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540 Davis Drive Unit 3

Newmarket, ON L3Y 2P3

ActiveFor Sale
0 Beds
1 Baths
1,000 Sq Ft
Commercial

About This Property

Excellent opportunity to own a well-established convenience store in the heart of Newmarket! The current owner has successfully operated this business for over 15 years and is now retiring. Located in a busy commercial Plaza with ample parking lot, leading edge to the old downtown surrounded by major amenities including a hospital, medical offices, restaurants, and residential communities, providing steady customer traffic year-round. Huge potential to grow sales by adding Beer & Wine sales and a **Vape Shop**. Very low rent of **$2,862.48/month (TMI, HST & Water included)** with lease until **June 30, 2026** plus **5-year renewal option**. Perfect for a hands-on owner or family operation.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,000 sq ft
Bedrooms0
Bathrooms1
Postal CodeL3Y 2P3
Last UpdatedAug 8, 2026 · 8:22 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12483596

Listed by KW Living Realty

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.

$59,000

asking price

MLS®N12483596
TypeCommercial
CityNewmarket
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$288

/month · $47,200 mortgage

Down Payment20% — $11,800
Interest Rate5.5%

Amortization

Total Interest

$39,231

Total Cost

$86,431

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

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Listed By

KW Living Realty