2 - 60 INDUSTRIAL ROAD, Richmond Hill (Crosby)

$499,000

For sale: Other

Other at 2 - 60 INDUSTRIAL ROAD, Richmond Hill (Crosby)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N13724832
Neighbourhood
Crosby

Rare opportunity to acquire a highly successful and well-established automotive business operating for 15 years at 60 Industrial Rd Unit B, Richmond Hill. This turnkey operation generates approximately $840,000 in annual gross sales and benefits from a highly attractive lease of only $6,734.67 per month including TMI. The premises feature 6 fully equipped service bays and 9 exclusive parking spaces, providing excellent capacity for repairs, maintenance, and vehicle sales operations. The property is zoned and licensed for both automotive repair and automotive sales, offering flexibility and multiple revenue streams for owner-operators and investors alike. Top Gear Automotive has built a strong reputation for quality workmanship, repeat clientele, and dependable service, creating a solid foundation for continued growth. A comprehensive list of equipment, tools, and chattels included in the sale will be provided separately.

Sold data

Homes in Crosby — recent sold market

Homes in Crosby took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 48, across 94 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $998,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$998,000
Sale-to-list ratio
97.0%
Sold above asking
30%

Based on 94 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 Richmond Hill (Crosby)

Richmond Hill (Crosby) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Crosby)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

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

Currently for sale

Homes for sale near 2 - 60 INDUSTRIAL ROAD