46 YONGE STREET S, Springwater (Elmvale)

$1,895,000

For sale: Other

Other at 46 YONGE STREET S, Springwater (Elmvale)
Property type
Commercial Retail
MLS®
MLS® S13781918
Neighbourhood
Elmvale

BEACOCK'S AUTO SERVICE BUSINESS, 4,242 SQ FT COMMERCIAL BUILDING & 100 X 132 FT LOT WITH INVESTMENT POTENTIAL! Excellent opportunity to acquire a long-established automotive repair business together with the real estate in the growing community of Elmvale. Beacock's Auto Service has built a strong reputation over many years, supported by a loyal repeat customer base and a well-maintained freestanding commercial building on a prominent 100 x 132 ft lot. The property offers approximately 4,242 sq. ft. with four service bays, a reception area, offices, a customer waiting area and ample on-site parking. Strong visibility, steady traffic flow and easy access make this an ideal location for continued automotive service or other compatible commercial uses. The sale includes the land, building and established business, providing a strong opportunity for an owner-operator, expanding automotive group or investor seeking a turnkey operation with immediate cash flow potential. Experienced staff may be available to remain, supporting a seamless transition for new ownership. Financial information is available to qualified purchasers upon execution of a confidentiality agreement. Please do not approach the business or staff directly. Showings by appointment only.

Sold data

Homes in Elmvale — recent sold market

Homes in Elmvale took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 56, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.

The median sale price was $650,000.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$650,000
Sale-to-list ratio
97.2%
Sold above asking
7%

Based on 43 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.

Currently for sale

Homes for sale near 46 YONGE STREET S