Homula Realty Brokerage
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47 Harry Walker Parkway S 5, Newmarket, ON L3Y 8T3

Sale Of Business
$359,000

Prime Location Japanese Restaurant for Sale - Newmarket. Situated at the high-traffic intersection of Davis Drive & Highway 404, this is one of Newmarket's most coveted retail locations. Anchored by Costco, Starbucks, Paris Baguette, and Burger King, the plaza draws thousands of visitors daily - delivering built-in foot traffic from day one. The 2,400 sq.ft. fully renovated space features premium finishes, high-end kitchen equipment, walk-in cooler/freezer, and a transferable liquor licence. Truly turn-key and ready to operate. Locations like this rarely come available. Restaurant currently configured with additional seating. Existing liquor licence permits 40 seats. Don't miss it.All inquiries and showings through the listing agent only. Please do not contact staff on site.

MLS number
N13561728
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L3Y 8T3
Photos
13
Property tax
$2,605 / year
62days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
La Maison Montessori HouseElementary185 mNot reported
Link On LearningElementary383 mNot reported
Newmarket Montessori Christian AcademyElementary1.0 kmNot reported
New Beginnings Christian Learning AcademyElementary and secondary1.1 kmNot reported
Endless PossABILITIESElementary and secondary935 mNot reported
St Elizabeth Seton Catholic Elementary School
York CDSB
Elementary1.1 km6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 536 people.

$71,500Median household income
43.2%Own their home
44.7%Detached houses
40Median age
21.6%Born outside Canada
21.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190950 — the few blocks around this address, home to 536 people. It describes the area, not this property.

536Population
39Average age
2.8Household size
$108,000Average household income
$71,500Median household income
43%Own their home
57%Rent
5%Condominiums
22%Born outside Canada
22%University degree
$1,120,000Average home value
15%Low income
78%Not in the labour force
44%Never married
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9999%
$60,000 to $69,9999%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over23%
$100,000 to $124,9996%
$125,000 to $149,9992%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 235 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$71,800 · minimum here is $17,950
$1,589.57per month
Borrowed before insurance$287,200
Total borrowed$287,200
Interest over 25 years at 4.5%$189,672

If you rented it out

-$1,806.66per month out of pocket
Rent$0.00
Everything it costs to hold$1,806.66
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REALTRON REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.