Opportunities like this do not come around often-proudly introducing this turn-key auto repair/mechanic shop for sale. A rare opportunity to acquire a fully equipped industrial condominium unit in Toronto's high-demand Keele & Finch employment district. Approximately 1,300 square feet of clean, well-maintained industrial space, featuring a private office, customer waiting area, and 2-piece bathroom. The functional, wide pie-shaped layout maximizes usable floor area and efficiency. The shop is fully equipped with everything needed to operate, including 2 automotive hoists, compressor, workbenches, shelving, and a full complement of mechanic shop equipment. Additional features include grade-level drive-in access, newer HVAC (2018), an owned hot water tank, and a bonus mezzanine ideal for additional storage. The unit is accompanied by four (4) designated parking spaces (2 front, 2 rear).Ideal for an owner-operator looking to start immediately or an investor seeking a strong industrial asset. Units with this layout and functionality are in high demand and typically lease quickly at premium rates. Excellent access to Highway 400, Highway 401, and Allen Road, within a large and accessible labour pool. Zoning M3, MOFH permits a wide range of uses, including automotive, light manufacturing, warehousing, contractor trades, service commercial, and distribution. (id:66096)
Property Details
MLS®
W12951052
Property Type
Industrial
Zoning
M3, MOFH
Bathrooms
1
Parking
4
Interior Size
1,300 ft²
Lot Size
1,300 sq ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$5,079/yr
Listed
216 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
216d
Toronto (York University Heights) listings, avg age
66d
Price / ft²
$746
List price
$970K
Long Listed: 216 days on market, against an average age of 66 days across the listings currently for sale in this city
Market timing · days on market0 → 66d avg age of current listings
Long Listed · day 216
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 industrial in Toronto (York University Heights) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by HOMELIFE/ROMANO REALTY LTD. · MICHAEL JONATHAN SIMONE
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M3J)
This home lists at $969,900, about 12.8× the local median household income of $75,500.
Carrying it typically needs a household income of about $189,455 (20% down, 25-yr amortization, stress-tested) — roughly 151% above the area median.
Median household income
$75,500
Population
26,600
Median age
36
Owner / renter
48% / 52%
Avg. household size
2.7
Source: Statistics Canada, 2021 Census (FSA M3J)
$969,900· $746/ft²
For sale
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Financing
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