101 - 1091 GORHAM STREET NE, Newmarket (Newmarket Industrial Park)

$299,000

For sale: Other

Other at 101 - 1091 GORHAM STREET NE, Newmarket (Newmarket Industrial Park)
Property type
Sale Of Business
MLS®
MLS® N13507318
Neighbourhood
Newmarket Industrial Park

The Lion Pub & Grill in Prime Newmarket Location. An exceptional opportunity to own The Lion Pub & Grill, a well established, fully licensed pub and restaurant located in one of Newmarket's high traffic commercial corridors. This long standing neighbourhood favourite is known for its welcoming atmosphere, loyal clientele, and strong food-and-beverage sales. Key Features: Fully turnkey operation with all equipment, chattels, and furnishings included, LLBO licensed with seating for 210 guests indoors plus an additional 75?seat patio, Attractive lease with favourable terms and options to renew, Consistent revenue supported by dine in, takeout, and events, High visibility location with excellent signage and ample parking, Well maintained kitchen with commercial grade equipment, walk in cooler, and efficient layout, Established brand with strong community presence and repeat customers and Opportunity for growth through live entertainment, and expanded marketing.

Sold data

Homes in Newmarket (Newmarket Industrial Park) — recent sold market

Homes in Newmarket (Newmarket Industrial Park) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 240 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $949,450.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$949,450
Sale-to-list ratio
97.0%
Sold above asking
18%

Based on 240 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Newmarket (Newmarket Industrial Park)

Newmarket (Newmarket Industrial Park) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.

Rated schools
24
Elementary
19
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Newmarket (Newmarket Industrial Park)

  • Bogart — elementary, NewmarketFraser rating 8.6/10
  • Newmarket — secondary, NewmarketFraser rating 8.5/10
  • Stuart Scott — elementary, NewmarketFraser rating 7.9/10
  • Rogers — elementary, NewmarketFraser rating 7.8/10
  • Sacred Heart — secondary, NewmarketFraser rating 7.2/10
  • Alexander Muir — elementary, NewmarketFraser rating 7.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 101 - 1091 GORHAM STREET NE