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3989 Highway 7 East N/A

Unionville / Markham, ON L3R 5M6

NewActiveFor Sale
0 Beds
0 Baths
11,000 Sq Ft
Commercial

About This Property

This Chinese hot pot restaurant, located at 3989 Highway 7 in city of Markham, is the largest hot pot restaurant in North America . Spanning over 8,000 square feet, it has two floors, seven private rooms, liquor license, 312 seats. The owner invested heavily in the restaurant's luxurious renovation, featuring renowned designers, dazzling lighting, and the use of precious woods and marble, all meticulously crafted to highlight local culture. All tableware and furniture are exquisitely high-end. The restaurant offers accessible restrooms and high-rise children's seats, and a spacious staircase and elevator provide direct access to the second floor. Both floors have kitchens and freezers, and a separate loading ramp. The unique walkway design is truly impressive! Located in Markham's bustling commercial center, the restaurant is approximately 10 minutes from Highway 404 and less than 5 minutes from Highway 407. The surrounding area is densely populated, especially with a large Chinese population. The rent is very favorable, and the lease term is long. Adding barbecue or other specialty food services could be beneficial! Turn key business!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size11,000 sq ft
Bedrooms0
Bathrooms0
ListedJune 29, 2026
Postal CodeL3R 5M6

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N13494168

Listed by AIMHOME REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,480,000

asking price

MLS®N13494168
TypeCommercial
CityMarkham
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$12,110

/month · $1,984,000 mortgage

Down Payment20% — $496,000
Interest Rate5.5%

Amortization

Total Interest

$1,649,050

Total Cost

$3,633,050

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

AIMHOME REALTY INC.