50 Dr Kay Dr, Schomberg, King, Ontario
MLS® Number: N12935260

Key Facts
Bathrooms
0
Square Feet
1200
Year Built
0-5
Property Type
Sale Of Business
Style
Without Property
Our team is available 7 days a week from 9am to 9pm EST
Description
Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald's, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, cafe, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.
Listing History
| Date | Price | Status |
|---|---|---|
| about 2 months ago | $359,900 | New |
| about 1 month ago | $699,000 | New |
| 5 months ago | $699,000 | Ter |
| about 2 months ago | $1,050,000 | New |
| 7 months ago | $699,000 | Ter |
| 10 months ago | $119,000 | Ter |
| 10 months ago | $799,000 | Ter |
| about 1 year ago | $849,000 | Ter |
| over 1 year ago | $195,000 | Sld |
| over 1 year ago | $789,888 | Sld |
| almost 2 years ago | $788,800 | Sld |
| almost 2 years ago | $699,000 | Sld |
| about 2 years ago | $199,000 | Sld |
| over 2 years ago | $699,000 | Sld |
| over 2 years ago | $1,299,999 | Sld |
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