340 Eagle Street W, Newmarket, ON L3Y 7M7
Glenway Estates · L3Y 7M7
$369,900
$142 / sq ft5 days on market
- Total area
- 2,600 sf
- Lot
- 150 × 200 ft
What's special
- Outside/surface garage
- Yes
About this property
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.
Property details
Property
- Property type
- business
- Interior size
- 2,600 sq ft
- Lot size
- 150 × 200 ft
- Zoning
- Commercial
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $369,900
- Property taxes
- $55,156 / year (2025)
- Price per sq ft
- $142
- Rental items
- Rent $28 psf Net. Monthly Lease $9,066.37 plus HST (Includes Water & Tmi). Over 8 Years left on Lease plus renewal option. Liquor License Transferrable.
Listing
- MLS® number
- N14132926
- Status
- For sale
- Listed
- October 30, 2026
- Days on market
- 5
- Last updated
- October 30, 2026
- Listing brokerage
- REAL BROKER ONTARIO LTD.
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 in line with comparable listings — about 74% of comparable business for sale listings in Newmarket are asking less.
- This home
- $142 / sq ft
- Comparable median
- $111 / sq ft
Based on 31 comparable active business for sale listings in Newmarket. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $1,942.98
- Property tax (est.)
- $4,596.33
- Estimated monthly
- $6,539
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
- $4,024
- Total due on closing
- $4,024
An estimate on the asking price of $369,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REAL BROKER ONTARIO LTD.. 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
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