1091 Gorham Street, Unit 101, Newmarket, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Newmarket Industrial Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 50 x 80 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
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
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Property Summary
This commercial retail located at 1091 Gorham Street, Newmarket is currently for sale and has been available for 9 days. This property is listed at $249,900 with an estimated mortgage of $832* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1091 Gorham Street, Newmarket is in the Newmarket Industrial Park 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 Newmarket Industrial Park, Newmarket.
- •Desirable Commercial Retail architecture in Newmarket Industrial Park, Newmarket
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Newmarket?
If you are looking for a house in Newmarket or researching Newmarket real estate for sale, this commercial retail at 1091 Gorham Street, Unit 101, Newmarket, ON offers an exceptional opportunity to buy a home in Newmarket, Ontario. Whether you are a first-time Newmarket home buyer or comparing active Newmarket MLS® homes for sale, working with a dedicated Newmarket buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Newmarket Buyer Budget & Costs
Estimated mortgage: $832*/month*. Estimated Ontario Land Transfer Tax: $2,224. First-time Newmarket home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Newmarket
Frequently Asked Questions about 1091 Gorham Street, Unit 101, Newmarket, ON
Q.What is the asking price for 1091 Gorham Street, Unit 101, Newmarket, ON ?
The current listing price for 1091 Gorham Street, Unit 101, Newmarket, ON in Newmarket Industrial Park, Newmarket is $249,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 1091 Gorham Street, Unit 101, Newmarket, ON ?
1091 Gorham Street, Unit 101, Newmarket, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 1091 Gorham Street, Unit 101, Newmarket, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Newmarket Industrial Park, Newmarket
11 assaults (45.0/100k)
9 B&E (40.0/100k)
13 thefts (45.0/100k)
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.
Pricing & Value Insights
Data-driven valuation for 1091 Gorham Street 101, Newmarket, ON L3Y 8X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $249,900 in Newmarket, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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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