$125,000
Available - For Sale
Listing ID: E12860440
7 Musgrave Street , Toronto, M4E 2H3, Toronto
| Automotive Repair & Service Business for Sale - Prime Location. Excellent opportunity to own or expand your automotive business! This well-established automotive repair shop is now available for sale (business only - property not included). The facility features two spacious service bays with approximately 1,964 sq. ft. of repair space, offering ample room for vehicles, equipment, and storage. The shop comes equipped with two installed hoists, making it fully operational and ready for immediate business. In addition, there is an upstairs studio apartment with a washroom and kitchen. This space offers excellent income potential as a rental unit or can be conveniently used as living space for the owner or mechanic. This well-established shop operates as a one-stop automotive service center, offering a full range of services including: Automotive maintenance, General auto repair, Oil changes, Tire installation and services, Auto detailing, Body work, Insurance jobs & Warranty work, Mechanical repairs etc. The business is also known as the highest-rated automotive shop in the area, with excellent Google reviews and a strong reputation, providing a loyal customer base and consistent business. Key Details: Repair Garage Size: 1,964 sq. ft. 2 service bays, 2 installed hoists, Upstairs studio apartment (~700 sq. ft.) with kitchen & washroom, Business for sale only (no real estate), 5 yr Lease term available, Monthly rent: $4,520 (includes HST & TMI). A fantastic opportunity for mechanics, entrepreneurs, or investors looking to take over a fully operational, highly rated automotive service business in a prime location. |
| Price | $125,000 |
| Minimum Rental Term: | 60 |
| Taxes: | $8549.00 |
| Tax Type: | N/A |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 7 Musgrave Street , Toronto, M4E 2H3, Toronto |
| Postal Code: | M4E 2H3 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Gerrard and Dengate Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Automotive Related |
| Total Area: | 0.00 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | 8 |
| Employees #: | 2 |
| Seats: | 2 |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE CERTIFIED REALTY |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | East End-Danforth |
| Tax: | $8,549 |
| Baths: | 2 |
| Fireplace: | N |
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