Salehian.com 647-325-5000

56 Davis Drive

Central Newmarket, Newmarket, L3Y 2M7

$549,900

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  • 2 bathrooms

Listed 5 days ago · MLS® N14082834

About this home

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.

Details

Type
Sale Of Business
Lot
16.5 × 76 ft
Garage
Plaza
Neighbourhood
Central Newmarket
Municipality
Newmarket

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Storm
Utilities
Available

Building and exterior

Building area
1,500 Square Feet

More

Possession
Flexible
Cross street
Davis Dr & Yonge St.
Business type
Fast Food/Takeout

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚆 Newmarket GO1.5 km

Within a 10-minute walk: 4 grocery stores, 36 cafés and restaurants, 2 parks, 8 pharmacies. Nearest grocery: No Frills (50 m). Nearest park: Haskett Park (550 m).

Schools nearby

Elementary

  • J.L.R. Bell Public School
    EQAO: Gr 3 reading 62%, math 31%    4 min walk
  • Maple Leaf Public School
    EQAO: Gr 6 reading 100%, math 45%    15 min walk
  • Canadian Martyrs Catholic Elementary School Catholic
    EQAO: Gr 6 reading 90%, math 65%    15 min walk
  • Stuart Scott Public School
    EQAO: Gr 6 reading 79%, math 33%    1.4 km

Secondary

  • Dr. John M. Denison Secondary School
    EQAO: Gr 9 math 47%, literacy test 84%    1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3Y

Owners / renters
68% / 32%
Median household income
$93,000
Average age
44
Children under 15
14%
Homes
56% detached, 8% high-rise
Commute by transit
4%
Population
43,556

Languages spoken most at home besides English: Iranian Persian 3.2%, Mandarin 1.6%, Russian 1.2%, Yue (Cantonese) 0.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 46 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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