7A MUSGRAVE STREET, Toronto (East End-Danforth)

$125,000

For sale: Other

Other at 7A MUSGRAVE STREET, Toronto (East End-Danforth)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® E12860440
Neighbourhood
East End-Danforth

Automotive Repair & Service Business for Sale - Prime Location. Excellent opportunity to own or expand your automotive business! This well-established automotive repair shop is now available for sale (business only - property not included). The facility features two spacious service bays with approximately 1,964 sq. ft. of repair space, offering ample room for vehicles, equipment, and storage. The shop comes equipped with two installed hoists, making it fully operational and ready for immediate business. In addition, there is an upstairs studio apartment with a washroom and kitchen. This space offers excellent income potential as a rental unit or can be conveniently used as living space for the owner or mechanic. This well-established shop operates as a one-stop automotive service center, offering a full range of services including: Automotive maintenance, General auto repair, Oil changes, Tire installation and services, Auto detailing, Body work, Insurance jobs & Warranty work, Mechanical repairs etc. The business is also known as the highest-rated automotive shop in the area, with excellent Google reviews and a strong reputation, providing a loyal customer base and consistent business. Key Details: Repair Garage Size: 1,964 sq. ft. 2 service bays, 2 installed hoists, Upstairs studio apartment (~700 sq. ft.) with kitchen & washroom, Business for sale only (no real estate), 5 yr Lease term available, Monthly rent: $4,520 (includes HST & TMI). A fantastic opportunity for mechanics, entrepreneurs, or investors looking to take over a fully operational, highly rated automotive service business in a prime location.

Sold data

Other homes in Toronto (East End-Danforth) — recent sold market

Other homes in Toronto (East End-Danforth) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.

The median sale price was $67,500.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

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

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
91.8%
Sold above asking
6%

Based on 32 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 Toronto (East End-Danforth)

Toronto (East End-Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (East End-Danforth)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 7A MUSGRAVE STREET