56 Davis Drive
56 Davis Drive
$649,000
$433/sq ft · 2 days on market
About This Listing
Great Opportunity to Own a Philthy Philly's Fast Food Restaurant In the Heart Of the Newmarket, Ideal Opportunity For A Person Who Wants To Be Own Boss with attractive net profit Established business located in the busy plaza of Central Newmarket. *Philthy Philly* franchise with over 40 stores across Ontario and growing. Great Signage, Exposure, And Traffic Count is limitless as plaza is anchored by No Frills, Baskin Robin, Goodlife Fitness, SDM and many major banners. Fully Equipped Kitchen & Very Easy To Run. Lots Of Potentials To Grow. Monthly Revenue between $65 to 70K, Very low Rent : $5085 (incl. TMI, HST & Water), Utilities : Apx. $1200, Proven Food Cost is 30%, Franchise Royalty $500/Mthly. An attractive net profit after all expense.
| Monthly Mortgage (P&I) | $2,828 |
| Property Tax (est.) | $352 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,179 |
Down payment: $129,800 (20.0%) · Mortgage: $519,200
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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Data last updated: August 23, 2026 at 10:26 a.m.