506055 HIGHWAY 89 HIGHWAY, Mulmur

$399,000

For sale: Other

Other at 506055 HIGHWAY 89 HIGHWAY, Mulmur
Property type
Business
MLS®
MLS® X13747254
Neighbourhood
Rural Mulmur

Turnkey OMVIC-registered auto dealership - 13 years of continuous operation with $1M+ in annual sales. Fully equipped and running from day one. Rent only $960.50/mth incl. utilities, a cost structure almost unheard of in this industry. Storage for approx. 50 vehicles: open lot fronting the office holds approx. 20 units, plus a separate secured gated compound for another 30. Buyer inherits a complete operating platform - established website, DealerTrack financing portal, 4 dealer plates, buying privileges at leading auctions across Canada and the US, relationships with 2 warranty providers, National Exhaust parts account, and processing access at several ServiceOntario branches incl. Saturdays. Working capital already arranged: $100,000 floorplan financing (increasable subject to credit) plus a further $100,000 exterior credit facility. No prior experience required - vendors will train the incoming owner. Ideal for enthusiasts, passive investors, or first-time business buyers. Financials available to qualified buyers on signed confidentiality agreement. 4 dealer plates, DealerTrack portal, established website, 2 warranty providers, National Exhaust account, ServiceOntario processing access (Sat. included). $100K floorplan + $100K exterior credit. Approx. 50-car capacity. Vendor training provided.

Sold data

Homes in Rural Mulmur — recent sold market

Homes in Rural Mulmur took a median of 68 days to sell over the last 365 days, with the quickest quarter selling within 32 days and the slowest quarter taking more than 86, across 42 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.

The median sale price was $1,075,000.

Homes sold for about 5.2% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
68
Median sale price
$1,075,000
Sale-to-list ratio
94.8%
Sold above asking
2%

Based on 42 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Mulmur

Mulmur has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Mulmur

  • Primrose — elementaryFraser rating 6.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 506055 HIGHWAY 89 HIGHWAY