October 15, 2026
- Days on market
- 20
- Last updated
- October 15, 2026
- Listing brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Price & sale history
This property's sale history is hidden
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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 above most comparable listings — about 75% of comparable business for sale listings in Central Newmarket are asking less.
$93KMedian $249K$1.19M
Based on 8 comparable active business for sale listings in Central Newmarket. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.5% · minimum $29,990
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $2,874.67
- Estimated monthly
- $2,875
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
- $7,473
- Total due on closing
- $7,473
An estimate on the asking price of $549,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.
Similar properties nearby
8
$599,222
17335 E Yonge Street 10, Newmarket, ON L3Y 8Z2
Central Newmarket
2 ba
3,500 sf
4 months on marketMLS® N13492682
Listing courtesy of NAVE REAL ESTATE, BROKERAGE INC.