$ 649,000

56 Davis Drive, Newmarket

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. (id:1945)
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Property details for 56 Davis Drive, Newmarket

Type
Commercial
Bathrooms
2
Living Area
1,500 square feet
Lot Size
Unit=16.5 x 76 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Nearby Listings Stat

Estimated price and comparable properties near 56 Davis Drive

Active Listings
39
Min Price
$489,000
Max Price
$1,650,000
Avg Price
$808,415
Days on Market
57
days
Sold Listings
16
Min Sold Price
$559,900
Max Sold Price
$1,050,000
Avg Sold Price
$777,157
Days until Sold
59
days

Neighbourhood Census Data

Newmarket, Ontario

Population
365
Median Age
46.5
Median Income
$31,104
Dwelling Value
$575,077

Housing Tenure

Owners 79%
Renters 21%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 1,105.4/km²
Avg Shelter Cost: $1,338/mo
Owners with Mortgage: 57.7%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 37.5%
English only: 94.5%
English and French: 4.1%
Neither: 1.4%
Median Household Income: $76,544
Median Employment Income: $31,936

Price History

Listed
July 16, 2026
by CENTURY 21 PEOPLE'S CHOICE REALTY INC.
Current Price
$649,000
Type
Commercial
For Sale
56 Davis Drive

Contact Agent Get in touch about 56 Davis Drive, Newmarket

NISH SHAH
NISH SHAH
CENTURY 21 PEOPLE'S CHOICE REALTY INC.