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$298,000
$330,000For salePrice drop↓ $32,000 (10%)

393 Weston Road, Toronto (Rockcliffe-Smythe) - Business for Sale

393 Weston Road, Toronto (Rockcliffe-Smythe), Ontario, M6N3P7

Listed 47 days ago
Overview

This business in Toronto is for sale.

Description

Outstanding turnkey automotive business opportunity! Rare chance to acquire a long-established and highly respected auto repair and collision centre in a prime high-exposure location on busy Weston Road. Benefiting from exceptional daily traffic, this business has built a stellar reputation over many years with a loyal customer base generated through repeat clients, referrals, and consistent walk-in traffic.The business offers multiple revenue streams, including full mechanical services, collision and body repairs, and professional paint services. The well-equipped facility is designed for efficient operations and includes multiple hoists, a professional paint booth, quality automotive equipment, office and reception area, customer waiting space, and ample parking (over 15 spots). Ideal for an owner-operator, established automotive business looking to expand, or an investor seeking a proven operation with tremendous upside. Excellent street exposure, easy accessibility, and a well-established presence within the community provide an outstanding foundation for future growth.Businesses of this calibre, in locations with this level of visibility and customer loyalty, rarely become available. A fantastic opportunity to take over a thriving operation and build on decades of success. (id:66096)

Property Details

MLS®
W13803702
Property Type
Business
Business Type
Automobile
Zoning
Commercial
Frontage
50 ft
Heating
No heat
Cooling
Partially air conditioned
Property Tax
$15,338/yr
Listed
47 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
47d
Toronto (Rockcliffe-Smythe) listings, avg age
47d
List price
$298K

Long Listed: 47 days on market, against an average age of 47 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This business in Toronto (Rockcliffe-Smythe) has been listed for 47 days, right at the city average. A solid opportunity worth looking into.

Listed by RIGHT AT HOME REALTY · MAX MIRZAEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6N)

This home lists at $298,000, about 3.9× the local median household income of $75,500.

Carrying it typically needs a household income of about $58,210 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$75,500
Population
40,252
Median age
40.8
Owner / renter
58% / 42%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA M6N)

$298,000
For sale

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Financing

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$298,000

Toronto

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