7A Musgrave Street
Toronto E02, ON
- 2 bath
- Sale Of Business
- 174 days on market
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.
Listing Details
- Taxes (2026)
- $8,549
- Listed
- March 9, 2026
Price History
Property
- Lot Size
- 25 x 150 Feet
Parking
- Garage
- Single Detached
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Gerrard and Dengate Road
- Zoning
- Commercial
- Parcel Number
- 210130207
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Automotive Related
- Rental Term
- 60 months
Included
- Inclusions
- 2 installed hoists, All tools
- Exclusions
- Personal belonging's.
- Rental Items
- N/A
Community
Postal area M4E
- Population
- 25,473
- Private dwellings
- 11,581
- Median age
- 42.8
- Average household size
- 2.3
- Median household income
- $112,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E02 · last 12 months
- Median sold price
- $1,201,000
- Homes sold
- 533
- Median days on market
- 10
- Sale-to-list price
- 104.9%
Based on 533 recorded sales of commercial properties in Toronto E02 over the last 12 months.
Listed by
ROYAL LEPAGE CERTIFIED REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $8,549
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?