Welcome to this remarkable commercial retail located in the coveted neighborhood of Stonehaven-Wyndham. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $229,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Excellent opportunity to launch your own restaurant brand in a busy plaza with excellent visibility and affordable rent. This is strictly an asset sale and does not include the existing business, franchise, trade name, goodwill or financial history.The approximately 1,600 sq. ft. premises feature a modern restaurant buildout designed for takeout, delivery and dine-in service, with seating for approximately 32 guests. The fully equipped commercial kitchen includes an 8-foot exhaust hood, a 48-inch heavy-duty flat-top grill, two high-efficiency deep fryers, refrigeration equipment, preparation stations and other restaurant chattels. The front area includes dining furniture, a service counter, POS-area fixtures and four digital menu screens. All equipment, fixtures and leasehold improvements are in excellent condition.Gross rent is approximately $5,500 per month, including TMI and property taxes. An ideal turnkey setup for an owner-operator or experienced restaurant professional looking to introduce a new concept without the time and substantial cost of building a restaurant from the ground up.Sale of assets only. The existing business and franchise are not included. Any new restaurant concept, lease assignment and signage are subject to the landlord's approval and all applicable municipal requirements.
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This commercial retail located at 16700 Bayview Avenue, Newmarket is currently for sale and has been available on SousaSells for 20 days. This property is listed at $229,000 with an estimated mortgage of $762* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 16700 Bayview Avenue, Newmarket is in the Stonehaven-Wyndham neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Stonehaven-Wyndham, Newmarket.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 16700 Bayview Avenue, Unit 26, Newmarket, ON in Stonehaven-Wyndham, Newmarket is $229,000.
This property features null bedrooms and null bathrooms.
16700 Bayview Avenue, Unit 26, Newmarket, ON is a Commercial Retail () featuring a basement.
Security features include: Yes.
Heating is provided via standard central heat and cooling via Yes.
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Stonehaven-Wyndham, Newmarket
7 assaults (38.9/100k)
8 B&E (44.4/100k)
12 thefts (66.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16700 Bayview Avenue 26, Newmarket, ON L3X 1W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $229,000 in Newmarket, the legal minimum down payment is $11,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,015 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,015.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Stonehaven-Wyndham, Newmarket.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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