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471 Garyray Drive

471 Garyray Drive

Toronto W05, ON

  • Sale Of Business
  • 350 days on market
$428,000Price reduced 12%

Business for sale An amazing rare opportunity in one of the best location of the GTA , around 5000sqft potential low rent and long-term lease with the potential extension for another 5 years. Well-known business with the GROSS income cap rate IS AROUND 10% And net cap rate of 6.5% lots of tools, machines, equipment's and vehicles. List all belongings, inclusion and exclusion is on attachment and will explain with all the details during the showing time. Don't lose this opportunity for the professional mechanics. This is one of the time of opportunity ready to go and a lots of potential to improvement These 3 vehicle inc of business Mb c280 2006Ford F150 2011 RWD Ford F 150 2012 4WD list in attachments

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Listing Details

Taxes (2024)
$8,249
Originally Listed
$488,000
Listed
September 15, 2025

Price History

Property

Lot Size
1.03 Acres

Parking

Garage
Covered

Location & Legal

Cross Street
steels ave w& weston rd
Zoning
industrila /commercial
Parcel Number
102970031
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Automotive Related

Included

Exclusions
property.lift truck and some other detail in list and NOTIFY ] at showings
Rental Items
Tax .TMI.insurances.utility and other costs are around 2000.00monthly witch plus rent total will be Around 6000.00Monthly .

Property Insights

hot tubtile floorsneeds work

AI-generated from listing photos. Not professional advice.

Community

Postal area M9L

Population
11,737
Private dwellings
4,082
Median age
41.6
Average household size
3.1
Median household income
$81,000

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 W05 · last 12 months

Median sold price
$825,000
Homes sold
788
Median days on market
26
Sale-to-list price
97.8%

Based on 788 recorded sales of commercial properties in Toronto W05 over the last 12 months.

Listed by

KINGSWAY REAL ESTATE

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Annual property tax
$8,249

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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Reita said:

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