395 Red Maple Road 2, Richmond Hill

$198,800
395 Red Maple Road 2

$198,800

New
17d
Sale Of Business

395 Red Maple Road 2, Richmond Hill

Total Monthly Obligation $1,177

Beds
0
Baths
0
Park
0
DOM
17d
Property Type-Sale Of Business
MLS® Number-N13865642
Beds-0
Listed on site-Oct 6, 2026
Building Type-Sale Of Business
Parking-Double Detached
Heating-Electric Forced Air
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-No
Fireplace-No
Pool-None
Sewer-Septic
Possession-Flexible
Neighbourhood-Langstaff
Title-Commercial

No agent assigned

Excellent opportunity to acquire an established, turnkey Automotive Service business in a prime Richmond Hill location near Yonge Street & 16th Avenue. This well-equipped operation offers oil change, tire service, and automotive repair services, making it an ideal opportunity for an experienced automotive professional or investor. The sale includes the business name, goodwill, established customer relationships, transferable client database where permitted, and all equipment required to continue operations. The approximately 1,600 sq. ft. facility plus one large mezzanine areas, 2 overhead garage doors, 1 man door, office, washroom. Extensive equipment includes one 10,000-lb hoist & one 9,000-lb hoist, tire machine, wheel balancer, compressor with hard-line air system, workbenches, shelving, transformers, oil disposal system, office furniture and supplies, plus additional machinery required for a turnkey automotive operation. Excellent location with high visibility and accessibility, minutes from Yonge Street, shopping, major amenities, and approximately a 10-minute walk to the GO Station. Current gross rent is approximately $3,955/month including TMI. A new 3-year lease is available for a qualified purchaser, with immediate possession possible. Seller represents that the business and equipment are free and clear of liens. A fantastic opportunity to step into an established automotive operation with existing infrastructure, equipment, and customer base. Business sale only.

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Closing Costs

Mortgage Amount
$159,040
Land Transfer Taxes$1,713
Legal Fees (Est.)
$
Total cash required for closing$42,973

Total Monthly Obligation

$1,177/mo
Mortgage $802
Monthly Loss $966
Principal$211
Interest$591
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 395 Red Maple Road 2

Time

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