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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# N12483596Central Newmarket, Newmarket · L3Y 2P3
Sold ConditionalSale Of Business

540 Davis Drive, Unit 3

$59,000
1 Bath1,000 sqft$59.00/sq ft164d on market
MLS# N12483596Central Newmarket, Newmarket · L3Y 2P3
Sold ConditionalSale Of Business

540 Davis Drive, Unit 3

$59,000

$59.00/sq ft · 164 days on market

Bedrooms
—
Bathrooms
1 Bath
Size
1,000 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Sign in to see the full listing history.
Oct 27, 2025(6mo ago)·164 DOM
$59,000
Active
KW Living Realty
N12483596Current
Jan 01, 2024
$000,000Terminated

(Sign-in required)

About This Listing

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

MLS NumberN12483596
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Bathrooms1
Size1,000 sq ft
Parking TypePlaza
Days on Market164
Listed2025-10-27
CommunityCentral Newmarket
MunicipalityYork
Cross StreetDavis Dr /Main St

Location & nearby

│
0
Walk
0
Transit

540 Davis Drive

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Prince Charles Public School

773 m
PublicGrades JK-8
EQAO scoreAverage
47 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R38%▼ 41.0W38%▼ 26.0M13%▼ 58.0
Grade 6R85%▲ 18.0W81%▲ 23.0M25%▼ 8.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

355 students10% Special Ed0% Gifted

Maple Leaf Public School

1.1 km
PublicGrades JK-8
EQAO scoreStrong
63 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R60%▲ 21.0W45%▲ 15.0M35%▲ 9.0
Grade 6R100%▲ 30.0

Meadowbrook Public School

1.2 km
PublicGrades JK-8
EQAO scoreStrong
69 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R78%W65%▼ 24.0M57%▲ 4.0
Grade 6R85%▲ 8.0W85%

Secondary

3 schools

Huron Heights Secondary School

963 m
PublicGrades 9-12
EQAO scoreStrong
66 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math46%▲ 5.0
OSSLT literacy pass rate85%

Arrows show 3-year change

1,295 students36% Special Ed0% Gifted

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

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Listing provided by KW Living Realty

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 8, 2026 at 03:42 p.m.

W95%▲ 25.0
M45%▲ 24.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

405 students10% Special Ed0% Gifted
▲ 1.0
M45%▲ 10.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

415 students10% Special Ed0% Gifted

Sacred Heart Catholic High School

1.2 km
CatholicGrades 9-12
EQAO scoreStrong
74 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math62%▲ 6.0
OSSLT literacy pass rate85%▼ 1.0

Arrows show 3-year change

1,240 students20% Special Ed2% Gifted

Dr John M Denison Secondary School

2.0 km
PublicGrades 9-12
EQAO scoreStrong
66 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math47%▼ 2.0
OSSLT literacy pass rate84%▼ 2.0

Arrows show 3-year change

1,000 students26% Special Ed0% Gifted