$299,000
For sale: Other

Established Automotive Service Business for Sale - Prime London Location- Excellent opportunity to acquire a well-established and reputable automotive service business in a highly visible London location. Maitland Auto Service provides a comprehensive range of automotive repair and maintenance services, including vehicle diagnostics, safety inspections, electrical repairs, sensor services, and advanced safety-system repairs. The business is equipped with modern diagnostic technology and supported by a strong base of repeat and loyal customers. With its established reputation for professional service and convenient location on Maitland Street, this turnkey operation offers an excellent foundation for an owner-operator or investor looking to expand an established automotive business. A great opportunity to take over a proven operation with an existing customer base and significant potential for continued growth.
Sold data
Other homes in London East (East K) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East K) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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