8 MILVAN DRIVE, Toronto (Humber Summit)

$219,000

For sale: Other

Other at 8 MILVAN DRIVE, Toronto (Humber Summit)
Property type
Sale Of Business
MLS®
MLS® W13747424
Neighbourhood
Humber Summit

Repair and Sales! Owner Operator selling their running business with all equipment and tools. Great location with high amounts of drive by traffic. 4 Bays, 3 Drive in doors 2-8'x8', 1-8'x10', 3 hoists, (9,000lbs), tire machine, 60 Gallon compressor, 1 Shipping Container, 1 tire machine, 1 tire balancer. Parking or display for 15 cars ++. Fully operational with mechanic shop sold with mechanics tools, welding machines, torches/cart/tanks, press, engine hoists, racking, jacks, security cameras and alarm system, battery charger, office furniture. Running OMVIC Dealership, automotive repair. Business is operating, do not go direct, do not speak with employees or customers. RENT: $6850/M; INSURANCE: $500/M; HYDRO/GAS: $400/M; PHONE/INTERNET: $100/M; GARBAGE PICK UP: $60/M. Leased until Feb 2030.

Sold data

Homes in Humber Summit — recent sold market

Homes in Humber Summit took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 55, across 64 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 $848,500.

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

About 16% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$848,500
Sale-to-list ratio
97.0%
Sold above asking
16%

Based on 64 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 (Humber Summit)

Toronto (Humber Summit) 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 (Humber Summit)

  • 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 8 MILVAN DRIVE